The Dogecoin (DOGE) price has consolidated in the past two months but is gradually gaining upward momentum.

狗狗幣（DOGE）的價格在過去兩個月中一直盤整，但逐漸獲得上漲動力。

DOGE broke out from a short-term resistance but still trades inside a long-term corrective pattern.

狗狗幣突破了短期阻力位，但仍在長期修正模式內交易。

Dogecoin Consolidates Inside Corrective Pattern

狗狗幣鞏固內部修正模式

The technical analysis of the daily time frame shows that DOGE has traded inside an ascending parallel channel since June 2023. The price seemingly broke out in December, reaching a new yearly high of $0.107.

每日時間框架的技術分析顯示，自 2023 年 6 月以來，DOGE 一直在上昇平行通道內交易。價格似乎在 12 月突破，達到 0.107 美元的年度新高。

However, the DOGE price has fallen since, validating the channel as resistance twice in January 2024 (red icon). Despite the DOGE rejection, it still trades in the pattern’s upper portion. 

然而，此後 DOGE 價格開始下跌，並在 2024 年 1 月兩次驗證該通道為阻力位（紅色圖示）。儘管 DOGE 遭到拒絕，但它仍然在該形態的上部進行交易。

DOGE/USDT 每日圖表。來源：TradingView

The daily Relative Strength Index (RSI) has turned bullish. When evaluating market conditions, traders use the RSI as a momentum indicator to determine whether a market is overbought or oversold and whether to accumulate or sell an asset.

每日相對強度指數（RSI）已轉為看漲。在評估市場狀況時，交易者使用 RSI 作為動量指標來確定市場是否超買或超賣以及是否累積或出售資產。

If the RSI reading is above 50 and the trend is upward, bulls still have an advantage, but if the reading is below 50, the opposite is true. This week, the indicator increased above 50 (green icon), indicating a bullish trend.

如果RSI讀數高於50且趨勢向上，多頭仍然具有優勢，但如果讀數低於50，則相反。本週，該指標升至 50 以上（綠色圖示），顯示看漲趨勢。

DOGE Price Prediction: Where to Next?

DOGE 價格預測：下一步何去何從？

The six-hour time frame supports the ongoing bounce and suggests it will continue. This is because the DOGE price broke out from a descending resistance trend line on Feb. 9 and validated it as support four days later (green icon).

六小時的時間框架支持了持續的反彈，並表明反彈將持續下去。這是因為 DOGE 價格在 2 月 9 日突破下降阻力趨勢線，並在四天後將其驗證為支撐位（綠色圖示）。

This is a common movement after breakouts and usually leads to trend continuation.

這是突破後常見的走勢，通常會導致趨勢延續。

The bounce is also supported by the RSI, which increased above 50 (green circle) once the Dogecoin price bounced at the trend line.

這次反彈也受到 RSI 的支撐，一旦狗狗幣價格在趨勢線反彈，RSI 就會升至 50（綠色圓圈）以上。

However, there is still a strong horizontal resistance level at $0.088, which coincides with the resistance trend line of the long-term channel.

不過，0.088美元仍有較強的水平阻力位，阻力位與長期通道的阻力趨勢線重疊。

If DOGE breaks out, it will confirm its trend reversal and can initiate a 25% increase to the next resistance at $0.102.

如果 DOGE 突破，它將確認其趨勢反轉，並可能上漲 25% 至下一個阻力位 0.102 美元。

DOGE/USDT 六小時圖。來源：TradingView

Despite the bullish DOGE price prediction, closing below the $0.078 area can trigger a 20% drop to the next closest support at $0.066.

儘管 DOGE 價格預測看漲，但收盤價低於 0.078 美元區域可能會引發 20% 的下跌，至下一個最接近的支撐位 0.066 美元。

Why Dogecoin Is The MOST Underrated Cryptocurrency – YouTube

為什麼狗狗幣是最被低估的加密貨幣 – YouTube

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