Dogecoin (DOGE) Poised for Potential Breakout

Dogecoin（Doge）準備潛在的突破

Since the November-December rally, the cryptocurrency market has faced a correction, with many altcoins and memecoins struggling despite Bitcoin's momentum.

自11月至12月的集會以來，加密貨幣市場已經面臨更正，儘管比特幣的勢頭，許多Altcoins和Memecoins仍在掙扎。

Dogecoin's Downturn

Dogecoin的經濟低迷

Dogecoin, the top memecoin, has experienced a significant drop of over 37% in the past 60 days, now trading around $0.24. This decline from its December 8 high of $0.48 represents a 50% correction, raising questions about whether DOGE has reached its local bottom.

在過去60天內，Dogecoin是最高的紀念品，在過去60天內的跌幅超過37％，現在交易約為0.24美元。從12月8日的高點（0.48）起，這種下降代表了50％的更正，這引發了有關Doge是否達到本地底部的問題。

Historical Patterns Suggest a Rally

歷史模式表明集會

According to crypto analyst Chandler, DOGE's current daily chart shows striking similarities to its 2017-2018 market cycle. In that cycle, Dogecoin underwent a major correction before embarking on an explosive 24x rally, rising from $0.0008 to $0.018.

Crypto分析師錢德勒（Chandler）表示，Doge當前的每日圖表顯示出與2017 - 2018年市場週期的驚人相似之處。在該週期中，Dogecoin在開始進行爆炸性的24倍集會之前進行了重大更正，從0.0008美元上升到0.018美元。

Technical Indicators Support Breakout

技術指標支持突破

Several technical indicators suggest that DOGE could be on the verge of another significant breakout:

一些技術指標表明，Doge可能處於另一個重大突破的邊緣：

• Price Action: The rounded top formation and subsequent correction mirror the 2017 structure.
• Support Level: DOGE has returned to a key horizontal support level, which has historically acted as a bounce zone before major surges.
• RSI Indicator: The Relative Strength Index (RSI) resembles the 2017 pattern, indicating a potential bottoming out.

Projected Trajectory

價格動作：圓形的頂部形成和隨後的校正鏡像2017年的結構。支持級別：Doge已恢復到關鍵的水平支撐水平，該水平支撐水平歷史上一直充當彈跳區域之前。RSI指標：相對強度指數（ RSI）（RSI）類似於2017年的模式，表明潛在的底線。

In the 2017 cycle, DOGE entered a parabolic phase after completing its correction and consolidation. If history repeats itself, DOGE could potentially rally above $0.50 and even reach a new all-time high (ATH) around $1.

在2017年周期中，Doge在完成其校正和整合後進入了拋物線階段。如果歷史重演，Doge可能會超過0.50美元，甚至達到1美元左右的新歷史最高（ATH）。

Disclaimer:

免責聲明：

This article is for informational purposes only and does not provide financial advice. Conduct your own research before making investment decisions.

本文僅用於信息目的，不提供財務建議。在做出投資決策之前，進行自己的研究。