• DOGE shed its 7th April’s gains as its price moved marginally in the last 24 hours.
• Technical indicators and metrics looked bullish on the meme coin.

Dogecoin’s [DOGE] sudden pump on the 7th of April grabbed the attention of the entire crypto market as its price rose by 8% and its value touched $0.204.

DOGE 回吐了4 月7 日的漲幅，因為其價格在過去24 小時內小幅波動。技術指標和指標看起來對meme 幣看漲。Dogecoin 的[DOGE] 4 月7 日的突然上漲吸引了整個加密貨幣市場的關注，因為它的價格上漲 8%，價值觸及 0.204 美元。

However, its price plummet a mere few hours later caught investors off-guard. 

然而，僅僅幾個小時後，其價格暴跌讓投資者措手不及。

But if DOGE does manage to start, and sustain, a bull rally, what are the targets that investors should expect the meme coin to reach during this summer?  

但如果 DOGE 確實能夠啟動並維持牛市反彈，那麼投資者應該期望這款迷因幣在今年夏天達到哪些目標？

Dogecoin is volatile 

According to CoinMarketCap, DOGE’s price was up marginally in the last 24 hours. At press time, it was trading at $0.1965 with a market capitalization of over $28.2 billion, making it the eighth-largest crypto.

狗狗幣波動很大 根據 CoinMarketCap 的數據，狗狗幣的價格在過去 24 小時內小幅上漲。截至發稿時，其交易價格為 0.1965 美元，市值超過 282 億美元，成為第八大加密貨幣。

AMBCrypto’s look at IntoTheBlock’s data revealed that despite the recent volatility in price, more than 88% of Dogecoin investors were in profit.

AMBCrypto 對 IntoTheBlock 數據的分析顯示，儘管近期價格波動，但超過 88% 的狗狗幣投資者都實現了盈利。

Then, we checked Hyblock Capital’s data to see what might be the immediate next targets for DOGE if it begins a bull rally. Our analysis revealed that DOGE’s liquidation will rise sharply near the $0.208 mark.

然後，我們檢查了 Hyblock Capital 的數據，看看如果 DOGE 開始牛市反彈，其下一個目標可能是什麼。我們的分析顯示，DOGE的清算將在0.208美元關卡附近大幅上漲。

A rise in liquidation often causes a price correction. Therefore, if DOGE is to correct, it has to first reach $0.208. Going northwards, a rise in liquidation will be likely in the next possible target of $0.22.

清算的增加通常會導致價格調整。因此，如果DOGE要回調，它必須先達到0.208美元。向北走，清算量可能會增加，下一個可能的目標是 0.22 美元。

Source: Hyblock Capital

來源：Hyblock 資本

What to expect from DOGE in Q2?

AMBCrypto then planned to check the meme coin’s weekly chart to find more possible targets. As per our analysis, if a bull rally actually happens, DOGE might touch $0.349 in the coming weeks.

第二季 DOGE 會發生什麼事？AMBCrypto 隨後計劃檢查 meme 幣的周線圖，以尋找更多可能的目標。根據我們的分析，如果牛市真正發生，DOGE 可能會在未來幾週內觸及 0.349 美元。

Source: TradingView

來源：TradingView

Considering the utopian situation of DOGE sustaining its bull momentum, DOGE could hit $0.5 and then reach its all-time high of $0.7 this summer.

考慮到 DOGE 維持多頭勢頭的烏托邦情況，DOGE 可能會在今年夏天觸及 0.5 美元，然後達到 0.7 美元的歷史新高。

Such bullish momentum can also result in DOGE pushing its limit and reaching a new ATH of $1.

這種看漲勢頭也可能導致 DOGE 突破極限並達到 1 美元的新 ATH。

Since the $1 target seems ambitious, AMBCrypto analyzed DOGE’s technical indicators to find out what to expect from the meme coin in the short term.

由於 1 美元的目標似乎雄心勃勃，AMBCrypto 分析了 DOGE 的技術指標，以了解短期內對 meme 硬幣的期望。

As per our analysis, the Relative Strength Index (RSI) was resting above the neutral mark. The MACD also displayed the possibility of a bullish crossover soon, hinting at a bull rally.

根據我們的分析，相對強弱指數（RSI）位於中性線之上。 MACD 也顯示出很快出現看漲交叉的可能性，暗示牛市反彈。

Source: TradingView

來源：TradingView

Read Dogecoin’s [DOGE] Price Prediction 2024-25

閱讀狗狗幣的 [DOGE] 2024-25 價格預測

Apart from technical indicators, investors’ confidence in the meme coin also seemed pretty high. This was evident from the rise in Weighted Sentiment, which indicated that bullish sentiment was high.

除了技術指標外，投資人對迷因幣的信心似乎也相當高。這從加權情緒的上升中可以明顯看出，這表明看漲情緒很高。

If DOGE’s trajectory continues unabated, then the meme coin could turn bullish, which could help it cross the coveted $1 target in Q2.

如果 DOGE 的軌跡繼續有增無減，那麼 Meme 代幣可能會轉為看漲，這可能有助於其在第二季度突破令人垂涎的 1 美元目標。

Source: Santiment

資料來源：Santiment

下一篇：「這就是 ADA 的原因…」—探索卡爾達諾周圍的 FUD ShareShareTweet