Dogecoin's (DOGE) price is undergoing a major cool-off after printing a bearish close on March 29 on the daily chart. This drawdown comes after the meme coin recorded a massive upsurge of 28% in the trailing seven-day period. At the time of writing, Dogecoin is down by 1.33% in the past 24 hours to $0.211.

狗狗币 (DOGE) 的价格在 3 月 29 日日线图上出现看跌收盘后，正在经历大幅降温。此次下跌是在 Meme 币在过去 7 天内大幅上涨 28% 后发生的。截至撰写本文时，狗狗币在过去 24 小时内下跌 1.33%，至 0.211 美元。

Though the parabolic 28% surge of the past week has hit a brick wall at this time, the price and network growth trend of DOGE for the better part of the month showcases what to expect in both the short and long term. Dogecoin started the month on a bullish note with a price of $0.1164. From March 1 through March 4, the coin recorded successive green daily candles but suffered a steep correction on March 5.

尽管过去一周 28% 的抛物线式飙升此时已经碰壁，但 DOGE 在本月大部分时间的价格和网络增长趋势展示了短期和长期的预期。狗狗币本月开局看涨，价格为 0.1164 美元。从 3 月 1 日到 3 月 4 日，该代币连续录得绿色日蜡烛，但在 3 月 5 日遭遇大幅回调。

This correction extended until March 19, from which a bullish reversal was recorded. At this point, the price jumped from $0.12368 to a monthly high of $0.22847 as of March 27. This erratic movement shows that the price of Dogecoin is dynamic and might wriggle out of the current drawdown.

这种修正一直持续到 3 月 19 日，从那时起出现了看涨逆转。此时，价格从 0.12368 美元跃升至截至 3 月 27 日的月度高点 0.22847 美元。这种不稳定的走势表明狗狗币的价格是动态的，可能会摆脱当前的下跌。

The daily charts show an ongoing bull-bear war, one that might be decided by the broader trend in the industry.

日线图显示了一场持续的牛熊大战，这场战争可能由行业的整体趋势决定。

Dogecoin stiff resistance to watch

狗狗币僵硬耐看

Besides the general market outlook and whale actions, data from the crypto analytics platform IntoTheBlock (ITB) has showcased the major resistance point for the DOGE price.

除了总体市场前景和鲸鱼行动之外，加密货币分析平台 IntoTheBlock (ITB) 的数据也显示了 DOGE 价格的主要阻力点。

With the 88.98% jump in the addresses in profit coming in at 5.52 million addresses, the data posits that a total of 6.47 billion DOGE serves as a barrier to watch.

利润增长 88.98%，达到 552 万个地址，数据显示，总共 64.7 亿个 DOGE 是值得关注的障碍。

狗狗币 I/O 货币图表。来源：IntoTheBlock

A total of 573,840 addresses have a stake at this point and current charts show this is the last major barrier to set Dogecoin on its way toward retesting its all-time high (ATH) price of $0.7376.

目前共有 573,840 个地址持有股份，当前图表显示，这是狗狗币重新测试 0.7376 美元历史高点 (ATH) 价格的最后一个主要障碍。