DOGE, the native cryptocurrency of the Dogecoin network, has experienced a recent price increase, trading at $0.1266 as of now. This surge of 3.01% over the past 24 hours can be attributed to increased interest and activity in the Dogecoin market, driven by social media influence and endorsements from prominent figures. These factors have historically played a significant role in fueling Dogecoin's growth.

DOGE 是狗狗幣網路的原生加密貨幣，最近價格上漲，目前交易價格為 0.1266 美元。過去 24 小時內飆升 3.01% 的原因是，在社群媒體影響力和知名人士的認可的推動下，狗狗幣市場的興趣和活動不斷增加。從歷史上看，這些因素在推動狗狗幣的成長方面發揮了重要作用。

This positive market activity suggests that Dogecoin is poised for further price increases. Bullish investors are rallying to defend a critical support level, which could lead to a potential increase if Dogecoin maintains its current support.

這種積極的市場活動表明狗狗幣的價格有望進一步上漲。看漲的投資者正在集會捍衛關鍵支撐位，如果狗狗幣維持當前支撐位，可能會導致價格上漲。

Technical Analysis and Support Levels

技術分析與支撐位

Dogecoin (DOGE) is displaying signs of potential bullish momentum as it stabilizes around a critical support level at the 200-week Exponential Moving Average (EMA), which is approximately $0.118. The EMA serves as a crucial technical indicator and support zone, influencing future price movements.

狗狗幣 (DOGE) 顯示出潛在看漲勢頭的跡象，因為它穩定在 200 週指數移動平均線 (EMA) 的關鍵支撐位附近，該支撐位約為 0.118 美元。 EMA 作為重要的技術指標和支撐區域，影響未來的價格趨勢。

Dogecoin has experienced a significant surge in open interest, increasing by over 5% in the past 24 hours, reaching a valuation of $544.9 million. This growth indicates potential for further upward movement. Strengthening confidence in Dogecoin's upward trajectory, such a development could lead to sustained growth.

狗狗幣的未平倉合約大幅增加，在過去 24 小時內增加了 5% 以上，估值達到 5.449 億美元。這種增長表明有進一步上升的潛力。這種發展增強了人們對狗狗幣上升軌蹟的信心，可能會帶來持續成長。

Furthermore, if Dogecoin continues to hold above the $0.114 support level, it could trigger a rally of over 10%, pushing the price up to the $0.140 region. This target price range represents a 50% price retracement level from the range of $0.055 to $0.228, observed between August 2023 and March 2024. Achieving this level would reinforce the bullish trend and potentially attract more investors, further driving the price upwards.

此外，如果狗狗幣繼續保持在 0.114 美元的支撐位上方，可能會引發超過 10% 的反彈，將價格推高至 0.140 美元區域。此目標價格範圍代表2023 年8 月至2024 年3 月觀察到的0.055 美元至0.228 美元範圍內的50% 價格回撤水準。推動價格上漲。

Momentum Indicators and On-Chain Metrics

動量指標和鏈上指標