Elon Musk's Tweet Signals Bullish Momentum for Dogecoin

伊隆馬斯克的推文預示著狗狗幣的看漲勢頭

Dogecoin's price is poised to break free from a descending wedge pattern, fueling anticipation for a breakout. Market support remains evident, but the recovery may be gradual.

狗狗幣的價格有望擺脫下降楔形模式，引發了對突破的預期。市場支撐依然明顯，但復甦可能是漸進的。

Elon Musk's Influence

馬斯克的影響力

Elon Musk's recent tweet expressing support for Dogecoin has likely contributed to the current momentum. This endorsement aligns with the Moving Average Convergence Divergence (MACD) indicator, which suggests a shift in market sentiment and potential for price recovery.

伊隆馬斯克最近在推特上表達了對狗狗幣的支持，這可能推動了當前的勢頭。這項認可與移動平均收斂分歧（MACD）指標相一致，該指標表明市場情緒發生了轉變，並且價格復甦的潛力。

Whales' Cautious Approach

鯨魚的謹慎態度

Despite the bullish technical signal, large-scale investors known as whales have shown only a modest increase in their DOGE holdings. In the past two weeks, wallets holding $100,000-$10 million have seen inflows of only $300 million. This cautious accumulation indicates uncertainty or hesitation in the market.

儘管出現看漲的技術訊號，但被稱為「鯨魚」的大型投資者的 DOGE 持倉量僅小幅增加。過去兩週，持有 10 萬至 1,000 萬美元的錢包僅流入 3 億美元。這種謹慎的累積表明市場存在不確定性或猶豫。

Chart Analysis

圖表分析

Dogecoin's price is approaching a breakout from a bullish descending wedge pattern, currently trading at $0.1059. The pattern suggests a potential 90% increase to $0.20. However, confirmation of the breakout is still needed, and it may take time to materialize.

狗狗幣的價格正接近突破看漲的下降楔形形態，目前交易價格為 0.1059 美元。該模式表明可能上漲 90% 至 0.20 美元。然而，仍然需要確認突破，並且可能需要時間才能實現。

If the breakout is successful, $0.1168 will become support, enabling a rise to $0.1286. A failure of the breakout, as occurred in mid-July, could lead to a drop in Dogecoin's price to $0.10 or lower, invalidating the bullish scenario.

如果突破成功，0.1168 美元將成為支撐，從而上漲至 0.1286 美元。如果 7 月中旬發生的突破失敗，可能會導致狗狗幣的價格跌至 0.10 美元或更低，使看漲情景失效。

Original Source:

原始來源：

The post first appeared on COINTURK NEWS: Elon Musk's Tweet Boosts Dogecoin Price Expectations.

該帖子首次出現在 COINTURK 新聞：埃隆馬斯克的推文提振了狗狗幣價格預期。