Dogecoin Poised for a Bullish Reversal, Analysts Suggest

分析师表示，狗狗币有望出现看涨逆转

Since early June, Dogecoin (DOGE) has witnessed a significant downtrend, shedding over 22% of its value. Despite this downward momentum, analysts believe DOGE's price could be on the verge of a major bullish reversal based on technical indicators.

自 6 月初以来，狗狗币 (DOGE) 经历了显着的下跌趋势，价值下跌超过 22%。尽管存在这种下行势头，但分析师认为，根据技术指标，DOGE 的价格可能处于重大看涨逆转的边缘。

Bullish Prediction Based on Elliott Wave

基于艾略特波浪的看涨预测

Crypto analyst Big Mike has outlined a bullish prediction for DOGE, suggesting that the memecoin could surpass the $1 mark within this bull cycle. This price forecast is based on Elliott Wave theory, supported by a range of technical indicators.

加密货币分析师 Big Mike 概述了 DOGE 的看涨预测，表明 memecoin 可能在本轮牛市周期内突破 1 美元大关。该价格预测基于艾略特波浪理论，并得到一系列技术指标的支持。

Technical Analysis and Elliott Wave

技术分析和艾略特波浪

According to Big Mike's analysis, DOGE could hit $1 by late 2024 to 2025. Elliott Wave theory, a technical analysis tool used to predict market cycles and price movements by identifying repeating fractal wave patterns, underlies this prediction.

根据 Big Mike 的分析，DOGE 可能会在 2024 年末到 2025 年达到 1 美元。艾略特波浪理论是一种技术分析工具，用于通过识别重复的分形波浪模式来预测市场周期和价格走势，是这一预测的基础。

Finbold reported that a recent analysis of the DOGE/USDT weekly chart reveals a clear Elliott Wave pattern. DOGE has completed five major waves, reaching a peak around $0.68835.

Finbold 报告称，最近对 DOGE/USDT 周线图的分析揭示了清晰的艾略特波浪模式。 DOGE已完成五波大浪，在0.68835美元附近达到峰值。

After this peak, DOGE entered a corrective phase, forming waves W, X, and Y, indicating a period of consolidation.

在这个峰值之后，DOGE 进入修正阶段，形成 W、X 和 Y 波，表明进入盘整期。

New Bullish Cycle

新的看涨周期

DOGE is now in a new bullish cycle, with waves (1) and (2) already formed. The price action is also contained within an ascending channel pattern, providing a framework for predicting future movements and supporting the bullish outlook.

DOGE 现在处于新的看涨周期，波浪 (1) 和 (2) 已经形成。价格走势也包含在上升通道模式内，为预测未来走势和支持看涨前景提供了框架。

Wave (3) is projected to propel DOGE to higher resistance levels, potentially between $0.35 and $0.50, based on Fibonacci extensions.

根据斐波那契扩展，波浪 (3) 预计将推动 DOGE 升至更高的阻力位，可能在 0.35 美元至 0.50 美元之间。

This wave is typically the strongest and longest, driven by significant market momentum. The upper boundary of the ascending channel aligns with this target, reinforcing the potential price range.

在巨大的市场动力的推动下，这一波通常是最强且持续时间最长的。上升通道的上限与该目标一致，强化了潜在的价格范围。

Following wave (3), a corrective wave (4) is expected. This wave usually retraces a portion of the gains from wave (3), potentially taking DOGE into the support range of $0.20 to $0.25. This correction within the ascending channel is crucial for building the base for the final impulse.

在波 (3) 之后，预计会出现修正波 (4)。这一波通常会回撤 (3) 波的部分涨幅，可能将 DOGE 推入 0.20 美元至 0.25 美元的支撑区间。上升通道内的这种修正对于为最终推动力奠定基础至关重要。

DOGE's Potential Surge to $1

DOGE 的潜力飙升至 1 美元

Wave (5) represents the final impulse in this cycle and could drive DOGE toward the $1 mark. The strength of wave (5) often correlates with market sentiment and external factors, such as a broader crypto market rally or significant news events.

第 (5) 浪代表本周期的最后推动力，可能推动 DOGE 升至 1 美元大关。第 (5) 波的强度通常与市场情绪和外部因素相关，例如更广泛的加密货币市场反弹或重大新闻事件。

The upper trendline of the ascending channel could guide this wave, potentially extending DOGE's price significantly, especially if accompanied by strong trading volume and investor confidence.

上升通道的上部趋势线可能会引导这波浪潮，从而可能显着延长 DOGE 的价格，特别是如果伴随着强劲的交易量和投资者信心。

As DOGE navigates through these predicted waves, investors and traders will be closely monitoring key technical levels and market conditions. The possibility of DOGE reaching $1 depends on a combination of factors, including market sentiment, external news events, and the overall performance of the crypto market.

当 DOGE 经历这些预测的波浪时，投资者和交易者将密切关注关键技术水平和市场状况。 DOGE 达到 1 美元的可能性取决于多种因素的结合，包括市场情绪、外部新闻事件以及加密货币市场的整体表现。