Dogecoin has also benefited from the general crypto market rally, gaining over 7% in the past week. DOGE has settled at the $0.069 price range today, with its market cap above $9 billion, showing its massive adoption. Also, on the weekly chart, DOGE shows signs of a breakout pattern as more buyers continue to accumulate the tokens.
狗狗币也受益于加密货币市场的整体上涨,过去一周涨幅超过 7%。 DOGE 今天的价格区间为 0.069 美元,其市值超过 90 亿美元,显示出它的广泛采用。此外,在周线图上,随着更多买家继续积累代币,DOGE 显示出突破模式的迹象。
According to crypto analyst Ali Chart, Dogecoin has broken out of a multi-year descending triangle pattern on the weekly chart. The analyst believes this confirms a buy signal for the asset on the weekly timeframe, making its future outlook bullish.
根据加密货币分析师 Ali Chart 的数据,狗狗币在周线图上已经突破了多年的下降三角形模式。分析师认为,这证实了该资产在每周时间范围内的买入信号,使其未来前景看涨。
DOGE Breaks Out Of Descending Triangle Pattern
DOGE 突破下降三角形形态
DOGE entered a descending triangle pattern from July 2023 as bearish conditions in the market forced a decline. However, the buyers forced a breakout from this pattern in October as the general market moved into an uptrend.
从 2023 年 7 月开始,由于市场的看跌状况迫使 DOGE 下跌,因此 DOGE 进入下降三角形形态。然而,随着总体市场进入上升趋势,买家在 10 月份迫使该模式突破。
Remarkably, DOGE flipped the $0.067 resistance level into support, rallying to the $0.071 resistance level. Furthermore, DOGE has formed two consecutive green candles on the weekly chart, confirming its break out of the descending triangle.
值得注意的是,DOGE 将 0.067 美元的阻力位转变为支撑位,反弹至 0.071 美元的阻力位。此外,DOGE在周线图上连续形成两根绿色蜡烛,确认其突破下降三角形。
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Additionally, the Relative Strength Index (RSI) displays a value of 51.8 in the neutral zone and moving sideways. It implies that while the buyers are dominant, some traders are beginning to make a profit, leading to a slight decline. However, if the RSI moves to 55, the buyers will likely resume the accumulation phase.
此外,相对强弱指数 (RSI) 在中性区域显示值为 51.8,并横向移动。这意味着虽然买家占主导地位,但一些贸易商开始获利,导致价格小幅下跌。然而,如果 RSI 升至 55,买家可能会恢复吸筹阶段。
Also, the Moving Average Convergence/Divergence (MACD) is above its signal line, displaying a buy signal on the weekly chart. Moreover, the green Histogram bars confirm that the buyers are not yet done with the accumulation of DOGE. If DOGE breaks above the $0.071 resistance level, it will likely continue on its rally in the coming weeks.
此外,平滑异同移动平均线(MACD)位于其信号线上方,在周线图上显示买入信号。此外,绿色直方图条证实买家尚未完成 DOGE 的积累。如果 DOGE 突破 0.071 美元的阻力位,它可能会在未来几周继续上涨。
DOGE 的价格目前在日线图上为 0.69 美元。 |资料来源:来自 TradingView.com 的 DOGEUSD 价格图表
Whale Movement Aiding Dogecoin’s Price Gains
鲸鱼运动帮助狗狗币价格上涨
According to the crypto tracking platform Whale Alert, a dormant address holding over 5.39 million DOGE tokens valued at $372,461 has been reactivated. Notably, this address remained inactive for almost 10 years, with its last activity in 2013 when DOGE launched in the public market.
据加密货币追踪平台 Whale Alert 称,一个持有超过 539 万个 DOGE 代币、价值 372,461 美元的休眠地址已被重新激活。值得注意的是,该地址近 10 年来一直处于不活跃状态,最后一次活跃是在 2013 年 DOGE 在公开市场推出时。
Whale Alert confirmed that this whale transferred 392,000 DOGE to a new blockchain address. Also, a massive 350 million DOGE tokens were transferred to the crypto exchange Robinhood on October 27 from a whale address.
Whale Alert 证实,这头鲸鱼将 392,000 DOGE 转移到了新的区块链地址。此外,10 月 27 日,大量 3.5 亿 DOGE 代币从鲸鱼地址转移到加密货币交易所 Robinhood。
These transfers are likely aiding Dogecoin’s rally in the past week due to increased on-chain activity. Also, the general price uptick in the crypto market led to a rally for meme coins.
由于链上活动增加,这些转移可能有助于狗狗币在过去一周的上涨。此外,加密货币市场的整体价格上涨导致了模因币的上涨。
Furthermore, Dogecoin’s profile as one of the largest cryptocurrencies by market cap is aiding its price rally. Therefore, DOGE’s uptrend may continue in the coming weeks if the general market sentiment remains positive.
此外,狗狗币作为市值最大的加密货币之一的形象也有助于其价格上涨。因此,如果总体市场情绪保持乐观,DOGE 的上涨趋势可能会在未来几周内持续。