The Dogecoin price witnessed a roller coaster ride in the first week of April. The new correction initiated at $0.228 high triggered a 25% drop to $0.167 before reverting to the $0.2 mark. With Bitcoin halving around the corner, this healthy retracement could bolster DOGE’s price to renew its recovery trend.

狗狗幣的價格在四月的第一周見證了過山車般的走勢。從 0.228 美元高點開始的新一輪調整引發了 25% 的下跌，至 0.167 美元，然後又回到 0.2 美元大關。隨著比特幣減半即將到來，這種健康的回檔可能會提振 DOGE 的價格，以恢復其復甦趨勢。

Also Read: Dogecoin Price Rebounds For $1 As Whale Buys Huge 200M DOGE

另請閱讀：鯨魚購買大量 2 億 DOGE，狗狗幣價格反彈 1 美元

Dogecoin in the Spotlight with Surging Prices and Meme Coin Market Growth

The mid-term outlook for Dogecoin (DOGE) is optimistic, as indicated by a rising trendline on the daily chart. This trendline acts as a reliable support during market corrections, signaling a solid recovery trend. 

狗狗幣因價格飆升和 Meme 幣市場成長而成為人們關注的焦點狗狗幣價格| Tradingview 狗狗幣（DOGE）的中期前景是樂觀的，日線圖上的上升趨勢線表明了這一點。該趨勢線在市場調整期間充當可靠的支撐，預示著強勁的復甦趨勢。

Following a recent correction, the DOGE price found a low at $0.17 before rallying 20% to reach $0.2. This move surpassed a key resistance level at $0.196, setting the stage for further recovery. 

經過最近的調整後，DOGE 價格跌至 0.17 美元的低點，然後上漲 20%，達到 0.2 美元。這項舉措突破了 0.196 美元的關鍵阻力位，為進一步復甦奠定了基礎。

By the press time, the current market cap of Dogecoin wavers at $28.9 Billion, holding its position among the top 10 largest cryptocurrencies.

截至發稿時，狗狗幣目前市值徘徊在 289 億美元，穩居十大加密貨幣。

If this upward momentum continues, the Dogecoin price could see a 14% increase, aiming for the $0.228 mark. A successful breach of this level would further affirm the bullish trend and set the recovery trend to hit $0.271, followed by $.3

如果這種上漲勢頭持續下去，狗狗幣價格可能會上漲 14%，目標是 0.228 美元大關。成功突破該水準將進一步確認看漲趨勢，並將復甦趨勢設定為 0.271 美元，隨後是 0.3 美元

As long as the ascending trendline remains unbroken, Dogecoin’s recovery trend is expected to continue.

只要上升趨勢線保持不被打破，狗狗幣的復甦趨勢就有望持續下去。

In a recent analytical tweet, IntoTheBlock highlighted the significant growth in the meme cryptocurrency market, noting an impressive tripling of the aggregate value in 2024. Among the notable performers, Dogecoin (DOGE) has seen its price double, while Shiba Inu (SHIB) has surged by 2.5 times. 

在最近的一條分析推文中，IntoTheBlock 強調了meme 加密貨幣市場的顯著增長，並指出到2024 年總價值將增長兩倍。在表現出色的領域中，狗狗幣(DOGE) 的價格翻了一番，而柴犬(SHIB) 的價格則翻了一番。暴漲2.5倍。

The aggregate value of meme coins has nearly tripled in 2024!

2024 年，模因幣的總價值幾乎增加了兩倍！

While DOGE has doubled in price in 2024, SHIB has increased 2.5x and PEPE nearly 5x. This memecoin season has led the valuation of memecoins to surpass $56B. pic.twitter.com/FdRykE3juD

雖然 DOGE 的價格在 2024 年上漲了一倍，但 SHIB 上漲了 2.5 倍，PEPE 上漲了近 5 倍。這個 memecoin 季節導致 memecoin 的估值超過 $56B。 pic.twitter.com/FdRykE3juD

— IntoTheBlock (@intotheblock) April 7, 2024

- IntoTheBlock (@intotheblock) 2024 年 4 月 7 日

PepeCoin has demonstrated an even more astonishing increase, quintupling in value. This collective surge has propelled the meme coin market capitalization beyond the $56 billion mark, signaling a robust meme coin season.

PepeCoin 表現出更驚人的成長，價值翻了五倍。這種集體飆升已推動模因幣市值突破 560 億美元大關，標誌著模因幣季節的強勁。

Also Read: Dogecoin Price Pumping Again As Dogecoin20 Nears Exchange Listing

另請閱讀：隨著 Dogecoin20 接近交易所上市，狗狗幣價格再次上漲

Technical Indicator

• Exponential Moving Average: The 50-day EMA acts as additional pullback support for buyers, while the uptick indicates the buyers are active in the current market.
• Relative Strength Index: The daily RSI rebound from 50% indicates a positive market sentiment returning to this asset.

技術指標指數移動平均線：50日均線為買家提供了額外的回調支撐，而上漲表明買家在當前市場上很活躍。相對強弱指數：每日RSI從50%反彈表明積極的市場情緒回到了這一點資產。