Cover image via U.Today

封面圖片來自 U.Today

Dogecoin (DOGE) is a highly observed altcoin in the digital currency market, and its current trajectory has prompted speculation about a potential bullish breakout. At the time of writing, Dogecoin is valued at $0.1705, having gained 12.55% over the past 24 hours.

狗狗幣（DOGE）是數位貨幣市場上備受關注的山寨幣，其目前的走勢引發了人們對潛在看漲突破的猜測。截至撰寫本文時，狗狗幣的估值為 0.1705 美元，在過去 24 小時內上漲了 12.55%。

According to prominent market analyst Ali Martinez, Dogecoin may be poised to revisit its peak price of $0.2, which it last reached over a month ago. Martinez supports this assertion with a chart illustrating DOGE's breakout from a Descending Triangle pattern. Subsequent confirmations have led to a significant retracement.

著名市場分析師阿里馬丁內斯 (Ali Martinez) 表示，狗狗幣可能會重新回到 0.2 美元的峰值價格，上次達到這個價格是一個多月前的事。馬丁內斯用一張圖表來支持這一論斷，該圖表說明了 DOGE 從下降三角形形態中突破。隨後的確認導致了大幅回調。

The recent correction suggests a potential price reversal, paving the way for DOGE to retest the $0.2 resistance level. While Martinez does not definitively predict a rebound, he notes that "history doesn't always repeat itself, but it often rhymes."

最近的調整表明價格可能出現逆轉，為 DOGE 重新測試 0.2 美元阻力位鋪平道路。雖然馬丁內斯沒有明確預測經濟反彈，但他指出，“歷史並不總是重演，但往往會押韻。”

History doesn't repeat itself, but it often rhymes!! https://t.co/qr9BG5QnjH— Ali (@ali_charts) May 21, 2024

歷史不會重演，但往往會押韻！ https://t.co/qr9BG5QnjH—阿里 (@ali_charts) 2024 年 5 月 21 日

For Dogecoin, the $0.2 threshold represents a formidable resistance point. Short-term selling pressure typically intensifies around this price range, causing a drawdown that the market has struggled to break free from for over four weeks.

對於狗狗幣來說，0.2 美元的門檻代表著一個強大的阻力點。短期拋售壓力通常會在這個價格範圍附近加劇，導致市場四週以來一直難以擺脫的下跌。

The current market sentiment is largely bullish, and Dogecoin may benefit from this momentum to sustain its recent growth. To reach the $0.2 mark, it would need to appreciate by an additional 17%. The recent surge in whale transactions suggests that achieving this milestone in the near term is feasible, as a supply crunch is gradually developing.

目前的市場情緒基本上是看漲，狗狗幣可能會受益於這一勢頭以維持近期的成長。要達到 0.2 美元大關，需要再升值 17%。最近鯨魚交易的激增表明，隨著供應緊縮逐漸發展，在短期內實現這一里程碑是可行的。

Additionally, the anticipation surrounding the potential approval of a spot Ethereum ETF this week is likely to buoy the price of Dogecoin, along with other meme coins. Beyond the immediate $0.2 target, the long-term price objective for DOGE remains at $1.

此外，圍繞本週以太坊 ETF 現貨可能獲得批准的預期可能會提振狗狗幣以及其他迷因幣的價格。除了 0.2 美元的近期目標外，DOGE 的長期目標價仍為 1 美元。