The Dogecoin (DOGE) price has consolidated in the past two months but is gradually gaining upward momentum.

狗狗币（DOGE）的价格在过去两个月中一直盘整，但正在逐渐获得上涨动力。

DOGE broke out from a short-term resistance but still trades inside a long-term corrective pattern.

狗狗币突破了短期阻力位，但仍然在长期修正模式内交易。

Dogecoin Consolidates Inside Corrective Pattern

狗狗币巩固内部修正模式

The technical analysis of the daily time frame shows that DOGE has traded inside an ascending parallel channel since June 2023. The price seemingly broke out in December, reaching a new yearly high of $0.107.

每日时间框架的技术分析显示，自 2023 年 6 月以来，DOGE 一直在上升平行通道内交易。价格似乎在 12 月突破，达到 0.107 美元的年度新高。

However, the DOGE price has fallen since, validating the channel as resistance twice in January 2024 (red icon). Despite the DOGE rejection, it still trades in the pattern’s upper portion. 

然而，此后 DOGE 价格开始下跌，并在 2024 年 1 月两次验证该通道为阻力位（红色图标）。尽管 DOGE 遭到拒绝，但它仍然在该形态的上部进行交易。

DOGE/USDT 每日图表。来源：TradingView

The daily Relative Strength Index (RSI) has turned bullish. When evaluating market conditions, traders use the RSI as a momentum indicator to determine whether a market is overbought or oversold and whether to accumulate or sell an asset.

每日相对强度指数（RSI）已转为看涨。在评估市场状况时，交易者使用 RSI 作为动量指标来确定市场是否超买或超卖以及是否积累或出售资产。

If the RSI reading is above 50 and the trend is upward, bulls still have an advantage, but if the reading is below 50, the opposite is true. This week, the indicator increased above 50 (green icon), indicating a bullish trend.

如果RSI读数高于50并且趋势向上，多头仍然具有优势，但如果读数低于50，则相反。本周，该指标升至 50 以上（绿色图标），表明看涨趋势。

DOGE Price Prediction: Where to Next?

DOGE 价格预测：下一步何去何从？

The six-hour time frame supports the ongoing bounce and suggests it will continue. This is because the DOGE price broke out from a descending resistance trend line on Feb. 9 and validated it as support four days later (green icon).

六小时的时间框架支持了持续的反弹，并表明反弹将持续下去。这是因为 DOGE 价格在 2 月 9 日突破下降阻力趋势线，并在四天后将其验证为支撑位（绿色图标）。

This is a common movement after breakouts and usually leads to trend continuation.

这是突破后的常见走势，通常会导致趋势延续。

The bounce is also supported by the RSI, which increased above 50 (green circle) once the Dogecoin price bounced at the trend line.

此次反弹也受到 RSI 的支撑，一旦狗狗币价格在趋势线反弹，RSI 就会升至 50（绿色圆圈）以上。

However, there is still a strong horizontal resistance level at $0.088, which coincides with the resistance trend line of the long-term channel.

不过，0.088美元仍存在较强的水平阻力位，该阻力位与长期通道的阻力趋势线重合。

If DOGE breaks out, it will confirm its trend reversal and can initiate a 25% increase to the next resistance at $0.102.

如果 DOGE 突破，它将确认其趋势反转，并可能上涨 25% 至下一个阻力位 0.102 美元。

DOGE/USDT 六小时图。来源：TradingView

Despite the bullish DOGE price prediction, closing below the $0.078 area can trigger a 20% drop to the next closest support at $0.066.

尽管 DOGE 价格预测看涨，但收盘价低于 0.078 美元区域可能会引发 20% 的下跌，至下一个最接近的支撑位 0.066 美元。

Why Dogecoin Is The MOST Underrated Cryptocurrency – YouTube

为什么狗狗币是最被低估的加密货币 – YouTube

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