Meme cryptocurrency Dogecoin (DOGE) is currently exhibiting a bullish bias, consolidating its price above the $0.15 support zone amid short-term positive market sentiment.
Meme 加密貨幣狗狗幣 (DOGE) 目前表現出看漲傾向,在短期積極的市場情緒中,其價格鞏固在 0.15 美元支撐區域上方。
This comes as the Dogecoin community anticipates the coin maintaining this position, potentially driving its valuation towards the $1 mark.
狗狗幣社群預計狗狗幣將維持這一地位,這可能會推動其估值升至 1 美元大關。
Notably, this milestone appears achievable based on an Analysis by crypto trading expert Ali Martinez in an X (formerly Twitter) post on April 20. Martinez highlighted that Dogecoin has formed a historical classic pattern, suggesting a possible significant breakout.
值得注意的是,根據加密貨幣交易專家Ali Martinez 4 月20 日在X(前Twitter)貼文中的分析,這一里程碑似乎是可以實現的。表明可能會出現重大突破。
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He observed that the familiar pattern for DOGE emerged after breaking out from a descending triangle formation, often a precursor to substantial price movements. Martinez suggested that Dogecoin’s consolidation following its breakout could signal the beginning of a notable upswing.
他觀察到,狗狗幣在突破下降三角形形態後出現了熟悉的模式,這通常是價格大幅波動的先兆。馬丁內斯表示,狗狗幣突破後的盤整可能標誌著顯著上漲的開始。
“Dogecoin is showing its classic pattern once again! $DOGE is currently consolidating after breaking out from a descending triangle.Based on past trends, we might just see DOGE rocket towards $1 in the coming weeks!,” the expert said.
「狗狗幣再次展現出它的經典模式!美元DOGE在突破下降三角形後目前正在盤整。
DOGE’s buy signal
DOGE的買進訊號
Additionally, in a previous analysis, Martinez had observed that technical indicators suggested that Dogecoin’s TD Sequential point flashed a buy signal on the daily chart.
此外,在先前的分析中,馬丁內斯觀察到技術指標表明狗狗幣的 TD 序列點在日線圖上閃現出買入訊號。
The TD Sequential indicator is used to identify potential trend reversals or continuation patterns in the market. When the indicator generates a buy signal, it suggests that a sequence of candlesticks has met specific criteria, suggesting a potential bullish movement in the near term.
TD 順序指標用於識別市場中潛在的趨勢反轉或持續模式。當指標產生買入訊號時,它表明一系列燭台已滿足特定標準,表明近期可能出現看漲走勢。
This signal indicates the potential for an upswing lasting one to four days for the popular meme-based cryptocurrency.
這一信號表明流行的基於模因的加密貨幣有可能持續一到四天的上漲。
Should Dogecoin sustain its upward momentum and breach the $1 mark, it would represent a significant milestone for the cryptocurrency, though further bullish momentum would likely be necessary. Notably, Dogecoin’s recent gains coincide with the Bitcoin halving event, considered a bullish sentiment.
如果狗狗幣保持上漲勢頭並突破 1 美元大關,這將成為加密貨幣的一個重要里程碑,儘管可能需要進一步的看漲勢頭。值得注意的是,狗狗幣最近的上漲恰逢比特幣減半事件,被認為是看漲情緒。
Overall, Dogecoin has gained a reputation for trading in tandem with Bitcoin, and if the post-halving bullish sentiment materializes, the meme coin could have a better chance of rallying, confirming the classic pattern.
總體而言,狗狗幣因與比特幣同步交易而享有盛譽,如果減半後的看漲情緒成為現實,那麼狗狗幣可能有更好的機會反彈,從而證實了經典模式。
Dogecoin also continues to benefit from support from figures such as Tesla (NASDAQ: TSLA) CEO Elon Musk and community initiatives. For instance, during Bitcoin’s halving day, the Dogecoin community celebrated Dogecoin Day, a social media campaign aimed at raising awareness and boosting the value of Dogecoin.
狗狗幣也繼續受益於特斯拉(納斯達克股票代碼:TSLA)執行長馬斯克等人物的支持以及社區倡議。例如,在比特幣減半日期間,狗狗幣社群慶祝了狗狗幣日,這是一項旨在提高意識並提升狗狗幣價值的社群媒體活動。
Dogecoin price analysis
狗狗幣價格分析
Regarding price Analysis, Dogecoin is striving to surpass resistance at the $0.17 level. Breaking this level could pave the way for the meme coin to reach $0.18, and in an exceptionally bullish scenario, it could even target the psychological level of $0.2.
價格分析方面,狗狗幣正在努力突破 0.17 美元的阻力位。突破這一水平可能為 Meme 代幣達到 0.18 美元鋪平道路,在異常看漲的情況下,它甚至可能瞄準 0.2 美元的心理水平。
However, if Dogecoin fails to breach the $ 0.20 level, it may face rejection, potentially retracing to around $0.12, where it could find support.
然而,如果狗狗幣未能突破 0.20 美元的水平,它可能會面臨拒絕,並可能回落至 0.12 美元左右,在那裡它可能會找到支撐。
Meanwhile, by press time, Dogecoin was trading at $0.16019, having experienced a rally of over 3% in the last 24 hours. On a weekly timeframe, the meme coin has seen gains of over 6%.
同時,截至發稿時,狗狗幣的交易價格為 0.16019 美元,在過去 24 小時內上漲了超過 3%。從每週的時間範圍來看,meme 幣的漲幅超過 6%。
With the Dogecoin community still working on establishing strong fundamentals, the coin’s prospects of rallying hinge on the general market trajectory.
由於狗狗幣社群仍在努力建立強大的基本面,因此該幣的反彈前景取決於整體市場軌跡。
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資料來源:https://thebittimes.com/dogecoin-prediction-doge-paints-classic-pattern-ahead-of-breakout-tbt85943.html