Dogecoin Price Poised for Breakout, Potential Surge to $1

狗狗币价格有望突破，有可能飙升至 1 美元

The Dogecoin (DOGE) price chart suggests a breakout from a multi-year descending triangle pattern is imminent. This breakout could propel DOGE to as high as $1 and initiate a bull run, according to analysts.

狗狗币（DOGE）价格图表表明，多年下降三角形格局即将突破。分析师表示，此次突破可能会将 DOGE 推升至 1 美元并引发牛市。

Altcoin Sentiment on the Rise

山寨币情绪上升

As Bitcoin prepares for its anticipated pump amid Q4, the sentiment surrounding altcoins has also strengthened. Several altcoins, including SUI, FET, ADA, VET, SHIB, have already commenced a rally and are approaching previous highs.

随着比特币为第四季度预期的上涨做好准备，围绕山寨币的情绪也有所增强。包括 SUI、FET、ADA、VET、SHIB 在内的几种山寨币已经开始上涨，并接近之前的高点。

DOGE Bullishness Fueled by Elon Musk

埃隆·马斯克推动 DOGE 看涨

Elon Musk's recent endorsement of Dogecoin as a more "fun" cryptocurrency has sparked excitement within the DOGE community. Musk's previous mentions of the asset have historically triggered price surges.

埃隆·马斯克 (Elon Musk) 最近认可狗狗币是一种更“有趣”的加密货币，这在 DOGE 社区中引发了兴奋。马斯克之前提到的该资产在历史上曾引发过价格飙升。

Technical Analysis Supports Breakout

技术分析支持突破

The DOGE price chart exhibits bullish signals that support the potential for a massive price pump. The ongoing breakout from the multi-year descending triangle pattern suggests a 200% price increase, followed by a 60% retracement and subsequent bull run.

DOGE 价格图表显示出看涨信号，支持大规模价格上涨的潜力。多年下降三角形模式的持续突破表明价格上涨 200%，随后出现 60% 回撤和随后的牛市。

Historical Significance

历史意义

Analysts contend that this may be the final opportunity to acquire DOGE below $0.10 and anticipate the price to hit $1 during the current bull cycle. The magnitude of the expected bull run is projected to be unprecedented.

分析师认为，这可能是在 0.10 美元以下收购 DOGE 的最后机会，并预计在当前牛市周期中价格将达到 1 美元。预期牛市的规模预计将是前所未有的。

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关于加密新闻之地

This article was originally published on Crypto News Land.

本文最初发表于 Crypto News Land。