The Dogecoin price has been trending sideways on low timeframes, but the cryptocurrency might be gearing up for a massive rally. The bull run across the nascent sector has been unkind to the king of the memecoins, but an analyst pointed at a potential change in direction towards a fresh all-time high.

狗狗幣價格在較短的時間內一直呈現橫盤趨勢，但這種加密貨幣可能正在為大規模反彈做好準備。新興產業的多頭市場對迷因幣之王來說並不友善，但分析師指出，可能會朝著新的歷史高點方向改變。

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As of this writing, DOGE has stalled at its current levels with a 2% loss over the past 24 hours. Over the previous seven days, the token has recorded similar performance, but it remains green on the 2-week and 30-day horizon.

截至撰寫本文時，DOGE 已停滯在當前水平，在過去 24 小時內下跌了 2%。在過去的 7 天裡，該代幣也記錄了類似的表現，但在 2 週和 30 天的範圍內仍保持綠色。

DOGE 的價格在日線圖上呈現上漲趨勢。來源：Tradingview 上的 DOGEUSDT

Dogecoin Price Aims For The Moon? 23,000% Rally Possible

狗狗幣價格瞄準月球？ 23,000% 反彈的可能性

According to analyst Ali Martinez, the Dogecoin price is moving with previous bullish trends. Despite the low timeframe bearish momentum, the king of the memecoins could record a new massive rally above its current all-time high near the $0.80 level.

分析師阿里馬丁內斯 (Ali Martinez) 表示，狗狗幣價格正在與先前的看漲趨勢保持一致。儘管看跌勢頭較低，但 memecoin 之王可能會創下新的大幅反彈，突破目前接近 0.80 美元的歷史高點。

As seen in the chart below, the Dogecoin price experiences a sideways trend, which can extend to 679 days before exploding into a new all-time high. On DOGE’s weekly chart, the token records profits of 8,000% and 23,000% each time this happens.

如下圖所示，狗狗幣價格經歷橫盤趨勢，這種趨勢可以延續至 679 天，然後才突破歷史新高。在 DOGE 的每週圖表上，每次發生這種情況時，代幣都會記錄 8,000% 和 23,000% 的利潤。

In late 2017, when the price of Bitcoin rose to $20,000, the Dogecoin price followed and broke the 679-day sideways trend with an 8,700% rally. In 2021, the memecoin experienced a similar breakout but with an even bigger rally.

2017年底，當比特幣價格升至20,000美元時，狗狗幣價格緊隨其後，以8,700%的漲幅打破了679天的橫盤趨勢。 2021 年，memecoin 經歷了類似的突破，但漲幅更大。

DOGE的價格即將迎來新一輪上漲？資料來源：阿里馬丁內斯

As the chart shows, Dogecoin might see an even bigger rally above $1 and $3 if this potential rally materializes. This price action is supported by DOGE’s capacity to move more aggressively to the upside every time it breaks the long sideways trend.

如圖表所示，如果這種潛在的反彈成為現實，狗狗幣可能會出現更大的反彈，突破 1 美元和 3 美元。這種價格走勢得到了狗狗幣每次突破長期橫盤趨勢時更積極上行的能力的支持。

The analyst stated:

該分析師表示：

The price action of #Dogecoin appears to mirror patterns observed in its past bull markets. If history repeats itself, we could see $DOGE enter a parabolic breakout around April!

#Dogecoin 的價格走勢似乎反映了過去牛市中觀察到的模式。如果歷史重演，我們可能會看到 $DOGE 在四月左右進入拋物線突破！

DOGE Price On The Short-Term

DOGE 短期價格

On low timeframes, the $0.10 level is critical resistance for the token to fulfill its bullish potential. NewsBTC reported that the cryptocurrency hints at a potential breakout, but DOGE must recover the $0.0914 area before scoring further gains.

在較低的時間範圍內，0.10 美元的水平是該代幣發揮其看漲潛力的關鍵阻力。 NewsBTC 報導稱，加密貨幣暗示有潛在突破，但 DOGE 必須收復 0.0914 美元區域才能進一步上漲。

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This week, the crypto market might see opposition from macroeconomic developments, which could spark volatility. If the Dogecoin price can hold its ground, the possibility of a bull run will gain further momentum.

本週，加密貨幣市場可能會遇到宏觀經濟發展的阻力，這可能會引發波動。如果狗狗幣價格能夠堅守陣地，多頭市場的可能性將獲得進一步的動力。

Cover image from Dall-E, chart from Tradingview

封面圖片來自 Dall-E，圖表來自 Tradingview

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