Dogecoin Price Rally Gains Momentum with New High

狗狗幣價格上漲勢頭強勁，創下新高

Dogecoin's price has surged to a new 52-week high of $0.4389, a level last seen in May 2021. The rally has pushed Dogecoin's market cap to over $53 billion, accounting for nearly half of the total meme coin market cap, currently valued at $110 billion.

狗狗幣的價格已飆升至0.4389 美元的52 週新高，該水平上次出現在2021 年5 月。一半，目前估值為110 美元十億。

However, a recent pullback in Bitcoin's price has caused a temporary setback for DOGE. Will this pullback lead to a bearish reversal in Dogecoin's trajectory?

然而，最近比特幣價格的回檔導致 DOGE 暫時受挫。這次回檔會導致狗狗幣走勢出現看跌逆轉嗎？

Dogecoin Price Performance

狗狗幣價格表現

Following a rounded bottom breakout, Dogecoin's rally surpassed the 61.80% Fibonacci level at $0.23. Over the past week, the Doge price jumped by 83.64%, followed by a 32% recovery this week.

在圓底突破後，狗狗幣的漲幅超過了 61.80% 斐波那契水平，達到 0.23 美元。過去一周，Doge 價格上漲了 83.64%，本週又回升了 32%。

Technical Analysis

技術分析

Dogecoin is currently trading at $0.3670, maintaining its dominance above the 78.60% Fibonacci level at $0.3463. The bullish reversal began at the 23.60% Fibonacci level, just below the $0.10 psychological mark.

狗狗幣目前的交易價格為 0.3670 美元，在 0.3463 美元的 78.60% 斐波那契水平上方保持主導地位。看漲反轉始於 23.60% 斐波那契水平，略低於 0.10 美元的心理關口。

Since then, Dogecoin has surged by almost 300% in less than three months. The bullish trend is approaching its all-time high of $0.73905 with strong momentum.

此後，狗狗幣在不到三個月的時間內飆升了近 300%。看漲趨勢正以強勁勢頭逼近歷史高點 0.73905 美元。

As buying pressure intensifies, the 50 and 200-week Simple Moving Averages (SMAs) have formed a golden crossover, with the 100-week SMA also trending upwards. Additionally, the Moving Average Convergence Divergence (MACD) and Signal lines have surged with a positive crossover, displaying bullish histograms.

隨著買壓加劇，50 週和 200 週簡單移動平均線 (SMA) 形成黃金交叉，100 週 SMA 也呈現上升趨勢。此外，移動平均收斂分歧（MACD）和訊號線以正交叉的方式飆升，顯示出看漲的長條圖。

Price Targets

價格目標

If the bull run continues and Dogecoin closes above $0.3463 this week, the rally could extend towards the $0.50 psychological mark.

如果多頭市場持續下去並且狗狗幣本週收於 0.3463 美元上方，則反彈可能會延伸至 0.50 美元的心理關卡。

Conversely, the intraday pullback of 3.24% may lead to a minor retest of the $0.3463 or $0.30 levels, providing a potential entry point for traders seeking a post-retest reversal.

相反，盤中回調 3.24% 可能會導緻小幅重新測試 0.3463 美元或 0.30 美元的水平，為尋求重新測試後反轉的交易者提供潛在的切入點。

FAQs

常見問題解答

• What is the next target for Dogecoin's bull run?
  The immediate target is $0.50, with the potential to challenge the all-time high of $0.73905 if the momentum sustains.
• What key levels should traders watch?
  Key support levels include $0.3463 and $0.30, while resistance lies at $0.50 and the all-time high at $0.73905.
• What signals indicate continued bullish momentum for Dogecoin?
  The golden crossover of the 50 and 200-week SMAs, strong MACD histograms, and dominance above the 78.60% Fibonacci level at $0.3463 suggest sustained bullish momentum.

狗狗幣牛市的下一個目標是什麼？ 近期目標是0.50 美元，如果勢頭持續，有可能挑戰0.73905 美元的歷史高點。阻力位位於0.50 美元和歷史高點0.73905 美元。上的主導地位表明持續看漲勢頭。