Dogecoin's Bullish Surge Propels It to Top Six Cryptocurrencies

狗狗幣的看漲飆升使其躋身六大加密貨幣之列

Dogecoin's price surged by 28% in the past 24 hours, reaching $0.2922 as of 11:43 p.m. EST. Trading volume also skyrocketed by 197% to $17.54 billion.

狗狗幣的價格在過去 24 小時內飆升 28%，截至晚上 11:43 達到 0.2922 美元。美國東部時間。交易量也激增 197% 至 175.4 億美元。

This rally pushed Dogecoin past XRP and USDC in market capitalization, making it the sixth-largest cryptocurrency with a value of $41 billion.

這次反彈推動狗狗幣市值超過 XRP 和 USDC，成為第六大加密貨幣，價值 410 億美元。

Sustained Bullish Rally for Dogecoin

狗狗幣持續看漲反彈

Dogecoin's recent price action exhibits a strong uptrend, marked by a parabolic rise from below $0.15 to around $0.29.

狗狗幣最近的價格走勢呈現出強勁的上升趨勢，從低於 0.15 美元到 0.29 美元左右呈拋物線式上漲。

Technical indicators support the bullish momentum:

技術指標支持看漲勢頭：

• A "cup and handle" pattern suggests further price appreciation.
• The 50-day and 200-day Simple Moving Averages (SMAs) are both below the current price, indicating a sustained rally.
• The Relative Strength Index (RSI) of 87 suggests extremely high buying momentum, although overbought conditions may lead to short-term corrections.
• The Moving Average Convergence Divergence (MACD) is bullish, with the blue line above the orange signal line.

DOGE Price Prediction

「杯柄」形態顯示價格進一步上漲。儘管超買狀況可能導致短期調整。

Technical analysis indicates that bulls are in control, potentially pushing Dogecoin's price to $0.35 and eventually $1.

技術分析表明，多頭佔據主導地位，有可能將狗狗幣的價格推至 0.35 美元，最終升至 1 美元。

However, a potential pullback may find support near the 50-day MA at $0.1416.

然而，潛在的回調可能會在 50 日均線 0.1416 美元附近找到支撐。