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Dogecoin is currently exhibiting price patterns that closely mimic its remarkable ascent in 2020, where it saw an astounding surge to $0.76, indicating the possibility of a significant upswing. The cryptocurrency’s current behavior is reminiscent of its recovery period after the bear market spanning 2018 to 2020.
狗狗幣目前表現出的價格模式與 2020 年的顯著上漲非常相似,當時它的價格驚人地飆升至 0.76 美元,表明有可能出現大幅上漲。這種加密貨幣目前的表現讓人想起它在 2018 年至 2020 年熊市之後的恢復期。
Comparing Past and Present Dogecoin Dynamics
過去與現在的狗狗幣動態比較
Previously, Dogecoin navigated through a long stretch of minimal fluctuations, oscillating between $0.0012 and $0.0056, suggesting stability in the market. Today, Dogecoin finds itself in a similar consolidation phase but at a notably higher price corridor, which aligns with the 0.236 and 0.0 Fibonacci retracement levels. The critical resistance at the 0.236 Fib level, priced at $0.181, is the focal point for potential bullish momentum.
此前,狗狗幣經歷了長期的小幅波動,在 0.0012 美元至 0.0056 美元之間波動,顯示市場穩定。今天,狗狗幣發現自己處於類似的盤整階段,但價格走廊明顯較高,與 0.236 和 0.0 斐波那契回撤水準一致。關鍵阻力位 0.236 Fib 水準(價格為 0.181 美元)是潛在看漲勢頭的焦點。
As Dogecoin contends to break past this significant threshold, the situation mirrors the breakout pattern from the previous cycle. A sustained position above this figure could signal a shift in investor confidence.
當狗狗幣力爭突破這一重要門檻時,情況反映了上一個週期的突破模式。持續高於這一數字可能預示著投資者信心的轉變。
Twin Factors Fueling Dogecoin’s Ascent
推動狗狗幣崛起的雙重因素
In 2020, the coin’s meteoric rise was partly propelled by the US Federal Reserve’s monetary policies, which included lowering interest rates that increased liquidity. Currently, the market is buzzing with similar conditions, as anticipation builds around the possibility of interest rate reductions in 2024. Moreover, the approaching Bitcoin halving event, which reduces rewards for mining, is another factor contributing to Dogecoin’s bullish trajectory, reminiscent of the boost following past halving events.
2020年,比特幣的快速上漲在某種程度上是受到聯準會貨幣政策的推動,其中包括降低利率以增加流動性。目前,市場正充斥著類似的情況,因為人們對2024 年降息的可能性抱有期待。此外,即將到來的比特幣減半事件會減少挖礦獎勵,這是導致狗狗幣看漲軌蹟的另一個因素,讓人想起比特幣的上漲繼過去的減半事件之後。
Following Bitcoin’s third halving in 2020, Dogecoin recorded an impressive 34,300% price jump. With the fourth Bitcoin halving anticipated around mid-April, history suggests a potential upsurge for Dogecoin, offering an enticing prospect for investors eyeing alternative cryptocurrencies.
2020 年比特幣第三次減半後,狗狗幣的價格上漲了 34,300%,令人印象深刻。隨著比特幣第四次減半預計在 4 月中旬左右,歷史表明狗狗幣可能會上漲,為關注替代加密貨幣的投資者提供了誘人的前景。
The post first appeared on BH NEWS: Dogecoin Emulates 2020 Surge, Eyes Potential Breakout
該貼文首次出現在 BH NEWS:狗狗幣模擬 2020 年激增,關注潛在突破