Dogecoin (DOGE) Price: A Potential Breakout Amidst Selling Pressure

Dogecoin（Doge）價格：在銷售壓力的潛在突破

Despite recent price fluctuations, including a 16.62% drop over the past seven days, Dogecoin shows signs of potential recovery. This optimism stems from significant growth within the Dogecoin ecosystem.

儘管最近的價格波動，包括​​過去7天的16.62％下降，但Dogecoin顯示出潛在恢復的跡象。 這種樂觀源於多黴素生態系統內的顯著增長。

Expanding Dogecoin Network Signals Increased Adoption

擴大Dogecoin網絡信號增加了採用

On-chain analyst Ali Martinez highlights a key development: the number of new Dogecoin addresses has more than doubled in the past month, rising from 16,400 to 34,600 – a 110% increase. This surge suggests growing adoption and investor interest, despite bearish sentiment. This expansion could lead to increased trading volume and liquidity, potentially driving DOGE's price upward. However, sustained interest from new users is crucial for long-term growth.

鍊鍊分析師阿里·馬丁內斯（Ali Martinez）強調了一個關鍵的發展：在過去的一個月中，新的Dogecoin地址的數量增加了一倍以上，從16,400升至34,600 - 增長了110％。這一激增表明，儘管看跌感情，但收養和投資者的興趣越來越大。 這種擴張可能會導致交易量增加和流動性增加，這可能會推動門多格的價格上漲。 但是，新用戶的持續興趣對於長期增長至關重要。

Source: X

來源：X

Current Market Conditions

當前的市場狀況

At the time of writing, DOGE is up 3.22% in the last 24 hours, trading at $0.1719. This rebound comes as the coin attempts to break above the $0.18 resistance level. Analysts suggest that active trading is necessary for DOGE to continue its upward trajectory and retest the $0.20 level. However, trading volume remains down by 32.46% at $1.74 billion.

在寫作時，Doge在過去24小時內增長了3.22％，交易價格為0.1719美元。這種反彈是因為硬幣試圖超過0.18美元的電阻水平。 分析師認為，Doge繼續其上升軌跡並重新測試0.20美元的水平是必要的。 但是，交易量下降了32.46％，至17.4億美元。

Will Adoption Fuel a Rally or Further Losses?

採用會為集會還是進一步的損失？

A historical analysis reveals March hasn't always been kind to DOGE. Data from Cryptorank shows an average March growth of only 0.07% over the past 11 years. In six of those years, March ended negatively for DOGE, with the largest loss being 53.3% in 2018. Significant losses were also recorded in 2014 (52.9%), 2015 (13.3%), and 2020 (18.9%). Conversely, 2024 saw an impressive 87.5% increase, closing March at a record high of $0.22.

一項歷史分析表明，三月並不總是很友善。來自Cryptorank的數據顯示，在過去的11年中，平均三月增長僅為0.07％。 在那些年的六年中，三月的總結為否定，2018年最大的損失為53.3％。2014年還記錄了重大損失（2015年52.9％），2015年（13.3％）和2020年（18.9％）。 相反，2024年增長了87.5％，3月份以創紀錄的高度為0.22美元。

Dogecoin Price Chart

Dogecoin價格圖

Positive years for DOGE in March include 2017 (59.6% gain) and 2021 (11.1% gain). With approximately 18 days remaining in March 2025, DOGE is currently down 17.2%. Continued negative performance could solidify a bearish trend unless a significant shift occurs.

Doge在3月的積極年份包括2017年（增長59.6％）和2021年（增長率為11.1％）。 2025年3月剩下約18天，Doge目前下跌了17.2％。 除非發生重大變化，否則持續的負面性能可以鞏固看跌趨勢。

Key Levels to Watch for a Potential Breakout

關注潛在突破的關鍵水平

Market analysts offer varying perspectives on DOGE's future price movement. While the historical March performance and current volatility present challenges, the recent rebound from the $0.14 support level offers a glimmer of hope. A sustained buying pressure is considered necessary to push DOGE past the $0.20 mark. Technical analysis indicates DOGE is approaching the 0.702 and 0.786 Fibonacci retracement levels; breaking above these levels could trigger a strong bullish trend.

市場分析師對Doge的未來價格變動提供了不同的觀點。 儘管歷史性的三月表現和當前波動率帶來了挑戰，但最近從0.14美元的支持水平的反彈帶來了希望。 持續的購買壓力被認為需要將門將超過$ 0.20。 技術分析表明，Doge接近0.702和0.786斐波那契回縮水平。超越這些水平可能會引發強烈的看漲趨勢。

The post Dogecoin Price Eyes Breakout as New DOGE Addresses Soar 110% appeared first on The Coin Republic.

隨著新的Doge解決SOAR 110％的首次出現在硬幣共和國，Dodecoin Price Price的眼睛突破。