Dogecoin Poised for Further Gains as Bullish Triangle Pattern Emerges

隨著看漲三角形模式的出現，狗狗幣有望進一步上漲

Dogecoin is experiencing a surge in momentum following Bitcoin's recovery above $71,000. This has ignited a wave of euphoria across the crypto market, propelling DOGE above the $0.16 resistance.

隨著比特幣恢復至 71,000 美元以上，狗狗幣的勢頭激增。這在整個加密貨幣市場引發了一波熱潮，推動 DOGE 突破 0.16 美元阻力位。

Bullish Triangle Pattern Signals Upside Potential

看漲三角形形態預示著上漲潛力

Crypto analyst Lingrid has identified a bullish triangle pattern on Dogecoin's chart. This formation has historically been associated with price appreciation.

加密貨幣分析師 Lingrid 在狗狗幣圖表上發現了看漲三角形模式。從歷史上看，這種形成與價格升值有關。

The analyst notes that Dogecoin has been consolidating below the upper boundary of the triangle. This pattern typically leads to a price squeeze, which is highly bullish.

分析師指出，狗狗幣一直在三角形上邊界下方盤整。這種模式通常會導致價格擠壓，這是高度看漲的。

Lingrid has identified a range zone around $0.15 that was crucial to the triangle's formation. The emergence of a range suggests accumulation is underway, signaling the potential for a breakout.

Lingrid 確定了 0.15 美元左右的範圍區域，這對於三角形的形成至關重要。區間的出現顯示吸籌正在進行中，預示著突破的可能性。

Additionally, Dogecoin has been creating higher lows, further indicating a sustained bullish trend. "If the price breaks through the downward trendline, we can expect a bullish rally to follow," Lingrid states.

此外，狗狗幣一直在創造更高的低點，進一步表明持續的看漲趨勢。 Lingrid 表示：“如果價格突破下降趨勢線，我們預計接下來會出現看漲反彈。”

DOGE Remains Bullish

DOGE仍然看漲

This week, Dogecoin has exhibited strong bullish momentum as investor interest has shifted towards the meme coin. Trading volume has surged over 130% in the past week, reaching nearly $2 billion.

本週，隨著投資者的興趣轉向模因幣，狗狗幣表現出強勁的看漲勢頭。過去一周交易量飆升超過 130%，達到近 20 億美元。

Concurrently, there has been a significant increase in Dogecoin's open interest, suggesting that traders are betting heavily on its price. Coinglass data shows an 18% increase in open interest over the past 24 hours, reaching $921.4 million.

同時，狗狗幣的未平倉合約大幅增加，顯示交易者對其價格進行了大量押注。 Coinglass 數據顯示，過去 24 小時內未平倉合約增加了 18%，達到 9.214 億美元。

Historically, an increase in open interest has often correlated with a price rise. Therefore, it is anticipated that Dogecoin's rally will continue.

從歷史上看，未平倉合約的增加通常與價格上漲有關。因此，預計狗狗幣的漲勢將持續。

Currently, DOGE bulls maintain control of the market, driving the price over 8% in the past day. It is currently trading at $0.164, marking a 122% increase over the past year.

目前，DOGE多頭持續控制市場，推動價格在過去一天上漲超過8%。目前其交易價格為 0.164 美元，較去年上漲 122​​%。

Source: Tradingview.com Featured image from Dall.E, chart from Tradingview.com

來源：Tradingview.com 精選圖片來自 Dall.E，圖表來自 Tradingview.com