The post Dogecoin To Moon ! DOGE Price Poised For 8x Rally This Crypto Bull run appeared first on Coinpedia Fintech News

狗狗幣到月球後！ DOGE 價格預計會上漲 8 倍 這次加密貨幣多頭市場首先出現在 Coinpedia 上

In the aftermath of the spot Bitcoin Exchange Traded Fund (ETF) debut, the digital currency landscape experienced a mild retraction, with Dogecoin (DOGE) leading the descent with a 1.80% drop to $0.08479 in the past 24 hours. The concern deepens as trading volume plunges by 27% to $609,330,772, revealing potential struggles for Dogecoin.

在現貨比特幣交易所交易基金 (ETF) 首次亮相後，數位貨幣格局經歷了溫和回落，狗狗幣 (DOGE) 領跌，在過去 24 小時內下跌 1.80% 至 0.08479 美元。隨著交易量暴跌 27% 至 609,330,772 美元，這種擔憂加深，揭示了狗狗幣潛在的困境。

Notably, Dogecoin’s large transaction volume, a key metric, has fallen by 5.89% to approximately $1.3 billion in the last 24 hours, signaling challenges for the meme coin. However, amidst this, the broader altcoin sector showcases resilience, with prominent altcoins recording growth ranging between 12% to 20%. Furthermore, the memecoin sector, including Dogecoin and Shiba Inu, displays a recovery, surpassing previous setbacks, fueled by substantial investor accumulation, as indicated by on-chain data.

值得注意的是，狗狗幣的大交易量（一項關鍵指標）在過去 24 小時內下降了 5.89%，至約 13 億美元，這表明狗狗幣面臨挑戰。然而，在此期間，更廣泛的山寨幣產業表現出了韌性，知名山寨幣的成長幅度在 12% 至 20% 之間。此外，鏈上數據顯示，在大量投資者累積的推動下，包括狗狗幣和柴犬在內的迷因幣產業出現復甦，超越了先前的挫折。

However, one analyst predicts a reversal is on the horizon, so things might change shortly.

然而，一位分析師預測逆轉即將到來，因此情況可能很快就會改變。

Technical Analysis of Dogecoins, Good time to Invest? 

狗狗幣技術分析，投資好時機？

Despite the recent challenges, a crypto analyst named CryptoCheck suggests that Dogecoin may have entered a buy zone. Analyzing various time frames, including the four-hour and weekly, the analyst sees potential for a bullish trend. The identified buy zone spans between $0.078 and $0.084, aligning with analysis from crypto analyst Skew, indicating favorable risk-reward dynamics above $0.087 for potential investors. 

儘管最近面臨挑戰，一位名為 CryptoCheck 的加密貨幣分析師表示，狗狗幣可能已進入買入區域。透過分析各種時間框架（包括四小時和每週），分析師認為看漲趨勢的潛力。確定的買入區域範圍在 0.078 美元至 0.084 美元之間，與加密貨幣分析師 Skew 的分析一致，表明對潛在投資者來說，高於 0.087 美元的風險回報動態有利。

On the flip side, the MVRV ratio for Dogecoin went above 1. This means that buyers have been buying Dogecoin when its market value was less than its realized value, which has caused its price to rise.

另一方面，狗狗幣的 MVRV 比率超過 1。這意味著買家在狗狗幣的市值低於其實現價值時購買狗狗幣，這導致其價格上漲。

Dogecoin’s attempt to get back above the 200-day exponential moving average (EMA) at $0.09 failed, which suggests that buyers are in charge of these higher prices. However, there are still buyers near the $0.081 mark. At this writing, the price of DOGE is $0.085, which is down more than 0.8% from yesterday.

狗狗幣試圖回到 200 天指數移動平均線 (EMA) 0.09 美元上方的嘗試失敗了，這表明買家正在掌控這些更高的價格。然而，在 0.081 美元關卡附近仍有買家。截至本文撰寫時，DOGE 價格為 0.085 美元，較昨日下跌逾 0.8%。

Balancing Potential Upside with Short-Term Realities

平衡潛在的上升空間與短期現實

Anticipating significant upside potential, CryptoCheck foresees an 800% price surge for Dogecoin, emphasizing the coin’s evolution from a joke to a noteworthy cryptocurrency, attributed to the steadfast support from its community. Noteworthy developments, such as Elon Musk’s X launching a peer-to-peer payments platform in 2024, fuel expectations that Dogecoin could play a pivotal role in this venture. 

CryptoCheck 預計狗狗幣具有巨大的上漲潛力，預計其價格將飆升 800%，並強調狗狗幣從一個笑話演變為一種值得注意的加密貨幣，這要歸功於其社群的堅定支持。值得關注的進展，例如 Elon Musk 的 X 在 2024 年推出了點對點支付平台，引發了人們對狗狗幣可能在這一合資企業中發揮關鍵作用的預期。

Apart from this, Musk has also kept his Dogecoin investments, and his aerospace firm, SpaceX, still has a significant stake in Bitcoin. This shows that he is taking a diverse approach to digital assets.

除此之外，馬斯克還保留了他的狗狗幣投資，他的航空航太公司 SpaceX 仍然持有比特幣的大量股份。這表明他正在對數位資產採取多元化的態度。

Looking at such a risky change of affairs, CryptoCheck remains cautious in the short term, highlighting the bearish trend and the necessity for the price to establish support before a sustained upward movement. While optimistic about the altcoin’s future, the analyst emphasizes the need for caution in the current market scenario.

考慮到如此危險的事態變化，CryptoCheck短期內仍保持謹慎態度，強調看跌趨勢以及價格在持續上漲之前建立支撐的必要性。儘管對山寨幣的未來持樂觀態度，但分析師強調在當前市場情況下需要保持謹慎。