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With the market finding a fresh breath of recovery, the meme coins are ready for a comeback in February. Amongst the rising trends, the DOGE price trend showcases a quick reversal from the 200-day EMA and picks up momentum. 

随着市场复苏，模因币已准备好在二月份卷土重来。在上涨趋势中，DOGE 价格走势显示出从 200 日均线的快速反转，并呈现出上涨势头。

Teasing a conclusion to the pullback phase in the daily chart, the anticipations are high around Dogecoin for a quick upside move. 

日线图上回调阶段即将结束，人们对狗狗币快速上涨的预期很高。

Read our DOGE price prediction NOW to find out if Dogecoin will cross the $0.10 mark in 2024. 

立即阅读我们的 DOGE 价格预测，了解狗狗币是否会在 2024 年突破 0.10 美元大关。

Dogecoin’s W-shaped Comeback Eyes A Breakout Run

狗狗币W型卷土重来，有望突破

Source: Tradingview

来源：Tradingview

Following the bullish failure to sustain above the 50-day EMA, the DOGE price faces a setback in retesting the 200-day EMA. The downfall resulted in a drop to $0.077 from the peak of $0.0877, a ~12% decline in market cap. 

在看涨未能维持在 50 日均线之上之后，DOGE 价格在重新测试 200 日均线时面临挫折。此次下跌导致股价从 0.0877 美元的峰值跌至 0.077 美元，市值下降约 12%。

Currently, the Dogecoin shows a sideways to diagonal trend, ready to lift off from the 200-day EMA. Meanwhile, last night’s jump of 3.04%, making a bullish engulfing candle with a spike in trading volume, supports the possibility of reversal. 

目前，狗狗币呈现横盘至对角线趋势，准备从 200 日均线上升。与此同时，昨晚上涨 3.04%，形成一根看涨吞没蜡烛，交易量激增，支持了逆转的可能性。

Hampering the upside move, the dynamic resistance of the 50-day EMA keeps the growth in check and leads to higher price rejection. As a result, a consolidation range forms between the two crucial average lines. Hence, an escape from either side can change the trajectory of the DOGE price trend. 

50 日均线的动态阻力阻碍了上行走势，抑制了增长并导致更高的价格拒绝。结果，两条关键平均线之间形成了盘整区间。因此，任何一方的逃离都可以改变 DOGE 价格趋势的轨迹。

Technical indicators:

技术指标：

MACD Indicator: The bullish crossover between the MACD (blue line) and the signal line (orange line) suggests that the recovery trend for this asset is resurfacing. Buyers will gain further momentum if the indicator slopes rise above the midline, extending the ongoing bull run.

MACD 指标：MACD（蓝线）和信号线（橙线）之间的看涨交叉表明该资产的复苏趋势正在重新显现。如果该指标斜率升至中线之上，从而延续当前的牛市，买家将获得进一步的动力。

Will DOGE Price Reach $0.10?

DOGE 价格会达到 0.10 美元吗？

Dogecoin gives an entry signal following a bullish reversal from the dynamic support to cross the 50% Fibonacci retracement level around $0.080. However, the immediate resistance of the downsloping 50-day EMA. A breakout above this dynamic resistance can carry the DOGE price higher to $0.090, potentially reaching the $0.10 mark. 

在动态支撑位出现看涨反转并突破 0.080 美元左右的 50% 斐波那契回撤位后，狗狗币给出了入场信号。然而，直接阻力是向下倾斜的 50 日均线。突破该动态阻力位可能会使 DOGE 价格上涨至 0.090 美元，有可能达到 0.10 美元大关。

On a contrary note, if the consolidation breaks below the 200D EMA, the altcoin may drop to $0.075.

相反，如果盘整跌破 200 天均线，山寨币可能会跌至 0.075 美元。