Dogecoin price analysis: DOGE, the meme-inspired cryptocurrency, recently witnessed a significant uptick in its valuation. Over the last week, it managed to break through the $0.087 support level. This surge has pushed the Dogecoin price to $0.0871, representing a promising increase of over 2% in the past day. Such a shift suggests a growing positive sentiment within the DOGE market.

狗狗幣價格分析：DOGE是一種受迷因啟發的加密貨幣，最近其估值大幅上漲。上週，它成功突破了 0.087 美元的支撐。此次飆漲將狗狗幣價格推至 0.0871 美元，過去一天可望上漲 2% 以上。這種轉變顯示 DOGE 市場的正面情緒日益增長。

Dogecoin Price Analysis: Gains Continue Amid Bullish Market Sentiment

狗狗幣價格分析：在看漲的市場情緒中持續上漲

In the previous trading sessions, DOGE price began its ascent from a support base of $0.082. DOGE overcame resistance near $0.0850, entering a bullish phase. Currently, Dogecoin fluctuates between $0.080 and $0.08200. This pattern indicates a steady bullish momentum, pointing to an optimistic short-term outlook.

在先前的交易日中，DOGE 價格從 0.082 美元的支撐位開始上漲。 DOGE克服了0.0850美元附近的阻力，進入看漲階段。目前，狗狗幣在 0.080 美元至 0.08200 美元之間波動。這種模式顯示了穩定的看漲勢頭，顯示短期前景樂觀。

狗狗幣價格分析

This upward trend has contributed to a growth of more than 7% over the week. The cryptocurrency market overall is experiencing a bullish phase. Bitcoin has crossed the $51k mark, and Ethereum has reached beyond $2,900. Dogecoin has been on an upward trajectory for the past month, showing a gain of more than 10%. This aligns with the predominantly green performance seen across the cryptocurrency board.

這種上升趨勢促成了本週超過 7% 的成長。加密貨幣市場總體上正在經歷看漲階段。比特幣已突破 51,000 美元大關，以太幣已突破 2,900 美元。狗狗幣在過去一個月一直呈現上升趨勢，漲幅超過 10%。這與整個加密貨幣董事會以綠色為主的表現是一致的。

The meme coin recently experienced a 127% increase in its trading volume, hitting $897 million. Dogecoin price now holds the 11th position in terms of market capitalization, with its value estimated at approximately $11.57 billion. 

最近，Meme 幣的交易量成長了 127%，達到 8.97 億美元。就市值而言，狗狗幣目前排名第 11 位，其價值估計約為 115.7 億美元。

Dogecoin Price Analysis: Whale Activities and Market Dynamics

狗狗幣價格分析：鯨魚活動與市場動態

In the past few days, Dogecoin has seen a revitalization in its market activity. This boost is largely due to an impressive jump in trading volume, which has exceeded the $1 billion mark. This surge is attributed to significant trades by large-scale investors, often referred to as whales.

在過去的幾天裡，狗狗幣的市場活動出現了復甦。這一成長很大程度上歸功於交易量的大幅躍升，交易量已突破 10 億美元大關。這種激增歸因於大型投資者（通常被稱為鯨魚）的大量交易。

Dogecoin has processed more than 1M transactions every day since the 30th of January! pic.twitter.com/dpj83QLQr2

自 1 月 30 日以來，狗狗幣每天處理超過 100 萬筆交易！ pic.twitter.com/dpj83QLQr2

— IntoTheBlock (@intotheblock) February 19, 2024

- IntoTheBlock (@intotheblock) 2024 年 2 月 19 日

Data from the decentralized finance (DeFi) analytics platform IntoTheBlock, shared in an X post dated February 19, reveals that since January 30 and throughout February, the DOGE blockchain has consistently processed more than 1 million transactions daily. This heightened activity underscores the increasing interest and engagement with Dogecoin within the cryptocurrency community.

2 月 19 日發布的 X 貼文中分享的去中心化金融 (DeFi) 分析平台 IntoTheBlock 的數據顯示，自 1 月 30 日到整個 2 月，DOGE 區塊鏈每天持續處理超過 100 萬筆交易。這種活躍程度凸顯了加密貨幣社群內對狗狗幣日益增長的興趣和參與。

Dogecoin Momentum: Technical Indicators and Future Outlook

狗狗幣勢頭：技術指標與未來展望

Dogecoin is currently navigating through key resistance and support levels in the market. The cryptocurrency encounters its first resistance at approximately $0.089. If it breaks through, it faces another significant barrier at $0.095. Surpassing this level could propel Dogecoin towards the $0.098 mark, with the $0.100 threshold not far behind. A continued upward trajectory could potentially elevate its price to $0.120.

狗狗幣目前正在市場上穿越關鍵阻力位和支撐位。該加密貨幣在約 0.089 美元處遇到第一個阻力。如果突破，則將面臨另一個重大障礙：0.0​​95 美元。超過這一水平可能會將狗狗幣推向 0.098 美元大關，而 0.100 美元的門檻也緊隨其後。持續上漲的軌跡可能會將其價格提升至 0.120 美元。

Conversely, a corrective downward movement might ensue if Dogecoin fails to maintain momentum beyond the $0.090 level. The first level of support in such a scenario lies near the $0.0860 mark.

相反，如果狗狗幣未能維持超過 0.090 美元水平的勢頭，則可能會出現修正性下行走勢。在這種情況下，第一個支撐位位於 0.0860 美元附近。

狗狗幣價格圖表：Tradingview

The latest technical indicators suggest a bullish outlook for Dogecoin. The Moving Average Convergence Divergence (MACD) for DOGE/USD showcases a bullish crossover, with the signal line positioned above the MACD line, indicating a strong buying interest. The Average Directional Index (ADX) stands at 15, indicating a forthcoming price increase. The Relative Strength Index (RSI) for DOGE/USD hovers above 50, suggesting a neutral market condition.

最新的技術指標顯示狗狗幣的前景看漲。 DOGE/USD 的移動平均線收斂分歧 (MACD) 顯示看漲交叉，訊號線位於 MACD 線上方，顯示強勁的買盤興趣。平均方向指數 (ADX) 為 15，表示價格即將上漲。 DOGE/USD 的相對強弱指數 (RSI) 徘徊在 50 以上，顯示市場狀況中立。

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CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

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The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

所呈現的內容可能包含作者的個人意見，並受市場狀況的影響。在投資加密貨幣之前先進行市場研究。作者或出版物對您的個人財務損失不承擔任何責任。