Dogecoin Shows Signs of Recovery Amidst Market Upswing

Dogecoin在上升市場中顯示出恢復的跡象

Dogecoin (DOGE) is signaling a potential resurgence after a recent dip. With the cryptocurrency market exhibiting a general upward trajectory, DOGE has emerged with notable price movements.

Dogecoin（Doge）表明在最近的下降後潛在的複興。隨著加密貨幣市場展現出一般的向上軌跡，Doge出現了顯著的價格變動。

Traders' Support for Dogecoin

商人對狗狗的支持

In the past 24 hours, Dogecoin has gained 4.05%, currently trading at $0.33. This price uptick began with robust buying at a critical support level of $0.31.

在過去的24小時內，Dogecoin上漲了4.05％，目前的交易價格為0.33美元。這種價格上漲始於以0.31美元的關鍵支持水平強勁的購買。

Accompanying the increasing trader interest, trading volume has also risen by 8.5% in the last day. This activity in altcoins reflects growing investor confidence and strengthens upward momentum. Technical analysis suggests that if DOGE holds above the $0.31 support, there is a strong possibility of a 25% short-term price increase, potentially reaching $0.41.

隨著交易者利息的增加，交易量在最後一天也增長了8.5％。 AltCoins中的這項活動反映了投資者的信心不斷增長，並增強了向上的動力。技術分析表明，如果Doge持有高於0.31美元的支持，則很可能短期價格上漲25％，可能達到0.41美元。

Furthermore, DOGE is forming a double bottom pattern on its daily chart. This pattern typically precedes significant upward movement, and Dogecoin is currently in the process of completing this formation.

此外，Doge在其每日圖表上形成了雙底模式。這種模式通常在重要的向上運動之前，而Dogecoin目前正在完成此組合。

On-Chain Data Confirms Upward Momentum

鏈上數據證實了向上的動力

Bullish market sentiment is corroborated by on-chain data. According to Coinglass, the outflow of DOGE from exchanges to wallets has reached $11.50 million. Outflows indicate long-term investor holding, signaling increased buying pressure.

看漲的市場情緒是通過鏈上數據證實的。根據Coinglass的說法，從交易所到錢包的Doge的流出已達到1,150萬美元。流出表明長期投資者持有，標誌著購買壓力增加。

Confidence in DOGE futures is also noteworthy. The current long/short ratio is 1.056, the highest since December 2024. Among key investors, 53.5% hold long positions, with 46.5% maintaining short positions.

對Doge Futures的信心也值得注意。當前的長/短比率為1.056，是2024年12月以來最高的。在主要投資者中，有53.5％的職位持有長位，其中46.5％的職位保持短缺。

The Relative Strength Index (RSI), a critical indicator, sits at 45, indicating that Dogecoin is not overbought and retains further upside potential.

相對強度指數（RSI）是一個關鍵指標，位於45位，表明狗狗蛋白沒有過多，並且保留了進一步的上升潛力。

Outlook

前景

Collectively, these factors suggest that Dogecoin could maintain its upward momentum and test the $0.41 level in the coming days. However, it is imperative that the $0.31 level remains a firm support.

總的來說，這些因素表明，Dogecoin可以保持其上升勢頭，並在未來幾天測試$ 0.41的水平。但是，$ 0.31的水平必須是公司的支持。