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Dogecoin (DOGE), the dog-themed cryptocurrency, has rebounded after a five-day decline. At the time of writing, DOGE is up 5% in the last 24 hours, trading at $0.17. This continues its recovery from yesterday's low of $0.1427. Wednesday's price reached highs of $0.169.

以狗为主题的加密货币Dogecoin（Doge）在五天下降后反弹。 在写作时，Doge在过去24小时内增长了5％，交易价格为0.17美元。这继续从昨天的低点恢复0.1427美元。 周三的价格达到0.169美元。

Several factors may have contributed to this upward movement. The broader cryptocurrency market is rebounding from a prolonged downturn, with Bitcoin and Ethereum showing gains. The recent market sell-off, driven by macroeconomic concerns, impacted cryptocurrencies alongside other risky assets. Bitcoin's recovery from a four-month low, as traders bought cryptocurrencies discounted by the sell-off, has positively influenced the market sentiment.

几个因素可能导致了这种向上运动。更广泛的加密货币市场正在从长时间的低迷中反弹，比特币和以太坊显示出收益。 在宏观经济问题的推动下，最近的市场抛售影响了加密货币以及其他风险资产。 由于交易者购买了被抛售折扣的加密货币，比特币从四个月的低点中回收，对市场情绪产生了积极影响。

This renewed positive sentiment is benefiting Dogecoin, which could see its second consecutive day of gains if the current trend continues.

这种新的积极情绪使多霉素受益，如果当前趋势继续下去，它可能会连续第二天获得收益。

Dogecoin Price Analysis

Dogecoin价格分析

While the 5% increase is positive, DOGE still faces resistance at key levels. Sustained momentum could push it towards the next resistance level around $0.21. A break above and close above $0.21 would signal easing selling pressure. Further gains could then target the 50-day Simple Moving Average (SMA) at $0.26, which could act as a significant resistance level.

虽然5％的增长是积极的，但Doge仍然面临关键水平的阻力。 持续的动力可能会将其推向下一个阻力水平，左右为0.21美元。 高于$ 0.21的休息时间将表示缓解销售压力。 然后，进一步的收益可以以0.26美元的价格将50天简单的移动平均线（SMA）定位为0.26美元，这可能是显着的电阻水平。

Dogecoin fell below the $0.18 support level on March 9th, suggesting a resumption of the downtrend. However, if selling pressure returns, DOGE could retest lower support levels. Currently, downward-sloping moving averages and an RSI in negative territory suggest bearish dominance. A continuation of the downturn could see Dogecoin retest support at $0.14.

Dogecoin于3月9日低于0.18美元的支持水平，这表明恢复下降趋势。但是，如果销售压力回报，多奇可以重新测试较低的支持水平。 目前，向下移动的移动平均值和在负区域中的RSI表明看跌优势。 衰退的延续可能会使Dogecoin重新支撑为0.14美元。

For now, Dogecoin's recovery offers renewed hope, but its sustainability depends on broader market conditions and continued investor interest. Read the original article on U.Today

目前，Dogecoin的复苏提供了新的希望，但其可持续性取决于更广泛的市场状况和不断的投资者兴趣。 阅读有关U.Today的原始文章