Dogecoin (DOGE) Trading Volume Reaches $1.09 Billion, Indicating Bullish Signs

Dogecoin (DOGE), the popular cryptocurrency known for its Shiba Inu logo, has experienced a significant surge in trading volume, reaching an impressive $1.09 billion in just 24 hours. This 146% increase reflects a growing interest from investors, as Dogecoin continues to gain traction with its playful charm and solid community support.

狗狗币 (DOGE) 交易量达到 10.9 亿美元，显示看涨迹象狗狗币 (DOGE) 是一种以其柴犬标志而闻名的流行加密货币，其交易量大幅飙升，在短短 24 小时内就达到了令人印象深刻的 10.9 亿美元。 146% 的增长反映了投资者日益增长的兴趣，因为狗狗币以其有趣的魅力和坚实的社区支持继续获得关注。

Dogecoin's Trading Volume Surge

Dogecoin's trading volume has witnessed a remarkable spike in large transactions, amounting to approximately 8.61 billion DOGE. This surge comes amid a broader crypto market downturn, with Bitcoin's recent decline and speculations surrounding potential sales of U.S. government-held cryptocurrencies adding to the uncertainty.

狗狗币交易量激增狗狗币交易量在大额交易中出现显着飙升，交易量约为86.1亿DOGE。这一飙升发生在加密货币市场更广泛的低迷时期，比特币最近的下跌以及围绕美国政府持有的加密货币的潜在销售的猜测增加了不确定性。

Despite the overall market conditions, Dogecoin has maintained its momentum, with its trading volume increase signaling the growing confidence of large investors and institutions.

尽管整体市场状况不佳，但狗狗币仍保持了增长势头，交易量的增加表明大型投资者和机构的信心不断增强。

Potential Bull Run on the Horizon

Crypto trader Kevin suggests that a bullish rally for Dogecoin may be approaching based on the latest Dogecoin/Bitcoin chart. He observes a recent bullish signal from the 3-day Moving Average Convergence/Divergence (MACD) indicator, which has historically indicated a surge in DOGE against BTC.

潜在的牛市即将来临加密货币交易员凯文表示，根据最新的狗狗币/比特币图表，狗狗币的看涨反弹可能即将到来。他观察到 3 日移动平均线收敛/发散 (MACD) 指标近期出现看涨信号，该指标历来表明 DOGE 兑 BTC 价格飙升。

Kevin also highlights potential catalysts for altcoin growth, including a possible pivot from the Federal Reserve and Bitcoin's dominance reaching a crucial level. However, he cautions investors to exercise patience and monitor the market carefully.

凯文还强调了山寨币增长的潜在催化剂，包括美联储可能的转向以及比特币的主导地位达到关键水平。不过，他提醒投资者保持耐心并仔细监控市场。

Dogecoin's Future Outlook

Technical analysis indicates that Dogecoin has the potential to rebound if it can maintain the 50-day SMA as support. A bounce back could lead to higher levels, potentially reaching the 200-day SMA at $0.134. Sustained rally momentum could push the price up to $0.14 or even $0.18.

狗狗币的未来展望技术分析表明，如果狗狗币能够维持50日移动平均线的支撑，狗狗币就有反弹的潜力。反弹可能会导致更高的水平，有可能达到 0.134 美元的 200 日移动平均线。持续的上涨势头可能会将价格推高至 0.14 美元甚至 0.18 美元。

On the other hand, if the price falls below the $0.12 support level, further declines are possible, reaching as low as $0.10. However, it is important to note that Dogecoin is still down 1.6% in the last 24 hours and 5.42% over the past week.

另一方面，如果价格跌破 0.12 美元的支撑位，则可能进一步下跌，最低至 0.10 美元。不过，值得注意的是，狗狗币在过去 24 小时内仍下跌 1.6%，过去一周下跌 5.42%。