Cover image via U.Today

通过U.Today掩护图像

Binance, the world's largest cryptocurrency exchange, is seeing significant Dogecoin (DOGE) trading activity. The meme coin's 24-hour trading volume on the exchange surged 12%, reaching a substantial 648,235,545 DOGE.

Binance是世界上最大的加密货币交易所，正在看到大量的Dogecoin（Doge）交易活动。 Meme Coin在交易所的24小时交易量增加了12％，达到了648,235,545个Doge。

DOGE Rebounds from Recent Lows

从最近的低点篮板

CoinMarketCap data indicates this increased interest coincides with DOGE's climb from the $0.17 support level. Dogecoin experienced considerable volatility over the past week, dipping as low as $0.1455. However, DOGE has since recovered significantly and appears poised for a potential rally. The token is nearing key resistance levels that, historically, have preceded price breakouts.

CoinMarketCap数据表明，这一增加的兴趣与Doge的攀升水平从0.17美元的支持水平相吻合。 在过去一周中，Dogecoin经历了相当大的波动性，低至$ 0.1455。 但是，多奇自那以后恢复了显着，并且似乎有望参加潜在的集会。 该令牌即将接近关键阻力水平，从历史上看，价格突破了。

Some analysts interpret this activity as an accumulation phase for DOGE, suggesting a "buy opportunity" before a potential price surge. This could explain the high trading volume observed on Binance.

一些分析师将这项活动解释为Doge的累积阶段，这表明在潜在价格上涨之前有“购买机会”。这可以解释在二元上观察到的高交易量。

According to CoinMarketCap, DOGE was trading at $0.1747, a 2.71% increase in the last 24 hours. While still approximately 31% below its 30-day high of $0.2563, analysts remain optimistic. They predict that if DOGE maintains its support and reaches $0.20, a rally to $2.70 could follow.

根据CoinMarketCap的数据，Doge的交易价格为0.1747美元，在过去24小时内增长了2.71％。虽然仍然低于其30天高点0.2563的31％，但分析师仍然乐观。 他们预测，如果Doge维持其支持并达到0.20美元，则会随后达到2.70美元。

Is the Binance Trading Surge a Buy Signal?

Binance Trading Sughs subry a Buy信号吗？

This bullish outlook is based on DOGE's average price performance over the past 11 years. While March saw less than 0.5% growth, April historically followed with a significant 68.2% spike, according to Cryptorank. This historical trend might be driving the current activity.

这种看涨的前景是基于Doge在过去11年中的平均价格表现。 据Cryptorank称，三月的增长率不到0.5％，而4月的增长率不到68.2％。 这种历史趋势可能正在推动当前活动。

Market analysts suggest the intense trading on Binance could be fueled by this historical data. Traders may be capitalizing on the current low price, accumulating DOGE in anticipation of a potential price rally in April, mirroring past market cycles. Read the original article on U.Today

市场分析师认为，这种历史数据可以推动有关二手持续交易的强烈交易。 贸易商可能会利用当前的低价，因为预期4月份的潜在价格集会而累积了门槛，这反映了过去的市场周期。 阅读有关U.Today的原始文章