Dogecoin (DOGE) Soars in Uptrend, Rising Wedge Signals Breakout Potential

狗狗幣（DOGE）在上升趨勢中飆升，上升楔形訊號預示著突破潛力

Dogecoin (DOGE) is currently experiencing an upward trend, with its price action forming a rising wedge pattern on charts. This technical configuration indicates the possibility of a breakout in the near future.

狗狗幣（DOGE）目前正在經歷上升趨勢，其價格走勢在圖表上形成上升楔形模式。這種技術配置預示著近期可能會出現突破。

Rising Wedge Pattern: Bullish or Bearish Breakout?

上升楔形形態：看漲還是看跌突破？

According to altFINS, a rising wedge pattern typically appears after an uptrend and can suggest a potential bearish reversal. It is characterized by converging trendlines and price action creating higher highs and higher lows. Traders should anticipate either a bullish or bearish breakout from this pattern.

根據 altFINS 的說法，上升楔形形態通常出現在上升趨勢之後，並可能暗示潛在的看跌逆轉。它的特點是趨同趨勢線和價格行為創造更高的高點和更高的低點。交易者應該預期該模式會出現看漲或看跌突破。

If a bullish breakout occurs, DOGE could continue its uptrend, with the next target set at $0.20. However, if the price falls below the wedge's lower trendline, it could signal a trend reversal, potentially reaching a downside risk of $0.12.

如果出現看漲突破，DOGE 可能會繼續其上升趨勢，下一個目標定為 0.20 美元。然而，如果價格跌破楔形的下趨勢線，則可能預示趨勢逆轉，可能會出現 0.12 美元的下行風險。

Trend and Momentum Analysis

趨勢和勢頭分析

Currently, Dogecoin exhibits bullish sentiment in the short-term, medium-term, and long-term trends. However, the momentum has recently shifted bearish, with the MACD (Moving Average Convergence Divergence) line crossing below the MACD signal line several days ago. This bearish crossover suggests that the upward momentum may be decelerating.

目前，狗狗幣在短期、中期和長期趨勢上都表現出看漲情緒。然而，最近勢頭轉向看跌，MACD（移動平均線趨同分歧）線幾天前就穿過了 MACD 訊號線。這種看跌交叉表明上行勢頭可能正在減速。

The RSI (Relative Strength Index) indicates that Dogecoin is neither overbought nor oversold, with the RSI-14 level remaining between 30 and 70. This neutral position allows the price to move in either direction depending on the breakout from the rising wedge pattern.

RSI（相對強度指數）顯示狗狗幣既沒有超買也沒有超賣，RSI-14 水平保持在 30 到 70 之間。

altFINS has identified support zones at $0.13 and $0.11, while resistance zones are located at $0.17 and $0.20. These levels will be critical in determining the direction of Dogecoin's price action following the breakout from the rising wedge pattern.

altFINS 確定支撐區域為 0.13 美元和 0.11 美元，阻力區域為 0.17 美元和 0.20 美元。這些水平對於確定狗狗幣突破上升楔形形態後的價格走勢至關重要。

Potential for New All-Time Highs

創歷史新高的潛力

Despite the rising wedge pattern indicating a potential bearish reversal, analyst JAVON MARKS maintains an optimistic outlook. According to MARKS, the current breakout trend suggests that Dogecoin could reach new all-time highs, with the potential for a price increase of over 4x. The analyst even speculates that a Dogecoin price exceeding $10 is possible based on the present trend.

儘管上升楔形形態顯示潛在的看跌逆轉，但分析師 JAVON MARKS 仍保持樂觀的前景。根據 MARKS 的說法，當前的突破趨勢表明狗狗幣可能會創下歷史新高，價格有可能上漲 4 倍以上。根據目前的趨勢，分析師甚至推測狗狗幣的價格可能超過 10 美元。