Dogecoin Shows Strong Signs of an Upcoming Price Surge

狗狗幣顯示出即將到來的價格飆升的強烈跡象

Cryptocurrency world's biggest meme coin, DOGE, is exhibiting a promising technical formation known as the "golden cross" in its weekly price averages. The last golden cross, observed in January 2021, preceded an impressive price increase of 8,000%.

加密貨幣世界上最大的迷因硬幣 DOGE 在其每周平均價格中展現出一種被稱為「金十字」的有前途的技術形態。最後一次金十字出現在 2021 年 1 月，隨後價格大幅上漲 8,000%。

Golden Cross Formation in Dogecoin

狗狗幣中的黃金十字形態

The reformation towards the golden cross, which accurately predicted the rise in early 2021, has excited DOGE investors. With a market value of approximately $22 billion, DOGE has outperformed Bitcoin by a significant margin this year, with a price increase of over 70% compared to Bitcoin's approximate 50% rise.

準確預測2021年初上漲的金叉改革讓DOGE投資人興奮不已。 DOGE 的市值約為 220 億美元，今年的表現大幅優於比特幣，其價格漲幅超過 70%，而比特幣的漲幅約為 50%。

Dogecoin's spot price is currently trending upwards in its 50-week simple moving average (SMA). It is anticipated that DOGE will cross above its 200-day moving average in the coming weeks, completing the formation of the golden cross. This technical indicator suggests that the short-term price momentum is likely to surpass the long-term momentum, potentially leading to a sustained upward trend.

狗狗幣的現貨價格目前在 50 週簡單移動平均線 (SMA) 中呈現上升趨勢。預計DOGE將在未來幾週內突破200日移動均線，完成金叉的形成。該技術指標表明，短期價格動能可能超過長期動能，並有可能導致持續上漲趨勢。

Investors' Interest

投資者興趣

Investors following this momentum often rely on moving average crossovers to determine optimal entry and exit points in the market. This method, employed as part of a strategic approach, facilitates clearer trend assessment and informed decision-making.

追隨這種勢頭的投資者通常依靠移動平均線交叉來確定市場的最佳進入和退出點。這種方法作為策略方法的一部分，有助於更清晰的趨勢評估和明智的決策。

Historical Precedent

歷史先例

In March, DOGE's price surpassed the 200-week SMA, breaking out of a prolonged period of consolidation. Since then, it has established robust support above this crucial average. The upcoming golden cross will be the first observed in over three years. Notably, the previous golden cross was followed by a four-month rally in January 2021, during which prices soared over 8,000% to a record high of 76 cents on Binance.

3月份，DOGE的價格突破了200週移動平均線，突破了長期的盤整期。從那時起，它就在這條關鍵平均線上方建立了強勁的支撐。即將到來的金十字將是三年多來首次出現。值得注意的是，在上次黃金交叉之後，2021 年 1 月出現了長達四個月的上漲，在此期間，幣安價格飆升了 8,000% 以上，達到 76 美分的歷史新高。

Cautions

注意事項

While historical performance provides insights, it is not an absolute guarantee of future outcomes. Meme coins like DOGE, which lack tangible real-world applications, are primarily driven by speculation. As a result, they are highly susceptible to liquidity conditions in fiat currencies and global interest rate expectations.

雖然歷史表現提供了見解，但它並不能絕對保證未來的結果。像 DOGE 這樣的迷因幣缺乏實際的現實應用，主要是由投機驅動的。因此，它們非常容易受到法定貨幣流動性狀況和全球利率預期的影響。

During DOGE's 2021 surge, global interest rates were near or below zero, fostering unprecedented risk-taking in financial markets. However, major economies such as the USA are currently experiencing the highest interest rate levels in recent years. This could potentially impact assets like DOGE.

在 DOGE 2021 年飆升期間，全球利率接近或低於零，助長了金融市場前所未有的冒險行為。然而，美國等主要經濟體目前正經歷近年來最高的利率水準。這可能會影響 DOGE 等資產。