Dogecoin (DOGE) Trading Volume Reaches $1.09 Billion, Indicating Bullish Signs

Dogecoin (DOGE), the popular cryptocurrency known for its Shiba Inu logo, has experienced a significant surge in trading volume, reaching an impressive $1.09 billion in just 24 hours. This 146% increase reflects a growing interest from investors, as Dogecoin continues to gain traction with its playful charm and solid community support.

狗狗幣(DOGE) 交易量達到10.9 億美元，顯示看漲跡象狗狗幣(DOGE) 是一種以其柴犬標誌而聞名的流行加密貨幣，其交易量大幅飆升，在短短24 小時內就達到了令人印象深刻的10.9 億美元。 146% 的成長反映了投資者日益增長的興趣，因為狗狗幣以其有趣的魅力和堅實的社區支持繼續獲得關注。

Dogecoin's Trading Volume Surge

Dogecoin's trading volume has witnessed a remarkable spike in large transactions, amounting to approximately 8.61 billion DOGE. This surge comes amid a broader crypto market downturn, with Bitcoin's recent decline and speculations surrounding potential sales of U.S. government-held cryptocurrencies adding to the uncertainty.

狗狗幣交易量激增狗狗幣交易量在大額交易中出現顯著飆升，交易量約為86.1億DOGE。這一飆升發生在加密貨幣市場更廣泛的低迷時期，比特幣最近的下跌以及圍繞美國政府持有的加密貨幣的潛在銷售的猜測增加了不確定性。

Despite the overall market conditions, Dogecoin has maintained its momentum, with its trading volume increase signaling the growing confidence of large investors and institutions.

儘管整體市場狀況不佳，但狗狗幣仍保持了成長勢頭，交易量的增加表明大型投資者和機構的信心不斷增強。

Potential Bull Run on the Horizon

Crypto trader Kevin suggests that a bullish rally for Dogecoin may be approaching based on the latest Dogecoin/Bitcoin chart. He observes a recent bullish signal from the 3-day Moving Average Convergence/Divergence (MACD) indicator, which has historically indicated a surge in DOGE against BTC.

潛在的多頭市場即將來臨加密貨幣交易員凱文表示，根據最新的狗狗幣/比特幣圖表，狗狗幣的看漲反彈可能即將到來。他觀察到 3 日移動平均線收斂/發散 (MACD) 指標近期出現看漲訊號，該指標歷來表明 DOGE 兌 BTC 價格飆升。

Kevin also highlights potential catalysts for altcoin growth, including a possible pivot from the Federal Reserve and Bitcoin's dominance reaching a crucial level. However, he cautions investors to exercise patience and monitor the market carefully.

凱文也強調了山寨幣成長的潛在催化劑，包括聯準會可能的轉向以及比特幣的主導地位達到關鍵水平。不過，他提醒投資者保持耐心並仔細監控市場。

Dogecoin's Future Outlook

Technical analysis indicates that Dogecoin has the potential to rebound if it can maintain the 50-day SMA as support. A bounce back could lead to higher levels, potentially reaching the 200-day SMA at $0.134. Sustained rally momentum could push the price up to $0.14 or even $0.18.

狗狗幣的未來展望技術分析表明，如果狗狗幣能夠維持50日移動平均線的支撐，狗狗幣就有反彈的潛力。反彈可能會導致更高的水平，有可能達到 0.134 美元的 200 日移動平均線。持續的上漲勢頭可能會將價格推高至 0.14 美元甚至 0.18 美元。

On the other hand, if the price falls below the $0.12 support level, further declines are possible, reaching as low as $0.10. However, it is important to note that Dogecoin is still down 1.6% in the last 24 hours and 5.42% over the past week.

另一方面，如果價格跌破 0.12 美元的支撐位，則可能進一步下跌，最低至 0.10 美元。不過，值得注意的是，狗狗幣在過去 24 小時內仍下跌 1.6%，過去一週下跌 5.42%。