Dogecoin (DOGE) Poised for Upswing

狗狗币（DOGE）蓄势待发

Dogecoin (DOGE), the prominent crypto-meme coin, is expected to resume its upward trajectory based on recent price action. Over the past three weeks, DOGE has consolidated within a narrow range, forming a bullish pattern on the daily chart.

狗狗币（DOGE）是著名的加密货币，预计根据最近的价格走势将恢复其上涨轨迹。过去三周，DOGE在窄幅区间内盘整，在日线图上形成看涨格局。

Technical Analysis

技术分析

DOGE recently broke out of an ascending triangle pattern, suggesting an upward trend. If it sustains this breakout and closes above $0.45, it has the potential to surge 30% to $0.57 in the near future. The Relative Strength Index (RSI) currently stands at 65, below overbought territory, indicating further upside potential.

DOGE 最近突破了上升三角形形态，表明上涨趋势。如果其维持这一突破并收于 0.45 美元上方，则有可能在不久的将来飙升 30% 至 0.57 美元。相对强弱指数 (RSI) 目前为 65，低于超买区域，表明进一步上涨的潜力。

On-Chain Metrics

链上指标

Whales and institutions have expressed interest in DOGE, as evidenced by on-chain data from IntoTheBlock and Coinglass. The large transaction volume for DOGE has increased by 42% in the past 24 hours, indicating increased whale and institutional participation. Additionally, exchanges have recorded $103.43 million worth of DOGE outflows. In cryptocurrency, outflows typically suggest upside momentum and reduced selling pressure.

IntoTheBlock 和 Coinglass 的链上数据证明，鲸鱼和机构都表达了对 DOGE 的兴趣。 DOGE的大额交易量在过去24小时内增长了42%，表明鲸鱼和机构参与度有所增加。此外，交易所还记录了价值 1.0343 亿美元的 DOGE 流出。在加密货币中，资金流出通常表明上涨动力和抛售压力减少。

Current Price Momentum

当前价格动能

At the time of writing, DOGE is trading at approximately $0.44, representing a 4.10% gain in the past 24 hours. However, trading volume has decreased by 23% during the same period, indicating reduced activity compared to previous days.

截至撰写本文时，DOGE 的交易价格约为 0.44 美元，在过去 24 小时内上涨了 4.10%。然而，同期交易量下降了 23%，表明交易活动较前几天有所减少。