Dogecoin's Bullish Surge: Key Resistance Broken

狗狗幣的看漲浪潮：關鍵阻力位被打破

Dogecoin's [DOGE] price has experienced a remarkable surge of over 15% in the past seven days. Market indicators and metrics paint a bullish picture for the meme coin.

狗狗幣 [DOGE] 的價格在過去 7 天內大幅上漲了 15% 以上。市場指標和指標為迷因幣描繪了一幅看漲的圖景。

Dogecoin Breaks Resistance Barrier

狗狗幣突破阻力障礙

After dipping to $0.12 on May 1st, Dogecoin gained bullish momentum, pushing its price up by 15% in the last week. At the time of writing, according to CoinMarketCap, DOGE holds a market capitalization of over $23 billion, trading at $0.1635. Elon Musk's recent update on Tesla's website, stating that DOGE can now be used to purchase more Tesla products, may have contributed to this surge.

在 5 月 1 日跌至 0.12 美元後，狗狗幣獲得了看漲勢頭，上週價格上漲了 15%。截至本文撰寫時，根據 CoinMarketCap 的數據，DOGE 的市值超過 230 億美元，交易價格為 0.1635 美元。伊隆馬斯克最近在特斯拉網站上更新稱，DOGE 現在可以用來購買更多特斯拉產品，這可能是導致這一激增的原因之一。

Despite the daily price increase, sentiment surrounding DOGE remains bearish, as evidenced by a dip in its Weighted Sentiment. Social Volume also declined after a spike on May 4th.

儘管價格每日上漲，但圍繞 DOGE 的情緒仍然看跌，其加權情緒下跌就證明了這一點。社交量繼 5 月 4 日飆升後也有所下降。

Analyst's Optimistic Outlook

分析師的樂觀前景

Crypto analyst Rekt Capital recently tweeted a positive outlook for Dogecoin, suggesting that it has flipped multi-year resistance into new support, ending its macro downtrend. This development confirms a macro uptrend for DOGE, potentially leading to new highs in the coming months.

加密貨幣分析師 Rekt Capital 最近在推特上發布了狗狗幣的積極前景，表明它已將多年阻力轉變為新的支撐，結束了其宏觀下行趨勢。這一發展證實了 DOGE 的宏觀上升趨勢，有可能在未來幾個月創下新高。

Possible Weekly Targets

可能的每週目標

While the macro-uptrend has begun, it would be ambitious to expect DOGE to reach an all-time high soon. Analysis of Santiment's data reveals that DOGE's MVRV ratio has turned positive, indicating that more investors are in profit. Velocity has also increased, suggesting that DOGE is being used more frequently in transactions.

雖然宏觀上行趨勢已經開始，但期望 DOGE 很快就會達到歷史新高將是雄心勃勃的。對 Santiment 數據的分析顯示，DOGE 的 MVRV 比率已轉為正值，顯示更多投資者獲利。速度也有所增加，顯示 DOGE 在交易中使用得更頻繁。

Technical indicators also show bullish signs. The MACD displays a bullish crossover, and the Relative Strength Index (RSI) indicates a potential continuation of the price surge. However, the Money Flow Index (MFI) remains bearish, staying below the neutral mark.

技術指標也顯示出看漲跡象。 MACD 顯示看漲交叉，相對強弱指數 (RSI) 表示價格可能會繼續上漲。然而，資金流量指數（MFI）仍看跌，位於中性線下方。

Market Cap in BTC Terms

以 BTC 計算的市值

To determine potential targets for DOGE if the bull rally continues, analysis of Hyblock Capital's data reveals that crossing $0.1669 is crucial, as liquidation would increase significantly at that level. A successful breakout above this mark could open the door for DOGE to reach $0.18 or $0.19.

如果多頭市場繼續上漲，為了確定 DOGE 的潛在目標，對 Hyblock Capital 數據的分析表明，突破 0.1669 美元至關重要，因為在此水平上清算將顯著增加。如果成功突破該水平，DOGE 可能會達到 0.18 美元或 0.19 美元。