Dogecoin Price: The crypto market is wavering in uncertainty as Bitcoin price struggles to sustain a reversal from $60000. The overhead supply has limited growth in several of the major altcoins but not Dogecoin. The Dog-themed has recently rebounded from the 61.8% Fibonacci retracement level and has surged nearly 40% in 4 days to current trade at $0.17. Will this momentum persist to surpass $0.22?

狗狗幣價格：由於比特幣價格難以維持 60,000 美元的逆轉，加密貨幣市場在不確定性中搖擺不定。管理費用供應限制了幾種主要山寨幣的成長，但狗狗幣卻沒有。以狗為主題的貨幣最近從 61.8% 斐波那契回撤位反彈，並在 4 天內飆升近 40%，目前交易價為 0.17 美元。這種勢頭會持續超過 0.22 美元嗎？

Also Read: 3 Lesser Known Dogecoin ‘Killers’ To Buy As Cryptos Cascade In March

另請閱讀：3 月將作為加密貨幣級聯購買的 3 個鮮為人知的狗狗幣“殺手”

Musk’s X Payments Expansion Fuels Dogecoin Price Surge Towards Key Breakout

An analysis of the daily time frame shows the Dogecoin price correction is strictly resonating between two converging trendlines, which hints at the formation of a pennant pattern. This chart setup is often spotted between an established uptrend as it signals occasional pullback for buyers to regain strength.

馬斯克的 X 支付擴張推動狗狗幣價格飆升至關鍵突破狗狗幣價格| Tradingvieww 對每日時間框架的分析顯示，狗狗幣價格調整在兩條聚合趨勢線之間嚴格共振，這暗示三角旗模式的形成。這種圖表設定經常出現在既定的上升趨勢之間，因為它表明買家偶爾會回調以恢復力量。

During the mid-week, the DOGE price witnessed a notable inflow which resulted in a recovery leap from $0.122 to $0.177. This upswing is likely influenced by the progress in Elon Musk’s financial service X Payments, which has successfully expanded its operational footprint by obtaining money transmission licenses in Illinois, New Mexico, and Oregon. 

周中，DOGE 價格出現顯著資金流入，從 0.122 美元反彈至 0.177 美元。這種上升可能受到馬斯克的金融服務 X Payments 進展的影響，該服務透過在伊利諾伊州、新墨西哥州和俄勒岡州獲得貨幣傳輸許可證，成功擴大了其營運足跡。

The acquisition of these licenses has sparked renewed discussions about the potential for incorporating cryptocurrencies like Dogecoin (DOGE) into the social network’s ecosystem.

這些許可證的獲得引發了關於將狗狗幣（DOGE）等加密貨幣納入社交網路生態系統的潛力的新討論。

With an intraday gain of 11.6%, the DOGE price is likely to challenge the pennant pattern’s upper trendline. A breakout above the structure would signal the resumption of recovery by providing buyers with suitable support. 

DOGE 價格盤中漲幅為 11.6%，可能會挑戰三角旗形態的上方趨勢線。突破該結構將標誌著復甦的恢復，為買家提供適當的支援。

The post-breakout rally may push the Dogecoin price 46% higher to hit $0.26, registering a potential gain of 48.6.%. 

突破後的反彈可能會推動狗狗幣價格上漲 46%，達到 0.26 美元，潛在漲幅為 48.6%。

Also Read: Dogecoin Price Rallies As DOGE Whale Transactions Surge 600% in a Month.

另請閱讀：隨著 DOGE Whale 交易在一個月內飆升 600%，狗狗幣價格上漲。

Technical Indicator

• Bollinger Band: A squeezed range of Bollinger Band indicators reflects increasing volatility in this asset.
• Relative Strength Index: The daily slope above 50% reflects the buyers continue to have an upper hand over sellers.

技術指標布林通道：布林通道指標的壓縮範圍反映了該資產的波動性增加。相對強度指數：日斜率超過 50% 反映買家繼續比賣家佔上風。