Dogecoin Tests 100-Week SMA, Hints at Potential Breakout

Dogecoin测试100周SMA，暗示潜在的突破

Dogecoin (DOGE) has once again interacted with its crucial 100-week simple moving average (SMA), a level historically associated with significant price rallies. This interaction, coupled with a recent 6.1% surge in the last 24 hours (from $0.1539 to $0.1723), has traders closely watching for a potential repeat of past performance.

Dogecoin（Doge）再次与至关重要的100周简单移动平均线（SMA）进行了互动，这是与大量价格集会有关的水平。 这种互动，加上最近24小时的6.1％的增长（从0.1539美元到0.1723美元），交易员密切关注过去的绩效重复。

Historical data shows that previous touches of the 100-week SMA, notably in late 2017 and early 2020, preceded substantial price increases. The current interaction in 2024 is fueling speculation of a similar upward trend. The chart clearly illustrates these past instances of price appreciation following interactions with the 100-week SMA. Currently, DOGE maintains a price of approximately $0.1703.

历史数据表明，以前的100周SMA触摸，尤其是在2017年底和2020年初的价格上涨之前，价格上涨。 2024年的当前相互作用正在加剧对类似上升趋势的猜测。 该图表清楚地说明了与100周SMA相互作用后价格升值的过去实例。 目前，Doge的价格约为0.1703美元。

Technical Indicators Suggest Short-Term Bearish Pressure

技术指标表明短期看跌压力

While the price action is encouraging, technical indicators paint a more nuanced picture. The Relative Strength Index (RSI) currently sits at 33.36, approaching oversold territory. This suggests potential selling pressure, although it also indicates a possible price reversal or relief rally could be imminent.

尽管价格动作令人鼓舞，但技术指标描绘了更细微的图片。目前的相对强度指数（RSI）为33.36，接近超卖领土。 这表明潜在的销售压力，尽管这也表明可能迫在眉睫的价格逆转或救济集会。

Conversely, the Moving Average Convergence Divergence (MACD) indicator shows negative momentum, with the MACD line trading below its signal line. This negative trend reflects low demand and suggests Dogecoin remains in a short-term correction phase.

相反，移动平均收敛差异（MACD）指标显示负动量，MACD线路交易低于其信号线。 这种负趋势反映了需求低，并表明狗狗蛋白仍处于短期校正阶段。

In summary, while the historical significance of the 100-week SMA interaction offers bullish potential, short-term indicators like the RSI and MACD currently point towards bearish pressure. A sustained increase in buying pressure and stabilization of the RSI would likely be necessary to trigger a significant price rise towards resistance levels.

总而言之，虽然100周的SMA相互作用的历史意义提供了看涨的潜力，但如RSI和MACD等短期指标目前指向看跌压力。 购买压力和RSI稳定的持续增加可能是必要的，以触发电阻水平的大幅上涨。

Source: (X), TradingView

来源：（x），TradingView

Tags: Crypto market, cryptocurrency, Doge, Dogecoin

标签：加密货币市场，加密货币，杜克，狗狗币