The world's first meme coin, Dogecoin (DOGE), could be poised for a new yearly high as it rallied over the past three days leading up to October 29. On Tuesday, the digital asset surged 8%, which set the stage for a potential breakout.

世界上第一个模因代币狗狗币 (DOGE) 可能会创下年度新高，因为它在 10 月 29 日之前的过去三天里上涨。周二，这种数字资产飙升 8%，这为潜在的突破。

As of October 29, DOGE has been striving to maintain a move above the $0.1756 resistance level. This pushed Dogecoin into a rectangular channel after a brief surge of 15% over a few hours. However, persistent selling pressure caused the token to retreat and reject this level.

截至 10 月 29 日，DOGE 一直努力维持在 0.1756 美元阻力位之上。这使得狗狗币在几个小时内短暂飙升 15% 后进入矩形通道。然而，持续的抛售压力导致代币回落并拒绝这一水平。

The meme coin has gained 33% since Saturday, October 26, when it bounced off the 100-day Simple Moving Average (SMA). As Dogecoin's buying momentum continues, the token has the potential to surpass its yearly high of $0.2288. However, before reaching that milestone, DOGE must reclaim and hold above the $0.1756 level.

自 10 月 26 日星期六以来，Meme 币已从 100 天简单移动平均线 (SMA) 反弹，上涨了 33%。随着狗狗币购买势头的持续，该代币有可能突破 0.2288 美元的年度高点。然而，在达到这一里程碑之前，DOGE 必须收回并保持在 0.1756 美元的水平之上。

There is a heightened risk of a price correction for Dogecoin, as indicated by the token's Relative Strength Index (RSI), which currently resides in the overbought zone.

正如该代币的相对强弱指数 (RSI) 所示，该指数目前位于超买区域，该指数存在较高的价格调整风险。

According to data from reputable crypto metrics platforms, the chances of a price correction are high as over 92% of the token's supply is currently being held in profit. This may prompt crypto investors to partially cash in their profits, which could lead to increased selling pressure on Dogecoin holders.

根据知名加密指标平台的数据，价格调整的可能性很高，因为目前超过 92% 的代币供应量都处于盈利状态。这可能会促使加密货币投资者兑现部分利润，从而可能导致狗狗币持有者的抛售压力增加。

The meme coin's Market Value to Realized Value (MVRV) Ratio is currently at 77%, its highest point in five months. The MVRV is a key indicator of selling pressure, as it calculates the average profit of all holders based on the price at which each token last moved. A high MVRV suggests that DOGE token holders have gained 81% on their initial investment, implying a potential price correction.

Meme 币的市场价值与实现价值 (MVRV) 比率目前为 77%，为五个月以来的最高点。 MVRV 是抛售压力的关键指标，因为它根据每个代币上次变动的价格计算所有持有者的平均利润。高 MVRV 表明 DOGE 代币持有者的初始投资已获得 81% 的收益，这意味着潜在的价格调整。

As Dogecoin's MVRV approaches levels witnessed during the previous meme coin season, crypto traders anticipate a resurgence of the meme coin craze, similar to the one seen in May.

随着狗狗币的 MVRV 接近上一个 Meme 币季节的水平，加密货币交易者预计 Meme 币热潮将卷土重来，类似于 5 月份的情况。

In fact, the entire meme coin sector has experienced a surge of 11%, with tokens such as Dogwifhat (WIF), PEPE, and Shiba Inu (SHIB) witnessing significant gains.

事实上，整个 meme 币行业经历了 11% 的飙升，其中 Dogwifhat (WIF)、PEPE 和 Shiba Inu (SHIB) 等代币涨幅显着。

As of October 30, Dogecoin trades at $0.1684, down 3.21% over the past 24 hours, while its trading volume has dropped by 33% to $2.75 billion. Currently, the digital asset has a market capitalization of $24.69 billion, representing a 3.42% decline.

截至10月30日，狗狗币交易价格为0.1684美元，过去24小时下跌3.21%，交易量则下降33%至27.5亿美元。目前，该数字资产市值为246.9亿美元，下跌3.42%。