Cover image via U.Today

封面图片来自 U.Today

As the cryptocurrency market navigates ongoing uncertainties, traders and analysts are closely monitoring a potentially significant technical formation for Dogecoin price: a moving average crossover on its weekly chart.

随着加密货币市场应对持续的不确定性，交易员和分析师正在密切关注狗狗币价格的潜在重要技术形态：周线图上的移动平均线交叉。

The nature of the crossing will determine whether it is a bearish "death cross" or a bullish "golden cross."

交叉的性质将决定它是看跌的“死亡交叉”还是看涨的“黄金交叉”。

A golden cross occurs when a shorter-term moving average (typically the 50-day) crosses above a longer-term moving average (such as the 200-day). This bullish signal is often interpreted as a strong indication of upward momentum and potential price increases.

当短期移动平均线（通常是 50 天）穿过长期移动平均线（例如 200 天）上方时，就会出现黄金交叉。这种看涨信号通常被解释为上升势头和潜在价格上涨的强烈迹象。

While golden crosses can occur on various time frames, a weekly golden cross holds particular significance as it reflects longer-term trends and investor sentiment. DOGE/USD Weekly Chart, Courtesy: TradingView
In the case of Dogecoin, the 50-week SMA is rising northward and appears likely to move above the 200-week SMA, potentially resulting in a golden cross formation in the coming weeks. While expectations are in place for a golden cross, traders may need to observe the nature of the crossing to confirm it.

虽然黄金交叉可以在不同的时间范围内发生，但每周黄金交叉具有特别重要的意义，因为它反映了长期趋势和投资者情绪。 DOGE/USD 周线图，提供：TradingView 就狗狗币而言，50 周移动平均线正在向北上升，并且似乎可能会突破 200 周移动平均线，从而可能在未来几周内形成金叉。虽然人们对黄金交叉有预期，但交易者可能需要观察交叉的性质来确认它。

Dogecoin's journey toward this impending crossover has been marked by fluctuations. Following a steady decline since May 6 from highs of around $0.168, the dog-themed coin has shown resilience, finding support around the $0.142 level.

狗狗币走向这一即将到来的交叉的旅程充满了波动。自 5 月 6 日以来，这种以狗为主题的代币从 0.168 美元左右的高点稳步下跌，之后表现出了韧性，在 0.142 美元附近找到了支撑。

At the time of writing, Dogecoin was trading down 4.68% in the last 24 hours to $0.144 as the crypto market faced selling pressure.

截至撰写本文时，由于加密市场面临抛售压力，狗狗币在过去 24 小时内下跌 4.68% 至 0.144 美元。

Implications of a Potential Golden Cross

潜在金十字的含义

The last time Dogecoin witnessed a weekly golden cross was in early January 2021, resulting in an astonishing 7,996% price increase over the next four months. Dogecoin later rose to an all-time high of $0.737 on May 8, 2021.

狗狗币上一次出现每周黄金交叉是在 2021 年 1 月上旬，导致接下来四个月的价格上涨了惊人的 7,996%。狗狗币后来于 2021 年 5 月 8 日升至历史新高 0.737 美元。

While past performance is no guarantee of future results, the prospect of another golden cross has certainly captured the attention of the DOGE community.

虽然过去的表现并不能保证未来的结果，但另一个金十字的前景无疑引起了 DOGE 社区的关注。

For traders, the golden cross is a signal to watch closely, as it could indicate the beginning of a new uptrend. However, it is crucial to approach such indicators with caution, as they can sometimes lead to false signals, potentially trapping traders on the wrong side of the market.

对于交易者来说，金叉是一个需要密切关注的信号，因为它可能表明新的上升趋势的开始。然而，谨慎对待这些指标至关重要，因为它们有时会导致错误信号，可能使交易者陷入错误的市场方向。