Dogecoin Price Analysis: DOGE, the largest meme cryptocurrency by market cap recently rebounded from the 50% retracement level at $0.14, following the completion of the fourth Bitcoin halving. On Monday, the BTC price reclaimed $65000 support triggering a relief recovery in the broader market. Will the post-halving rally bolster the Dogecoin price to surpass the $0.2 barrier?
狗狗幣價格分析:在第四次比特幣減半完成後,市值最大的 meme 加密貨幣 DOGE 最近從 50% 回撤水準反彈至 0.14 美元。週一,BTC 價格重回 65,000 美元支撐位,引發大盤復甦。減半後的反彈是否會推動狗狗幣價格突破 0.2 美元大關?
另請閱讀:Sagemate 預測 Toncoin 至 15 美元,Tami Crypto 看好狗狗幣,KangaMoon 保持令人印象深刻的價格上漲
Will DOGE Price Reversal Surpass $0.2?
DOGE 價格反轉會超過 0.2 美元嗎?
In the week of the fourth Bitcoin Halving, the Dogecoin price bottomed its current correction trend at the confluence of 50% Fibonacci retracement level and $0.14 support. The renewed demand pressure has uplifted the DOGE price by 12.2% within five days to currently trade at $0.158.
在比特幣第四次減半的一周,狗狗幣價格在 50% 斐波那契回檔位和 0.14 美元支撐位匯合處觸底。新的需求壓力使 DOGE 價格在五天內上漲了 12.2%,目前交易價格為 0.158 美元。
If the buying momentum persists, the DOGE price is poised for another 10% surge and challenges the downsloping trendline which led to the current correction trend. A successful breakout above this barrier will signal an end-of-correction trend and bolster buyers for higher rallies.
如果購買動能持續下去,DOGE 價格預計將再次上漲 10%,並挑戰導致當前修正趨勢的下降趨勢線。成功突破這一障礙將標誌著修正趨勢的結束,並支持買家進行更高的反彈。
A post-breakout rally could chase a potential target of $0.2, followed by $0.22.
突破後的反彈可能會追逐 0.2 美元的潛在目標,然後是 0.22 美元。
Also Read: Analysts Back Dogecoin to $1 With Traders Also Bullish On New Dogeverse Meme Coin
另請閱讀:分析師將狗狗幣維持在 1 美元,交易員也看好新的狗狗幣 Meme 幣
Analyst Highlights Key Technical Pattern for Dogecoin’s Bullish Outlook
分析師強調狗狗幣看漲前景的關鍵技術模式
Renowned crypto trader Alicharts has shared an intriguing chart pattern for Dogecoin, hinting at its potential trajectory. According to the analysis, Dogecoin has recently broken out of a descending triangle formation, a technical indicator that traders often interpret as a bullish sign.
著名的加密貨幣交易商 Alicharts 分享了狗狗幣的有趣圖表模式,暗示了其潛在的發展軌跡。根據分析,狗狗幣最近突破了下降三角形形態,這是交易者經常將其解讀為看漲訊號的技術指標。
#Dogecoin is showing its classic pattern once again! $DOGE is currently consolidating after breaking out from a descending triangle.
#狗狗幣再次展現其經典模式! $DOGE 在突破下降三角形後目前正在盤整中。
Based on past trends, we might just see #DOGE rocket towards $1 in the coming weeks! pic.twitter.com/dEWeVWLIHR
根據過去的趨勢,我們可能會看到#DOGE 在未來幾週內飆升至 1 美元! pic.twitter.com/dEWeVWLIHR
— Ali (@ali_charts) April 21, 2024
— 阿里 (@ali_charts) 2024 年 4 月 21 日
Based on historical trends, the DOGE price has exhibited this pattern on two previous occasions, each preceding significant bull runs. If these patterns continue to be reliable indicators, Dogecoin might be poised for an aggressive ascent toward the $1 threshold in the forthcoming weeks.
根據歷史趨勢,DOGE 價格在之前兩次出現過這種模式,每次都發生在重大牛市之前。如果這些模式繼續成為可靠的指標,狗狗幣可能會在未來幾週內大幅升至 1 美元門檻。
Technical Indicator
技術指標
- Exponential Moving Average: The DOGE price rebounded from the 100-day EMA slope, indicating the border on this asset remains bullish.
- Relative Strength Index: The daily RSI slope reverted to a neutral zone reflecting a positive shift in market sentiment.
指數移動平均線:DOGE 價格從 100 日均線斜率反彈,顯示該資產的邊界仍看漲。
相對強度指數:每日 RSI 斜率恢復至中性區域,反映出市場情緒的正向轉變。
The post Historical Patterns Hints Dogecoin Price May Target $1 in Upcoming Weeks appeared first on CoinGape.
歷史模式暗示狗狗幣價格可能在未來幾週內達到 1 美元的貼文首先出現在 CoinGape 上。