Dogecoin Poised for Explosive Move, Technical Analysis Suggests

技術分析表明，狗狗幣即將出現爆炸性走勢

Date: Mon, Nov 25, 2024, 09:04 AM GMT

日期：2024 年 11 月 25 日星期一上午 09:04 GMT

The cryptocurrency market has witnessed a remarkable surge, with Bitcoin (BTC) reaching a new all-time high of $99,502 following Donald Trump's victory in the U.S. elections on November 5, 2024. Alongside Bitcoin, the popular memecoin Dogecoin (DOGE) has also gained significant traction.

2024 年11 月5 日唐納德·川普在美國大選中獲勝後，加密貨幣市場出現了驚人的飆升，比特幣(BTC) 創下了99,502 美元的歷史新高。狗幣(DOGE) 也上漲了顯著的牽引力。

Dogecoin's Meteoric Rise

狗狗幣的迅速崛起

Dogecoin has experienced a staggering 221% surge in the past 30 days, currently trading at $0.43. This rally has been amplified by the buzz surrounding Trump's announcement that Elon Musk and Vivek Ramaswamy will lead the newly formed "Department of Government Innovation."

狗狗幣在過去 30 天裡經歷了驚人的 221% 飆升，目前交易價格為 0.43 美元。川普宣布伊隆馬斯克和維韋克拉馬斯瓦米將領導新成立的“政府創新部”，這一消息進一步放大了這一漲勢。

Striking Similarities to Historical Bull Runs

與歷史牛市驚人相似

Renowned chart analyst @TATrader_Alan has identified uncanny similarities between Dogecoin's current price action and its historical bull run cycles. He postulates that Dogecoin's movement closely aligns with the price patterns observed between 2018-2021, which culminated in the token reaching its previous all-time high of $0.73.

著名圖表分析師@TATrader_Alan 發現了狗狗幣當前的價格走勢與其歷史牛市週期之間驚人的相似之處。他假設狗狗幣的走勢與 2018 年至 2021 年期間觀察到的價格模式密切相關，最終該代幣達到了 0.73 美元的歷史新高。

By superimposing the 2018-2021 cycle over the ongoing 2021-2025 cycle, several key parallels emerge:

透過將 2018-2021 年週期與正在進行的 2021-2025 年週期疊加，出現了幾個關鍵的相似之處：

1. Consolidation and Pullback: In both cycles, Dogecoin underwent an extended consolidation phase followed by a sharp pullback.
2. Breakout Momentum: Historically, Dogecoin has entered a parabolic uptrend after the pullback, hinting at the possibility of reaching $3 in this cycle.
3. Cycle Timing: The charts suggest that Dogecoin exhibits cyclical behavior, with major surges occurring towards the latter stages of the respective cycles.

Technical Analysis: Is $3 Inevitable?

盤整和回調：在兩個週期中，狗狗幣都經歷了長時間的盤整階段，然後急劇回調。達到3 美元。

Based on the comparison of the two cycles, it appears that Dogecoin is poised for another explosive move.

根據兩個週期的比較，狗狗幣似乎已準備好迎來另一​​次爆炸性走勢。

Key Technical Insights:

關鍵技術見解：

1. **Pullback to $0.30:** Analysts predict a potential pullback to $0.30, representing a 30% decline from the current price. However, the altered market dynamics influenced by Trump's victory and the leadership of Musk and Ramaswamy in the "Department of Government Innovation" may mitigate the severity of this retracement.
2. Current Price Movement: Dogecoin is currently trading at $0.43, indicating a strong recovery from its lows earlier this year.
3. Fibonacci Extensions: Using Fibonacci retracement levels from past bull cycles, Dogecoin's next major resistance is projected near $1.50. Beyond that, a move to $3 remains aligned with historical parabolic trends.

Conclusion

**回調至 0.30 美元：**分析師預測可能回調至 0.30 美元，較目前價格下跌 30%。然而，受川普獲勝以及馬斯克和拉馬斯瓦米在「政府創新部」領導力的影響，市場動態的變化可能會減輕這種回撤的嚴重程度。的交易價格為0.43 美元，表明狗狗幣從其斐波那契擴展：使用過去牛市週期的斐波那契回撤水平，狗狗幣的下一個主要阻力位預計接近 1.50 美元。除此之外，升至 3 美元的走勢仍符合歷史拋物線趨勢。

Dogecoin's recent performance and historical patterns strongly suggest that the token has the potential to reach $3 in the current cycle. While a pullback to $0.30 is not entirely unlikely, the heightened momentum driven by macroeconomic factors and market sentiment surrounding Trump's policies could moderate the severity of such a retracement.

狗狗幣最近的表現和歷史模式強烈表明該代幣有潛力在當前週期達到 3 美元。雖然回調至 0.30 美元的可能性並非完全不可能，但宏觀經濟因素和圍繞川普政策的市場情緒推動的勢頭增強可能會緩和這種回調的嚴重程度。

As with all investments, it is crucial to approach cryptocurrency markets with caution and conduct thorough research before making any decisions.

與所有投資一樣，謹慎對待加密貨幣市場並在做出任何決定之前進行徹底研究至關重要。