Dogecoin Price Analysis: DOGE Breaks Resistance, Eyes 35% Rally

狗狗幣價格分析：DOGE突破阻力位，預計反彈35%

The fourth week of May commenced with a surge in the altcoin market, fueled by Ethereum's price rally to $3700. Over the past 24 hours, ETH has surged by 18.8%, possibly due to anticipation surrounding the launch of the first spot Ethereum ETF. Among the altcoins, the canine memecoin DOGE has exhibited remarkable growth, breaching a key resistance level and ending a seven-week correction, signaling a potential shift in market dynamics.

5 月第四周，在以太幣價格上漲至 3700 美元的推動下，山寨幣市場開始飆升。在過去 24 小時內，ETH 飆升了 18.8%，這可能是由於對第一個現貨以太坊 ETF 推出的預期。在山寨幣中，犬類模因幣 DOGE 表現出顯著的增長，突破了關鍵阻力位並結束了為期七週的調整，標誌著市場動態的潛在轉變。

DOGE Breaks Resistance Amid Market Recovery, Eyes 35% Rally

DOGE在市場復甦中突破阻力位，預計反彈35%

Following a prolonged downtrend, the DOGE price has finally surpassed the overhead resistance trendline after facing multiple bearish reversals. The bullish resurgence of the meme coin coincides with the broader market recovery, as the Bitcoin price has breached the $71,000 barrier.

經過長期的下跌趨勢，DOGE 價格在經歷多次看跌逆轉後終於突破了上方阻力趨勢線。隨著比特幣價格突破 71,000 美元大關，迷因幣的看漲復甦與更廣泛的市場復甦同時發生。

Over the last 24 hours, the meme coin has appreciated by 9.7%, currently trading at $0.164. This marks two consecutive bullish candles exceeding the resistance trendline, challenging the critical horizontal resistance at $0.17.

在過去 24 小時內，meme 幣升值了 9.7%，目前交易價格為 0.164 美元。這標誌著連續兩根看漲蠟燭超過了阻力趨勢線，挑戰了 0.17 美元的關鍵水平阻力位。

With the broader market recovery continuing and anticipation for the Ethereum ETF approval growing, the DOGE coin is poised to extend its bullish momentum. A breakout of the horizontal resistance at $0.17 could propel the DOGE price to its previous peak of $0.228, representing a potential 35% rally.

隨著更廣泛的市場持續復甦以及以太坊 ETF 獲得批准的預期不斷增長，DOGE 代幣有望延續其看漲勢頭。突破 0.17 美元的水平阻力位可能會推動 DOGE 價格升至先前的峰值 0.228 美元，即潛在的 35% 上漲。