Dogecoin's (DOGE) price is undergoing a major cool-off after printing a bearish close on March 29 on the daily chart. This drawdown comes after the meme coin recorded a massive upsurge of 28% in the trailing seven-day period. At the time of writing, Dogecoin is down by 1.33% in the past 24 hours to $0.211.

狗狗幣 (DOGE) 的價格在 3 月 29 日日線圖上出現看跌收盤後，正經歷大幅降溫。此次下跌是在 Meme 幣在過去 7 天內大幅上漲 28% 後發生的。截至撰寫本文時，狗狗幣在過去 24 小時內下跌 1.33%，至 0.211 美元。

Though the parabolic 28% surge of the past week has hit a brick wall at this time, the price and network growth trend of DOGE for the better part of the month showcases what to expect in both the short and long term. Dogecoin started the month on a bullish note with a price of $0.1164. From March 1 through March 4, the coin recorded successive green daily candles but suffered a steep correction on March 5.

儘管過去一周 28% 的拋物線式飆升此時已經碰壁，但 DOGE 在本月大部分時間的價格和網路成長趨勢展示了短期和長期的預期。狗狗幣本月開局看漲，價格為 0.1164 美元。從 3 月 1 日到 3 月 4 日，該代幣連續錄得綠色日蠟燭，但在 3 月 5 日遭遇大幅回檔。

This correction extended until March 19, from which a bullish reversal was recorded. At this point, the price jumped from $0.12368 to a monthly high of $0.22847 as of March 27. This erratic movement shows that the price of Dogecoin is dynamic and might wriggle out of the current drawdown.

這種修正一直持續到 3 月 19 日，從那時起出現了看漲逆轉。此時，價格從 0.12368 美元躍升至截至 3 月 27 日的月度高點 0.22847 美元。這種不穩定的走勢表明狗狗幣的價格是動態的，可能會擺脫當前的下跌。

The daily charts show an ongoing bull-bear war, one that might be decided by the broader trend in the industry.

日線圖顯示了一場持續的牛熊大戰，這場戰爭可能由產業的整體趨勢決定。

Dogecoin stiff resistance to watch

狗狗幣僵硬耐看

Besides the general market outlook and whale actions, data from the crypto analytics platform IntoTheBlock (ITB) has showcased the major resistance point for the DOGE price.

除了整體市場前景和鯨魚行動之外，加密貨幣分析平台 IntoTheBlock (ITB) 的數據也顯示了 DOGE 價格的主要阻力點。

With the 88.98% jump in the addresses in profit coming in at 5.52 million addresses, the data posits that a total of 6.47 billion DOGE serves as a barrier to watch.

利潤成長 88.98%，達到 552 萬個地址，數據顯示，總共 64.7 億個 DOGE 是值得關注的障礙。

狗狗幣 I/O 貨幣圖表。來源：IntoTheBlock

A total of 573,840 addresses have a stake at this point and current charts show this is the last major barrier to set Dogecoin on its way toward retesting its all-time high (ATH) price of $0.7376.

目前共有 573,840 個地址持有股份，目前圖表顯示，這是狗狗幣重新測試 0.7376 美元歷史高點 (ATH) 價格的最後一個主要障礙。