You can also read this news on BH NEWS: Dogecoin Surges, Surpassing Key Resistance Levels
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Dogecoin, the cryptocurrency that started as a meme, has recently experienced a notable increase in value, climbing over 33% against the US dollar. The digital currency succeeded in breaking past the $0.120 barrier, aiming for the next resistance at approximately $0.132. Investors, having waited eagerly for such a movement, now express their optimism as the price ascends.
狗狗幣(Dogecoin)是一種最初作為迷因的加密貨幣,最近其價值顯著上漲,兌美元匯率上漲了 33% 以上。該數位貨幣成功突破 0.120 美元關口,目標是下一個阻力位約 0.132 美元。投資人熱切地等待著這樣的走勢,現在隨著價格的上漲表達了他們的樂觀態度。
Breakthrough in Dogecoin’s Market Position
狗狗幣市場地位的突破
The crypto coin has surged from its support zone near $0.080, soaring past several resistance levels. A key moment was the breakthrough of a significant contracting triangle pattern on the 4-hour chart, which set off a rally beyond both the $0.0845 and $0.100 barriers. Dogecoin’s price has soared, now trading comfortably above $0.127.
該加密貨幣已從 0.080 美元附近的支撐區域飆升,飆升至多個阻力位。一個關鍵時刻是 4 小時圖表上重大收縮三角形形態的突破,引發了反彈,突破了 0.0845 美元和 0.100 美元的關卡。狗狗幣的價格飆升,目前交易價格輕鬆高於 0.127 美元。
After this rally, Dogecoin witnessed a natural price correction. The price pulled back slightly after reaching a high of $0.1282, yet it remains well above the 23.6% Fibonacci retracement level from the recent surge.
在這次反彈之後,狗狗幣經歷了自然的價格調整。價格在觸及 0.1282 美元高點後小幅回落,但仍遠高於近期飆升的 23.6% 斐波那契回檔位。
Forecasting Dogecoin’s Next Moves
預測狗狗幣的下一步行動
Technically, Dogecoin is performing strongly, trading above the $0.1220 mark and the 100 simple moving average. There are potential resistance levels ahead at $0.1280 and $0.1320. Breaching the latter could propel the price towards the $0.1450 mark. Nonetheless, failure to maintain upward momentum may lead to a retest of the $0.120 support zone, with further key supports at $0.1065 and $0.100. Indicators such as the 4-hour MACD and RSI suggest bullish momentum but also caution of a possible overbought scenario.
從技術上講,狗狗幣表現強勁,交易價格高於 0.1220 美元大關和 100 簡單移動平均線。前方潛在阻力位為 0.1280 美元和 0.1320 美元。突破後者可能會將價格推向 0.1450 美元大關。儘管如此,未能維持上行勢頭可能會導致重新測試 0.120 美元支撐區域,進一步關鍵支撐位於 0.1065 美元和 0.100 美元。 4 小時 MACD 和 RSI 等指標顯示看漲勢頭,但也對可能的超買情況持謹慎態度。
While Dogecoin’s upward trajectory is evident, near-term corrections are possible. The ability to break through certain resistance or fall below support levels will dictate its short-term market behavior. Currently, Dogecoin trades at $0.127, with the market closely watching its next movements.
雖然狗狗幣的上升軌跡很明顯,但短期修正是可能的。突破某些阻力位或跌破支撐位的能力將決定其短期市場行為。目前,狗狗幣的交易價格為 0.127 美元,市場密切關注其下一步趨勢。
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