The king of cryptocurrencies is once again above $37,500, and it could test $38,000 in the coming hours. The lack of a significant drop after the previous test has increased the risk appetite of altcoin investors. Investors who believe in the success of the upcoming test are already sending overbought signals in some altcoins like Mina Coin. So, what are the expectations for Dogecoin?

加密货币之王再次突破 37,500 美元，并可能在未来几个小时内测试 38,000 美元。上次测试后并未出现大幅下跌，这增加了山寨币投资者的风险偏好。相信即将到来的测试会成功的投资者已经在一些山寨币（如米娜币）中发出超买信号。那么，人们对狗狗币有何期待呢？

Dogecoin (DOGE) Analysis

狗狗币（DOGE）分析

Following the sell-offs on November 20, the cumulative reserves of DOGE miners had dropped to 4.17 billion. However, the reserves have been increasing in the last 3 days, reaching 4.57 billion today, returning to the levels at the beginning of November.

11月20日抛售后，DOGE矿商的累计储备金已降至41.7亿枚。不过，最近三天储备金一直在增加，今天达到45.7亿，回到11月初的水平。

There is a 5% increase in reserves in the 7-day period and a 1.1% monthly reserve growth. Moreover, the erosion of reserves in the 90-day period has also decreased to 2.5%. Since the sell-offs by miners seem to have reversed for now, the price increase may continue.

7天期间准备金增加5%，月准备金增长1.1%。而且，90天期间的储备侵蚀也下降至2.5%。由于目前矿商的抛售似乎已经逆转，价格可能会继续上涨。

The number of addresses holding DOGE for 1 day to 1 week has increased by 120%. There is also a 30% increase in the number of addresses holding DOGE for 6-12 months. These two data suggest that investors who aim for short-term profits in DOGE may have weakened. As expected, the meme coin king may start its stable rise.

持有DOGE 1天至1周的地址数量增加了120%。持有 DOGE 6-12 个月的地址数量也增加了 30%。这两项数据表明，以 DOGE 短期获利为目标的投资者可能已经减弱。不出所料，meme币王或将开始稳定上涨。

DOGE Price Predictions

DOGE 价格预测

The on-chain data is positive, but what will be the price in dollars? DOGE is currently finding buyers at $0.077. This level was a region where profit-taking was intense in previous weeks. The long tail in the last 2 weeks confirms the increase in the number of holders for 1-7 days. If the price can close above $0.077, it can turn $0.08 into support again.

链上数据是积极的，但美元价格是多少？ DOGE 目前正在以 0.077 美元的价格寻找买家。该水平是前几周获利回吐较为激烈的区域。近2周的长尾证实了1-7天持有量的增加。如果价格收盘高于 0.077 美元，则可以再次将 0.08 美元转变为支撑位。

After that, breaking through the $0.084 and $0.087 regions is expected. The ongoing recovery after the rapid reversal of the recent rally suggests that a $0.1 movement may be imminent.

此后，预计将突破 0.084 美元和 0.087 美元区域。近期涨势迅速逆转后的持续复苏表明 0.1 美元的走势可能即将到来。

Of course, the strong stance of BTC is required for this. If the king of cryptocurrencies continues to close below $37,000, it will cause weakness in these altcoins as well. Investors are currently waiting for the breakthrough of $38,000 after the Binance consensus. With the realization of this expectation, we will see parabolic rallies in altcoins. Of course, it is impossible to predict the future, and assumptions are not news from the future.

当然，这需要BTC的强势立场。如果加密货币之王的收盘价继续低于 37,000 美元，也将导致这些山寨币走软。投资者目前正在等待币安共识后突破 38,000 美元。随着这一预期的实现，我们将看到山寨币的抛物线反弹。当然，预测未来是不可能的，假设也不是来自未来的新闻。

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