The world’s largest memecoin Dogecoin (DOGE) has been a dull performer throughout the altcoin bull over the last few months. However, DOGE is forming a very similar chart pattern before its mega bull run in 2021. Thus, if history repeats this time, the Dogecoin (DOGE) price could be eyeing a potential target of $10 in the next bull run.

全球最大的模因币狗狗币（DOGE）在过去几个月的山寨币牛市中表现平淡。然而，DOGE 在 2021 年的大牛市之前正在形成非常相似的图表模式。因此，如果这次历史重演，狗狗币 (DOGE) 的价格可能会在下一次牛市中瞄准 10 美元的潜在目标。

Dogecoin (DOGE) Price Gearing for A Mega Rally?

狗狗币（DOGE）价格准备好大涨吗？

Renowned crypto analyst Ali Martinez observes striking similarities in the price behavior of Dogecoin between its recent movements and those witnessed in 2020, suggesting a potential repeat of historical patterns.

著名加密货币分析师阿里·马丁内斯 (Ali Martinez) 观察到狗狗币近期走势与 2020 年的价格走势惊人相似，这表明历史模式可能会重演。

Martinez highlights the resemblance between Dogecoin’s current price action and its behavior in 2020, wherein the cryptocurrency broke out from a descending triangle pattern, entered a phase of consolidation, and subsequently experienced an exponential surge of 28,770%.

马丁内斯强调了狗狗币当前的价格行为与 2020 年的行为之间的相似之处，其中加密货币突破了下降三角形模式，进入了盘整阶段，随后经历了 28,770% 的指数级飙升。

礼貌：阿里·马丁内斯

Presently, Dogecoin appears to be replicating this pattern, having recently broken out of a descending triangle and now undergoing a consolidation phase. The analyst added that this consolidation phase could be setting up the stage for the next bull run.

目前，狗狗币似乎正在复制这种模式，最近突破了下降三角形，现在正处于盘整阶段。这位分析师补充说，这一盘整阶段可能为下一次牛市奠定基础。

However, note that investors have been long awaiting the Dogecoin price to rally to $1. During the last bull run, the DOGE price touched its all-time high of 66 cents and corrected almost 90% since then. At press time, DOGE is trading at $0.084 with a market cap of $12.05 billion, holding above its 20-day SMA.

然而，请注意，投资者一直在等待狗狗币价格上涨至 1 美元。在上一次牛市期间，DOGE 价格触及 66 美分的历史高点，此后修正了近 90%。截至发稿，DOGE 的交易价格为 0.084 美元，市值为 120.5 亿美元，高于 20 日移动平均线。

Nonetheless, according to the Bollinger Bands technical indicator, the bulls currently encounter significant resistance near $0.089. A clear breakthrough above the $0.089 barrier, positioned at the upper Bollinger Band of $0.089, has the potential to initiate a substantial bullish surge toward the anticipated Dogecoin price target of $0.1.

尽管如此，根据布林带技术指标，多头目前在 0.089 美元附近遇到重大阻力。明显突破 0.089 美元的关口（位于布林线上限 0.089 美元），有可能引发狗狗币大幅看涨，向预期的 0.1 美元目标价格迈进。

DOGE Whales Accumulate

DOGE鲸鱼积累

Interestingly, on-chain data indicates that a cohort of strategic whale investors has opted to seize the opportunity presented by the market dip instead of participating in the current trend of selling off assets. The Santiment chart provided illustrates the dynamic shifts occurring in the balance of whale wallets, each containing a minimum of 10 million DOGE (~$800,000), offering real-time insights into their investment behaviors.

有趣的是，链上数据显示，一批战略鲸鱼投资者选择抓住市场下跌的机会，而不是参与当前的资产抛售趋势。提供的 Santiment 图表说明了鲸鱼钱包余额中发生的动态变化，每个钱包至少包含 1000 万个 DOGE（约 800,000 美元），提供对其投资行为的实时洞察。

礼貌：桑蒂门特

The Dogecoin whale balance currently stands at more than 15 billion DOGE tokens.

目前狗狗币鲸鱼余额超过 150 亿枚 DOGE 代币。

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Bhushan is a FinTech enthusiast and holds a good flair in understanding financial markets. His interest in economics and finance draw his attention towards the new emerging Blockchain Technology and Cryptocurrency markets. He is continuously in a learning process and keeps himself motivated by sharing his acquired knowledge. In free time he reads thriller fictions novels and sometimes explore his culinary skills.

Bhushan 是一位金融科技爱好者，对金融市场有着很好的了解。他对经济和金融的兴趣引起了他对新兴区块链技术和加密货币市场的关注。他不断地处于学习过程中，并通过分享所学到的知识来保持自己的动力。在空闲时间，他会阅读惊悚小说，有时还会探索自己的烹饪技巧。

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

所呈现的内容可能包含作者的个人意见，并受市场情况的影响。在投资加密货币之前先进行市场研究。作者或出版物对您的个人经济损失不承担任何责任。