The king of the memecoins, Dogecoin (DOGE), has been following the general sentiment in the crypto market as it breaks out from a critical level. The token experienced selling pressure on low timeframes but seems poised for further profits.

当加密货币市场突破关键水平时，模因币之王狗狗币（DOGE）一直在关注加密货币市场的总体情绪。该代币在较短的时间内经历了抛售压力，但似乎有望获得进一步的利润。

As of this writing, Dogecoin (DOGE) trades at $0.078 with a 1% loss in the last 24 hours. Over the previous seven days, the memecoin held 6% in profits, operating as a top performer in the top 10 by market capitalization.

截至撰写本文时，狗狗币 (DOGE) 的交易价格为 0.078 美元，在过去 24 小时内下跌了 1%。在过去 7 天里，memecoin 的利润为 6%，在市值排名前 10 名中表现最好。

Dogecoin On Route For $0.10? Analyst Makes Bullish Case

狗狗币售价 0.10 美元？分析师看好

As mentioned, the Dogecoin rally has found hurdles over today’s trading session, with the price returning below the critical level at $0.08. Crypto trader Rekt Capital claims that the recent price action confirmed a bullish trajectory for the token.

如前所述，狗狗币的反弹在今天的交易时段遇到了障碍，价格回到了 0.08 美元的关键水平以下。加密货币交易商 Rekt Capital 声称，最近的价格走势证实了该代币的看涨轨迹。

The chart below shows that Dogecoin completed a path from its yearly lows at $0.052 across October and November. As the bulls pushed upwards, the cryptocurrency broke its descending channel, setting a path towards the area above $0.11, last seen in 2022.

下图显示，狗狗币在 10 月和 11 月完成了从年度低点 0.052 美元的上涨。随着多头上涨，加密货币突破了下降通道，迈向 0.11 美元上方区域，上次出现在 2022 年。

DOGE Price Likely To Return To All-Time High

DOGE 价格可能会回到历史高位

A separate report from another crypto trader looks at Dogecoin over high timeframes. The token is close to completing a bigger breakout over its Bitcoin (BTC) trading pair on this horizon.

另一位加密货币交易员的另一份报告在较长时间内研究了狗狗币。该代币即将完成对其比特币（BTC）交易对的更大突破。

The analyst cites a series of positive fundamentals for Dogecoin, including its scalability and “low energy consumption” transactions. On the chart above and pointing to the moving average convergence/divergence (MACD) indicator, the analyst stated:

这位分析师列举了狗狗币的一系列积极的基本面，包括其可扩展性和“低能耗”交易。在上图中，分析师指出移动平均线收敛/发散 (MACD) 指标：

In the $DOGE / $BTC trading pair, bullish patterns and indicators have been observed in the higher timeframes. Notably, a falling wedge pattern is evident in the 4-day timeframe, accompanied by a bullish crossover in the MACD indicator.

在 $DOGE / $BTC 交易对中，在较高时间范围内观察到看涨模式和指标。值得注意的是，在 4 天时间范围内，下降楔形形态很明显，同时 MACD 指标出现看涨交叉。

It remains to be seen if DOGE can return to its 2022 and 2021 high against its Bitcoin and USDT trading pairs. The bullish momentum in the crypto market is holding, albeit with an increase in selling pressure, possibly triggered by speculators taking profit at current levels.

DOGE 相对于比特币和 USDT 交易对能否回到 2022 年和 2021 年的高点还有待观察。尽管抛售压力有所增加，但加密货币市场的看涨势头仍在持续，这可能是由投机者在当前水平获利了结引发的。

Cover image from Unsplash, chart from Tradingview

封面图片来自 Unsplash，图表来自 Tradingview