Dogecoin Bullish Momentum Continues with Second Pennant Formation

狗狗币看涨势头继续，第二三角旗形成

Dogecoin (DOGE) has formed a second bull pennant pattern, signaling a potential breakout toward $0.90. This flag pattern suggests a continuation of the preceding uptrend, as previous breakouts have aligned with bullish movements.

狗狗币 (DOGE) 已形成第二个牛市三角旗模式，预示着可能突破 0.90 美元。该旗形形态表明之前的上升趋势将持续，因为之前的突破与看涨走势一致。

Market Value to Realized Value (MVRV) Ratio Indicates Growth Potential

市场价值与已实现价值 (MVRV) 比率表明增长潜力

The MVRV ratio for DOGE stands at 45.65%, below the crucial level of 78%. This indicates that the asset has room for further growth before reaching overbought territory.

DOGE 的 MVRV 比率为 45.65%，低于 78% 的关键水平。这表明该资产在达到超买区域之前还有进一步增长的空间。

Analysts Forecast Short-Term Correction and Long-Term Bullishness

分析师预测短期修正和长期看涨

While a short-term correction is possible, analysts remain bullish on DOGE's long-term trend. Crypto analyst Trader Tardigrade predicts a potential breakout from the pennant pattern, pushing the price to $0.90.

虽然短期修正是可能的，但分析师仍然看好 DOGE 的长期趋势。加密货币分析师 Trader Tardigrade 预测，可能会突破三角旗模式，将价格推至 0.90 美元。

The post Dogecoin's Second Bull Flag: Key to Massive Breakout? DOGE to $0.90? originally appeared on Coin Edition.

狗狗币的第二个牛市旗：大规模突破的关键？ DOGE 至 0.90 美元？最初出现在硬币版上。