Dogecoin's Bullish Trend: Analysts Predict Surge to $2.28

狗狗币的看涨趋势：分析师预测其价格将飙升至 2.28 美元

Analysts suggest that Dogecoin (DOGE) has entered its third major bullish cycle, exhibiting a pattern that could potentially retrace its historical price movement.

分析师表示，狗狗币（DOGE）已进入第三个主要看涨周期，表现出一种可能回溯其历史价格走势的模式。

Based on Fibonacci extension levels, analysts forecast a significant increase in Dogecoin's value. The cryptocurrency is projected to rise up to 405%, or around 1.618 Fibonacci extension, which would reach $2.28.

根据斐波那契扩展水平，分析师预测狗狗币的价值将大幅上涨。该加密货币预计将上涨 405%，即 1.618 斐波那契扩展位附近，即达到 2.28 美元。

Confirming the bullish sentiment, an expert's tweet on December 26, 2016, highlighted the consistent trend observed in previous cycles. Expectations this time are notably higher, with forecasts predicting a price increase exceeding 570% from current levels.

一位专家于 2016 年 12 月 26 日发布的推文证实了看涨情绪，强调了之前周期中观察到的一致趋势。这次的预期明显更高，预测价格将比当前水平上涨 570% 以上。

Notably, according to the analyst, Fibonacci levels, particularly the 1.618 point, have acted as a pivotal turning point for financial assets, serving as either a high or low. Its repeated ability to move past (and subsequently below) this level in previous cycles lends credibility to its significance in this cycle.

值得注意的是，根据分析师的说法，斐波那契水平，尤其是 1.618 点，已经成为金融资产的关键转折点，要么是高点，要么是低点。它在之前的周期中反复突破（随后低于）这一水平的能力为其在本周期中的重要性提供了可信度。

Current Market Conditions

目前的市场状况

At press time, Dogecoin was trading at $0.3156, marking a 7.04% decrease over the preceding day. The market capitalization declined by 7.04% to $46.5 billion.

截至发稿，狗狗币交易价格为 0.3156 美元，较前一交易日下跌 7.04%。市值下降 7.04% 至 465 亿美元。

Trading volume over the past 24 hours reached approximately $2.68 billion, representing a 16.98% decrease. This indicates a reduction in trading activity.

过去24小时交易量约为26.8亿美元，下降16.98%。这表明交易活动减少。

CoinMarketCap data reveals a downward trend in Dogecoin's price over the last 24 hours, dropping from around $0.3395 to $0.316. The price has consistently declined without significant recovery, suggesting bearish sentiment among traders.

CoinMarketCap 数据显示，狗狗币的价格在过去 24 小时内呈下降趋势，从 0.3395 美元左右跌至 0.316 美元。价格持续下跌，但没有显着复苏，表明交易商的看跌情绪。

Short-Term Predictions and Outlook

短期预测和展望

On the hourly Dogecoin/Tether (USDT) chart, the cryptocurrency appears to be consolidating within a narrow trading range. The price action is centered around $0.32, with recent fluctuations contained within a range bounded by $0.318 and $0.324.

在狗狗币/泰达币 (USDT) 每小时图表上，该加密货币似乎正在窄幅交易区间内盘整。价格走势以 0.32 美元为中心，近期波动范围为 0.318 美元至 0.324 美元。

Despite a notable downtrend, a consolidation phase has ensued. Volume levels remain low, currently at 15.79% compared to previous periods.

尽管出现明显的下降趋势，但盘整阶段已经到来。成交量水平仍然较低，目前与前期相比为 15.79%。

Reduced trading volume during consolidation often indicates a lack of conviction among buyers and sellers. However, it may also foreshadow a surge in volatility as one side gains dominance. The immediate resistance level is $0.324, while the consolidation zone is situated below this point.

整合期间交易量的减少通常表明买家和卖家缺乏信心。然而，随着一方占据主导地位，这也可能预示着波动性的激增。直接阻力位为 0.324 美元，而盘整区域位于该点下方。

Support has formed near the $0.318 level over the past few days, limiting further declines. The range is so tight that a breakout is imminent.

过去几天，支撑位在 0.318 美元附近形成，限制了进一步的下跌。区间如此狭窄，突破即将到来。

The cryptocurrency exhibits a bearish bias in the short term due to its prolonged consolidation phase. Traders are exercising caution in the absence of higher highs and lower lows compared to the recent trend.

由于其长期盘整阶段，加密货币在短期内表现出看跌倾向。与近期趋势相比，由于没有更高的高点和更低的低点，交易者保持谨慎。

To initiate a bullish reversal, DOGE must surpass the $0.324 resistance level with increased volume. This could attract buyers, propelling the price to newer resistance levels.

要启动看涨反转，DOGE 必须突破 0.324 美元的阻力位并增加成交量。这可能会吸引买家，将价格推至新的阻力位。

Conversely, a bearish trend could ensue if Dogecoin breaches the $0.318 support with substantial volume. This could lead to lower price levels and additional testing of support.

相反，如果狗狗币成交量大幅突破 0.318 美元支撑位，则可能会出现看跌趋势。这可能会导致价格水平下降和额外的支撑测试。