Dogecoin Poised for Further Gains as Bullish Triangle Pattern Emerges

随着看涨三角形模式的出现，狗狗币有望进一步上涨

Dogecoin is experiencing a surge in momentum following Bitcoin's recovery above $71,000. This has ignited a wave of euphoria across the crypto market, propelling DOGE above the $0.16 resistance.

随着比特币恢复至 71,000 美元以上，狗狗币的势头猛增。这在整个加密货币市场引发了一波热潮，推动 DOGE 突破 0.16 美元阻力位。

Bullish Triangle Pattern Signals Upside Potential

看涨三角形形态预示着上涨潜力

Crypto analyst Lingrid has identified a bullish triangle pattern on Dogecoin's chart. This formation has historically been associated with price appreciation.

加密货币分析师 Lingrid 在狗狗币图表上发现了看涨三角形模式。从历史上看，这种形成与价格升值有关。

The analyst notes that Dogecoin has been consolidating below the upper boundary of the triangle. This pattern typically leads to a price squeeze, which is highly bullish.

分析师指出，狗狗币一直在三角形上边界下方盘整。这种模式通常会导致价格挤压，这是高度看涨的。

Lingrid has identified a range zone around $0.15 that was crucial to the triangle's formation. The emergence of a range suggests accumulation is underway, signaling the potential for a breakout.

Lingrid 确定了 0.15 美元左右的范围区域，这对于三角形的形成至关重要。区间的出现表明吸筹正在进行中，预示着突破的可能性。

Additionally, Dogecoin has been creating higher lows, further indicating a sustained bullish trend. "If the price breaks through the downward trendline, we can expect a bullish rally to follow," Lingrid states.

此外，狗狗币一直在创造更高的低点，进一步表明持续的看涨趋势。 Lingrid 表示：“如果价格突破下降趋势线，我们预计接下来会出现看涨反弹。”

DOGE Remains Bullish

DOGE仍然看涨

This week, Dogecoin has exhibited strong bullish momentum as investor interest has shifted towards the meme coin. Trading volume has surged over 130% in the past week, reaching nearly $2 billion.

本周，随着投资者的兴趣转向模因币，狗狗币表现出强劲的看涨势头。过去一周交易量飙升超过 130%，达到近 20 亿美元。

Concurrently, there has been a significant increase in Dogecoin's open interest, suggesting that traders are betting heavily on its price. Coinglass data shows an 18% increase in open interest over the past 24 hours, reaching $921.4 million.

与此同时，狗狗币的未平仓合约大幅增加，表明交易者对其价格进行了大量押注。 Coinglass 数据显示，过去 24 小时内未平仓合约增加了 18%，达到 9.214 亿美元。

Historically, an increase in open interest has often correlated with a price rise. Therefore, it is anticipated that Dogecoin's rally will continue.

从历史上看，未平仓合约的增加通常与价格上涨相关。因此，预计狗狗币的涨势将持续。

Currently, DOGE bulls maintain control of the market, driving the price over 8% in the past day. It is currently trading at $0.164, marking a 122% increase over the past year.

目前，DOGE多头继续控制市场，推动价格在过去一天上涨超过8%。目前其交易价格为 0.164 美元，较去年上涨 122%。

Source: Tradingview.com Featured image from Dall.E, chart from Tradingview.com

来源：Tradingview.com 精选图片来自 Dall.E，图表来自 Tradingview.com