After a 208% breakout in early November, Dogecoin (DOGE) has consolidated within a tight range between $0.35 and $0.48 for four weeks. DOGE's recent price correction led to a breakout below an ascending trendline, indicating a potential bearish trend shift.

在 11 月初突破 208% 後，狗狗幣 (DOGE) 在 0.35 美元至 0.48 美元之間的窄幅區間內盤整了四個星期。 DOGE 最近的價格調整導致其突破上升趨勢線，顯示潛在的看跌趨勢轉變。

However, one analyst pointed out that Dogecoin could be on the brink of another uptrend based on a key technical indicator and a repetitive setup from March 2024.

然而，一位分析師指出，基於關鍵技術指標和 2024 年 3 月以來的重複設置，狗狗幣可能正處於另一次上升趨勢的邊緣。

Dogecoin Uptrend Could Happen "Any Time"

狗狗幣的上升趨勢可能「隨時」發生

Despite a 16% decline this week, Trader Tardigrade, a crypto pattern analyst, pointed out that Dogecoin's strong overbought signal of the daily RSI has been reset.

儘管本週下跌了 16%，但加密貨幣模式分析師 Trader Tardigrade 指出，狗狗幣每日 RSI 的強烈超買訊號已被重置。

An overbought condition on the relative strength index (RSI) indicates the possibility of traders selling the crypto asset, which can cause a short-term decline in value.

相對強弱指數（RSI）的超買狀況表明交易者有可能出售加密資產，這可能會導致價值短期下跌。

[Image: Dogecoin analysis by Trader Tardigrade]

[圖片：Trader Tardigrade的Dogecoin分析]

Previously, when the RSI's overbought condition "eased back" to 50 in March 2024, a strong uptrend was observed on its daily chart. Based on the chart, the analyst hinted that a breakout above $0.50 over the next few days could happen "at any time."

此前，當 RSI 超買狀況在 2024 年 3 月「回落」至 50 時，日線圖上觀察到強勁的上升趨勢。根據該圖表，分析師暗示未來幾天突破 0.50 美元的突破可能「隨時」發生。

Data from Santiment, a data analytics platform, also mentioned that DOGE's "mean dollar invested age" is flashing a bullish signal. The mean age of investment is down 31% in eight weeks for the crypto asset, indicating that dormant coins are returning to circulation. With respect to bullish momentum, the platform mentioned in an X post,

來自數據分析平台Santiment的數據也提到，Doge的“平均美元投資年齡”正在閃爍看漲信號。加密資產的平均投資年齡在八週內下降了31％，表明休眠硬幣正在恢復流通。關於看漲勢頭，X帖子中提到的平台，

"The 2017 and 2021 bull markets similarly did not come to a halt until assets' mean ages started going 'up' (getting older) again."

「2017 年和 2021 年的牛市同樣沒有停止，直到資產的平均年齡再次開始‘上升’（變老）。”

DOGE Could See a Liquidity Swipe Between $0.32 to $0.34

DOGE 的流動性可能會在 0.32 美元至 0.34 美元之間波動

While the long-term trend remains bullish, Dogecoin can drop to collect liquidity between $0.32 and $0.34 before exhibiting a higher high value. As observed, DOGE's recent lows at $0.365 were swiped on Nov. 26, but further liquidity lows remain around $0.34 and $0.32.

儘管長期趨勢仍然看漲，但在表現出更高的高價值之前，Dogecoin可以下降以收集0.32至0.34美元的流動性。如觀察到的那樣，Doge最近的低點（0.365美元）於11月26日刷新，但進一步的流動性低點仍左右$ 0.34和0.32美元。

[Image: Dogecoin 1-day chart side-by-side analysis]

[圖片：Dogecoin 1天圖並排分析]

The important observation is that RSI eased back to 50 during the same time (as illustrated above) as the 50-day EMA was tested. Other similar confluences include the daily bearish engulfing pattern and ascending trendline breakout below, underlying the strong similarity of the past and present setup.

重要的觀察結果是，與50天EMA的測試相同，RSI在同一時間（如上圖所示）的同時恢復了50個。其他類似的融合包括下面的日常看跌吞噬模式和上升趨勢線突破，這是過去和現在設置的強烈相似性。

Thus, a retest of the 50-day EMA and a drop to $0.34 and $0.32 can occur before its next bullish leg up.

因此，在下一次看漲上漲之前，可能會重新測試 50 日均線並跌至 0.34 美元和 0.32 美元。

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

本文不包含投資建議或建議。每個投資和交易舉動都涉及風險，讀者在做出決定時應進行自己的研究。