Dogecoin (DOGE) is exhibiting signs of a potential breakout, with crucial resistance levels to monitor. Crypto analyst CW (@CW8900) suggests that DOGE is surpassing the first major sell wall and could embark on a rally.
Dogecoin(Doge)表現出潛在突破的跡象,並且要監測至關重要的電阻水平。加密分析師CW(@CW8900)建議,Doge超過了第一個主要的賣牆,可以進行集會。
Consequently, if the breakout persists, the immediate price target stands at $0.70, where another sell wall awaits. Market conditions and past accumulation zones support this potential movement, although DOGE must overcome critical resistance points to maintain upward momentum.
因此,如果突破持續存在,那麼即時的價格目標為0.70美元,另一個出售牆等待著。市場狀況和過去的積累區域支持這一潛在運動,儘管Doge必須克服關鍵的阻力點以保持向上的動力。
DOGE's present price action indicates a breakout from a descending wedge pattern, a structure known to signal bullish reversals. The 1D timeframe analysis shared by CW highlights a series of lower highs and lower lows, hinting at price compression. As the wedge converges, a breakout scenario becomes more plausible.
Doge的目前價格動作表明,降級楔形模式突破了,這是一種已知的結構,該結構表明了看漲的逆轉。 CW共享的第一時間範圍分析突出了一系列較低的高點和較低的低點,暗示了價格壓縮。隨著楔形的融合,突破場景變得更加合理。
$DOGE is breaking the first sell wall. And if it breaks that, the next is the upper line of the convergence.
The rally may have already started. And the short term target is $0.7, where the sell wall is.
After a slight correction from that sell wall, the real bull market will… pic.twitter.com/M0qWL3kPxf
$ DOGE正在打破第一張賣牆。如果打破了這一點,下一條是收斂的上線。拉力賽可能已經開始。短期目標是$ 0.7,賣牆是$ 0.7。從賣牆稍作糾正後,真正的牛市將…pic.twitter.com/m0qwl3kpxf
— CW (@CW8900) February 12, 2025
- CW(@CW8900)2025年2月12日
The lower boundary of this pattern has acted as robust support, with multiple retests confirming buying interest. Recent price action aligns with historical accumulation zones, indicating that institutional and retail buyers are entering the market. If DOGE successfully breaches the upper convergence trendline, the price could surge towards key resistance levels.
這種模式的下邊界充當了強大的支持,並確認了購買興趣。最近的價格行動與歷史積累區保持一致,表明機構和零售買家正在進入市場。如果Doge成功違反了上層收斂趨勢線,那麼價格可能會朝著關鍵阻力水平上漲。
Key Dogecoin Price Levels to Observe
關鍵的小狗價格水平要觀察
Dogecoin's price movement is influenced by distinct support and resistance levels that guide market direction. The support range between $0.10 and $0.12 has historically been an accumulation zone, fostering previous rallies, while $0.20 serves as a psychological benchmark, previously acting as interim support.
Dogecoin的價格變動受到指導市場方向的獨特支持和阻力水平的影響。從歷史上看,支持範圍在0.10美元至0.12美元之間,是一個積累區,促進了以前的集會,而0.20美元則是心理基準,以前是臨時支持。
On the resistance side, the initial hurdle lies between $0.30 and $0.35, identified by CW as a crucial sell wall where traders may sell their positions. The following major barrier is positioned between $0.60 and $0.70, coinciding with historical supply zones and aligning with CW's projected short-term price target.
在電阻方面,最初的障礙在0.30美元至0.35美元之間,由CW確定為關鍵的賣牆,交易者可以出售其頭寸。以下主要障礙定位在0.60美元至0.70美元之間,與歷史供應區相吻合,並與CW的預計短期目標目標保持一致。
If DOGE surpasses this range, momentum could propel prices beyond $0.75, paving the way for further bullish advances. CW's analysis also considers volume trends, which play a vital role in validating breakouts. A recent spike in trading volume supports the bullish case.
如果Doge超過了這一範圍,那麼勢頭可能會推動價格超過0.75美元的價格,為進一步看漲的前進鋪平了道路。 CW的分析還考慮了數量趨勢,這些趨勢在驗證突破中起著至關重要的作用。最近在交易量的飆升支持看漲案件。
Sustained above-average volume would further substantiate DOGE's potential upward trajectory. Additionally, the price action suggests a curved breakout trajectory, which could yield parabolic gains if momentum persists.
持續的高於平均水平將進一步證實Doge的潛在上升軌跡。此外,價格動作表明彎曲的突破軌跡,如果勢頭持續存在,可能會產生拋物線的增長。
Read also: This Chart Pattern Signals an XRP Price Rally to $15
另請閱讀:此圖表模式信號XRP價格集會至$ 15
Short-Term Outlook for DOGE
Doge的短期前景
DOGE's immediate hurdle is breaking beyond the $0.30 – $0.35 resistance zone. If successful, the rally could extend to $0.70, as CW predicts. However, a temporary correction from that level is probable before DOGE enters a more sustained bullish phase.
Doge的即時障礙正在超過0.30 - 0.35美元的電阻區。如CW所預測的那樣,如果成功的話,集會可能會延長至0.70美元。但是,在Doge進入更持續的看漲階段之前,可能是從該級別進行臨時糾正。
Currently, Dogecoin trades at $0.2555, reflecting a 1.74% gain in the past day and a 0.35% decline over the past week, according to CoinGecko. The next few days will be crucial in determining whether DOGE can maintain upward momentum and confirm its breakout potential.
據Coingecko稱,目前,Dogecoin的交易價格為0.2555美元,反映了過去一天的1.74%,過去一周下降了0.35%。接下來的幾天對於確定Doge是否可以保持向上的動力並確認其突破潛力至關重要。