The Dogecoin (DOGE) price has trended upward in 2024 and reached the resistance trend line of its pattern.

狗狗币（DOGE）价格在 2024 年呈上升趋势，并达到其形态的阻力趋势线。

The move is Dogecoin’s second attempt at breaking out. Will it be successful? Let’s find out!

此举是狗狗币第二次尝试突破。会成功吗？让我们来看看吧！

Dogecoin Bounces at Previous Resistance

狗狗币在之前的阻力位反弹

The weekly time frame technical analysis shows the DOGE price broke out from a descending resistance trend line in November 2023. Before the breakout, the trend line had existed for 400 days. DOGE reached a high of $0.107 before falling. 

每周时间框架技术分析显示，DOGE 价格在 2023 年 11 月突破了下降阻力趋势线。在突破之前，该趋势线已经存在了 400 天。 DOGE 在下跌之前触及 0.107 美元的高点。

However, DOGE bounced at the resistance trend line in January 2024 and has increased despite being below its 2023 high. 

然而，DOGE 在 2024 年 1 月在阻力趋势线反弹，尽管低于 2023 年高点，但仍有所上涨。

DOGE/USDT 周线图。来源：TradingView

The weekly Relative Strength Index (RSI) supports continuing the increase.

每周相对强弱指数（RSI）支持继续上涨。

The RSI is a momentum indicator traders use to evaluate whether a market is overbought or oversold, and whether to accumulate or sell an asset.

RSI 是交易者用来评估市场是否超买或超卖以及是否积累或出售资产的动量指标。

Readings above 50 and an upward trend suggest that bulls still have an advantage, while readings below 50 indicate the opposite. The RSI bounced above 50 (green circle) when the price bounced at the resistance trend line, legitimizing the movement.

读数高于 50 且呈上升趋势表明多头仍具有优势，而读数低于 50 则表明相反。当价格在阻力趋势线反弹时，RSI 反弹至 50（绿色圆圈）以上，使这一走势合法化。

DOGE Price Prediction: Breakout Soon?

DOGE 价格预测：即将突破？

The daily time frame chart shows that DOGE has traded inside an ascending parallel channel since June. While it initially broke out above it in November 2023, it fell back inside shortly afterward.

每日时间框架图显示，自 6 月以来，DOGE 一直在上升平行通道内交易。虽然它最初于 2023 年 11 月突破该水平，但不久后又回落至内部。

Despite the drop, DOGE bounced at the channel’s midline and is now attempting to break out from the resistance trend line (red icons). The daily RSI supports the possibility of a breakout since it is above 50 and increasing.

尽管下跌，但狗狗币在通道中线反弹，目前正试图突破阻力趋势线（红色图标）。每日 RSI 支撑突破的可能性，因为它高于 50 并且还在增加。

Cryptocurrency trader InmortalCrypto gives a bullish Dogecoin price prediction, suggesting the meme coin will end its long-term consolidation phase soon and begin a new bull run.

加密货币交易商 InmortalCrypto 给出了看涨的狗狗币价格预测，表明这种 Meme 币将很快结束其长期盘整阶段，并开始新的牛市。

If DOGE breaks out from this channel, it can increase 17% and reach the next resistance at $0.103.

如果 DOGE 突破该通道，它可能会上涨 17%，并达到下一个阻力位 0.103 美元。

DOGE/USDT 每日图表。来源：TradingView

Despite the bullish Dogecoin price prediction, a rejection from the channel’s resistance trend line can cause a 12% drop to its midline at $0.078.

尽管狗狗币价格预测看涨，但如果拒绝该通道的阻力趋势线，可能会导致其中线下跌 12%，至 0.078 美元。

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