随着加密货币市场整合，狗狗币攀升至 27 个月高点

You can also read this news on COINTURK NEWS: Dogecoin Climbs to a 27-Month High as Crypto Market Consolidates

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Crypto currency market is witnessing a consolidation before the halving as evidenced by the narrow range formation in Bitcoin (BTC). While the majority of major altcoins are following the same trend, the leading cryptocurrency Dogecoin (DOGE) reached $0.228, its highest level in 27 months, displaying a significant rise.

加密货币市场在减半之前正在经历盘整，比特币（BTC）的窄幅波动就证明了这一点。虽然大多数主要山寨币都遵循同样的趋势，但领先的加密货币狗狗币（DOGE）达到了 0.228 美元，为 27 个月以来的最高水平，显示出显着上涨。

Bitcoin Boosts DOGE’s Performance

比特币提升了 DOGE 的表现

As we approach April, the month planned for the Bitcoin halving, the market may be preparing for a potential uptrend in the coming weeks. Will the indicated market recovery push the DOGE price to the pivotal $0.3 mark? Dogecoin’s price rebounded after the last correction in the fourth week of March, supported by buyers at the 50-day EMA. This positive turnaround propelled the token to a growth of 86%, rising from $0.122 to $0.21.

随着四月的临近，即比特币计划减半的月份，市场可能正在为未来几周的潜在上涨趋势做准备。市场复苏是否会将 DOGE 价格推至关键的 0.3 美元关口？狗狗币的价格在 3 月第四周的最后一次调整后反弹，受到 50 日均线买家的支撑。这一积极的转变推动代币增长了 86%，从 0.122 美元上涨至 0.21 美元。

The rising price also surpassed the previous peak of $0.192, providing buyers with the next step to extend the recovery. Amid the current market consolidation trend, DOGE’s price is seeing a minor retracement of 8% within 72 hours and is currently trading at $0.21. Dogecoin, with a market value of $30.2 billion, maintains its position as the 8th largest cryptocurrency according to the 21milyon.com website.

上涨的价格也超过了之前的峰值 0.192 美元，为买家提供了下一步延长复苏的机会。在当前的市场整合趋势中，DOGE 的价格在 72 小时内小幅回撤 8%，目前交易价格为 0.21 美元。根据 21milyon.com 网站的数据，狗狗币的市值为 302 亿美元，保持第八大加密货币的地位。

Price Analysis for DOGE

DOGE 价格分析

Furthermore, the analysis of the higher time frame chart indicates a parabolic growth resembling the formation of a round bottom. The chart pattern in Dogecoin can often be considered a sign of the bottom of a downtrend and an opportunity for the emergence of a new bull run.

此外，对较高时间框架图表的分析表明，抛物线增长类似于圆底的形成。狗狗币的图表模式通常可以被视为下降趋势底部的标志以及新牛市出现的机会。

The crypto currency market’s expected response to the upcoming halving, in line with historical trends and investor expectations, could align with the formation of Dogecoin’s price rise. With sustained buying, the current uptrend could follow the potential target of $0.3, followed by $0.35 and $0.448. In conclusion, while the crypto currency market is in a consolidation phase with Bitcoin’s narrow range formation before the halving, Dogecoin has shown significant growth, reaching its highest level in 27 months. Dogecoin’s price is indicating a potential uptrend towards a $0.3 target following the correction in the fourth week of March.

加密货币市场对即将到来的减半的预期反应，符合历史趋势和投资者的预期，可能与狗狗币价格上涨的形成一致。如果持续买盘，当前的上涨趋势可能会追随 0.3 美元的潜在目标，然后是 0.35 美元和 0.448 美元。总而言之，虽然加密货币市场正处于比特币减半前窄幅震荡的盘整阶段，但狗狗币却表现出显着增长，达到 27 个月来的最高水平。狗狗币的价格表明，继 3 月第四周的调整之后，狗狗币的价格可能会上涨至 0.3 美元的目标。