The growth of Dogecoin has lagged this year, but the meme coin recently went on a rally in the last week, hitting four-month highs. The question that still has to be answered is whether or not the cryptocurrency can maintain its momentum and continue to rocket forward. 

狗狗幣今年的成長落後，但最近一周，狗狗幣出現反彈，觸及四個月高點。仍需要回答的問題是加密貨幣能否保持動力並繼續飆升。

DOGE started as a meme token but has grown to become an outlier among cryptocurrencies in the past few years. Despite posting a double-digit percent rise in price, the crypto saw itself lagging behind during the late October and early November gains when the majority of cryptocurrencies recovered from the long bearish market of the first half of the year. 

DOGE 最初是一種模因代幣，但在過去幾年中已成長為加密貨幣中的異類。儘管價格上漲了兩位數，但在 10 月底和 11 月初，當大多數加密貨幣從上半年的長期看跌市場中恢復過來時，加密貨幣的漲幅仍然落後。

Dogecoin Price Rallies To 4-Month Highs

狗狗幣價格上漲至 4 個月高點

After reaching its monthly low of $0.0565 in October, Doge experienced a gain of 21%, and then it experienced a gain of 22% in November, resulting in the formation of two consecutive monthly green candles for the first time since October 2022. The crypto has continued on this trajectory, and its price has increased by 9.1% in the past seven days, one of the best gains among top cryptocurrencies. This recent price gain saw DOGE reach $0.08715, its highest level since April 2023. 

在 10 月觸及 0.0565 美元的月度低點後，Doge 上漲了 21%，然後在 11 月上漲了 22%，導致自 2022 年 10 月以來首次形成連續兩個月的綠色蠟燭。繼續沿著這一軌跡發展，其價格在過去7 天內上漲了9.1%，是頂級加密貨幣中漲幅最大的之一。最近的價格上漲使 DOGE 達到 0.08715 美元，這是自 2023 年 4 月以來的最高水準。

DOGE trading volume on various exchanges is up by 30.7% in the past 24 hours. At the same time, exchange data from IntoTheBlock’s Order Books metrics reveal an interesting current overview of the power struggle between bulls and bears. According to the trading books 14 crypto exchanges tracked by IntoTheBlock, the bulls look to have the upper edge at the moment. 

過去24小時內，各交易所DOGE交易量成長了30.7%。同時，來自 IntoTheBlock 訂單簿指標的交易數據揭示了當前多頭和空頭之間權力鬥爭的有趣概述。根據 IntoTheBlock 追蹤的 14 家加密貨幣交易所的交易簿顯示，多頭目前看起來佔上風。

At the time of writing, buyers have placed buy orders of 901.7 million DOGE at an average price of $0.085112. Meanwhile, sellers have only put up 848.13 million DOGE for sale at an average price of $0.085137. This interesting dynamic indicates that there are considerably more buyers than sellers, which could create scarcity and continue to drive the price up.

截至撰寫本文時，買家已以 0.085112 美元的平均價格下了 9.017 億個 DOGE 的買入訂單。同時，賣家僅以 0.085137 美元的平均價格出售 84,813 萬個 DOGE。這一有趣的動態表明買家數量遠多於賣家，這可能會造成稀缺並繼續推高價格。

Can Bulls Take DOGE Above $0.3? 

多頭能否將 DOGE 推至 0.3 美元上方？

In light of the price surge and some on-chain metrics, data suggests that the crypto might be on its way to a sustained price increase. DOGE immediately bounced off what seems like a resistance at the $0.08715 level and is currently trading at $0.08515. Although DOGE is up by 21% since the beginning of the year, it is 13% down from December 3, 2022. 

鑑於價格飆升和一些鏈上指標，數據表明加密貨幣可能正在走向持續的價格上漲。 DOGE 立即從 0.08715 美元的阻力位反彈，目前交易價格為 0.08515 美元。儘管DOGE自年初以來上漲了21%，但較2022年12月3日下跌了13%。

DOGE went on a spectacular 525% run the last time it closed two consecutive monthly green candles. If history repeats itself, the crypto could shoot past $0.55 in the coming months. The first step would be to move back up and maintain a strong break above the resistance at $0.087 on the convergence of the 0.786 Fibonacci level and the 100-week and 200-week Moving Averages. Then, the next resistance to watch would be the yearly high of $0.096 in April. 

DOGE 上次連續兩個月的綠色蠟燭收盤時，漲幅高達 525%。如果歷史重演，加密貨幣可能在未來幾個月內突破 0.55 美元。第一步是回升並在 0.786 斐波那契水平與 100 週和 200 週移動平均線收斂時保持強勢突破 0.087 美元阻力位。那麼，下一個值得關注的阻力位將是 4 月的年度高點 0.096 美元。

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來自 Shutterstock 的精選圖片