- Dogecoin (DOGE) shows signs of a potential price breakout after months of range-bound trading.
- A high-volume breakout in November 2023 propelled DOGE to a new yearly high of $0.108.
- Market analysts observe growing strength in DOGE as it attempts to break out of a short-term descending channel.
经过数月的区间交易后,狗狗币(DOGE)显示出潜在价格突破的迹象。
2023 年 11 月的大成交量突破将 DOGE 推升至 0.108 美元的年度新高。
市场分析师观察到 DOGE 的力量不断增强,因为它试图突破短期下降通道。
The meme-inspired cryptocurrency Dogecoin (DOGE) appears primed for a price breakout after multiple months of range-bound trading. DOGE has been constrained under a long-term descending resistance trendline since its meteoric rise to fame in early 2021.
经过数月的区间交易后,受模因启发的加密货币狗狗币(DOGE)似乎已做好价格突破的准备。自 2021 年初迅速崛起以来,DOGE 一直受到长期下降阻力趋势线的制约。
However, a high-volume breakout in November 2023 allowed DOGE to surge to a new yearly high of $0.108. According to market analysts, DOGE is exhibiting growing signs of strength after its pullback from local highs. The token is attempting to break out of a short-term descending channel by improving network fundamentals.
然而,2023 年 11 月的大成交量突破使 DOGE 飙升至 0.108 美元的年度新高。市场分析师表示,狗狗币从局部高点回落后,显示出越来越强的迹象。该代币试图通过改善网络基本面来突破短期下降通道。
Rise in Dogecoin addresses depicts rising interest
狗狗币地址的增加表明兴趣的增加
Crypto trader Ali Martinez noted the rising creation of new DOGE addresses—a positive indicator of expanding on-chain activity. With its passionate community engagement, DOGE continues to remain among the most widely held tokens globally.
加密货币交易员 Ali Martinez 指出,新 DOGE 地址的创建不断增加,这是链上活动扩大的积极指标。凭借其热情的社区参与,DOGE 继续保持全球持有最广泛的代币之列。
After its breakout in November, DOGE set its sights on a horizontal resistance zone between $0.105 and $0.110. The area near $0.108 marked the local top as bullish momentum waned. Since then, DOGE has traded in a corrective descending channel, finding reliable support near $0.087.
11 月突破后,DOGE 将目标锁定在 0.105 美元至 0.110 美元之间的水平阻力区。随着看涨势头减弱,0.108 美元附近的区域标志着局部顶部。此后,DOGE 一直在修正性下降通道中交易,在 0.087 美元附近找到了可靠的支撑。
The ability to hold above critical support levels indicates sustained buyer interest. DOGE appears poised to make another push towards its overhead resistance target. The weekly and daily Relative Strength Index (RSI) also point to gathering upside momentum.
能够保持在关键支撑位之上表明买家有持续的兴趣。 DOGE 似乎准备再次推动其上方阻力目标。每周和每日相对强弱指数(RSI)也表明上行势头正在增强。
The months ahead promise to be eventful for the popular meme token as it attempts to reclaim bullish momentum. DOGE continues to enjoy feverish community engagement that has become a staple of the token’s identity. If improved network usage statistics persist, DOGE could be primed for an explosive move in 2024.
未来几个月对于流行的模因代币来说将是多事之秋,因为它试图恢复看涨势头。 DOGE 继续享有狂热的社区参与,这已成为代币身份的主要内容。如果网络使用统计数据持续改善,DOGE 可能会在 2024 年爆发。