Meme cryptocurrency Dogecoin (DOGE) has seized upon the ongoing market rally, breaching key resistance levels as it sets its sights on the coveted $1 mark.
Meme 加密貨幣狗狗幣 (DOGE) 抓住了持續的市場反彈,突破了關鍵阻力位,瞄準了令人垂涎的 1 美元大關。
In the wake of Dogecoin’s recent price surge, the meme coin is rapidly closing in on XRP in terms of market capitalization. As of press time, the market cap of the two cryptocurrencies shows a difference of nearly $4 billion, with XRP standing at $32.98 billion and DOGE at $29.98 billion.
隨著狗狗幣最近價格飆升,這種迷因幣的市值正迅速接近瑞波幣。截至發稿,兩種加密貨幣的市值相差近 40 億美元,其中 XRP 為 329.8 億美元,DOGE 為 299.8 億美元。
The question arises: does Dogecoin have the potential to surpass XRP’s market capitalization? This achievement will primarily hinge on Dogecoin’s price movements.
問題來了:狗狗幣是否有潛力超越 XRP 的市值?這項成就將主要取決於狗狗幣的價格走勢。
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price-prediction-nbsp">Dogecoin price prediction
價格-預測-nbsp">狗狗幣價格預測
It’s worth noting that Dogecoin is currently trading above the critical $0.20 level, which has become a crucial support zone. Consequently, the coin’s ability to sustain its price above this point could pave the way for reaching the $0.30 mark. Indeed, Dogecoin has demonstrated potential for a rally, having doubled in price in 2024 alone.
值得注意的是,狗狗幣目前的交易價格高於關鍵的 0.20 美元水平,該水平已成為關鍵的支撐區域。因此,該代幣將其價格維持在該點之上的能力可能為達到 0.30 美元大關鋪平道路。事實上,狗狗幣已經展現了上漲的潛力,光是 2024 年價格就翻了一番。
On the daily chart, Dogecoin has established notable resistance at $0.22. If DOGE manages to breach this resistance, it could potentially maintain its upward momentum toward the $0.30 psychological level. Such a price position would likely see the coin’s market cap surpass the $30 billion mark.
日線圖上,狗狗幣已在 0.22 美元處建立了顯著阻力。如果 DOGE 成功突破這一阻力位,它可能會保持向 0.30 美元心理水平的上漲勢頭。這樣的價格定位可能會使代幣的市值突破 300 億美元大關。
In this regard, crypto analyst Rekt Capital suggested that Dogecoin is currently undergoing a retesting phase at the $0.20 level on the monthly timeframe. He pointed out a recent downside wick observed on the monthly chart, indicating a retest of the bull flag pattern on the weekly timeframe.
在這方面,加密貨幣分析師 Rekt Capital 表示,狗狗幣目前正在按月時間範圍進行 0.20 美元水準的重新測試階段。他指出最近在月度圖表上觀察到的下行燈芯,顯示在每週時間框架上重新測試牛旗模式。
Despite fluctuations in price, the expert asserted that Dogecoin appears to be following its established plan, as indicated by its adherence to technical patterns and key support levels.
儘管價格波動,但專家斷言,狗狗幣似乎正在遵循其既定計劃,正如其遵守技術模式和關鍵支撐位所表明的那樣。
Dogecoin vs XRP fundamentals
狗狗幣 vs XRP 基本面
Furthermore, other factors are poised to contribute to Dogecoin’s price movement, including its expanding acceptance as a payment method and robust community-driven initiatives. Moreover, ongoing support from influential figures such as Tesla (NASDAQ: TSLA) CEO Elon Musk is expected to play a pivotal role in the token’s trajectory.
此外,其他因素也可能影響狗狗幣的價格走勢,包括其作為支付方式的接受度不斷提高以及社區驅動的舉措。此外,特斯拉(納斯達克股票代碼:TSLA)執行長馬斯克等有影響力人物的持續支持預計將在該代幣的發展軌跡中發揮關鍵作用。
Comparatively, Dogecoin’s history suggests its potential to rally alongside market momentum, particularly as XRP has largely consolidated below the $0.70 mark despite the ongoing rally. The market’s reaction to the upcoming Bitcoin (BTC) halving will be crucial, considering its historically bullish impact.
相比之下,狗狗幣的歷史表明,它有可能隨著市場勢頭而上漲,特別是因為儘管 XRP 仍在上漲,但它已基本鞏固在 0.70 美元以下。考慮到比特幣歷史上看漲的影響,市場對即將到來的比特幣減半的反應將至關重要。
However, skeptics argue that Dogecoin’s valuation is predominantly speculative and driven by hype, lacking the fundamental utility and technological innovation inherent in other cryptocurrencies like XRP. Additionally, concerns persist regarding the long-term sustainability of Dogecoin’s price surge, with critics warning of heightened volatility.
然而,懷疑論者認為,狗狗幣的估值主要是投機性的,是由炒作驅動的,缺乏 XRP 等其他加密貨幣固有的基本實用性和技術創新。此外,人們對狗狗幣價格飆升的長期可持續性的擔憂依然存在,批評者警告波動性加劇。
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
免責聲明:本網站上的內容不應被視為投資建議。投資是投機性的。投資時,您的資本面臨風險。
Source: https://thebittimes.com/dogecoin-price-prediction-can-doge-flip-xrp-s-market-cap-tbt84737.html
資料來源:https://thebittimes.com/dogecoin-price-prediction-can-doge-flip-xrp-s-market-cap-tbt84737.html