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Recently, Dogecoin has shown a significant increase against the dollar, gaining over 33% in value. With this rise, DOGE has surpassed the $0.120 resistance level and has started moving towards the $0.132 resistance. At this stage, DOGE investors had been in anticipation for a long time. Now, with the recent increase, smiles are somewhat brighter. So, what can be expected for DOGE?
最近,狗狗币兑美元汇率大幅上涨,涨幅超过 33%。随着这一上涨,DOGE 已突破 0.120 美元的阻力位,并开始向 0.132 美元的阻力位移动。这一阶段,DOGE投资者已经期待已久。现在,随着最近的增加,笑容有些灿烂了。那么,对于 DOGE 可以期待什么呢?
Dogecoin (DOGE) on the Rise
狗狗币(DOGE)的崛起
Over the past few days, the cryptocurrency Dogecoin has moved strongly upwards from the $0.080 support zone. Notably, DOGE managed to enter a positive region by overcoming the resistance level around $0.0850.
在过去的几天里,加密货币狗狗币从 0.080 美元的支撑区域强劲上涨。值得注意的是,DOGE 克服了 0.0850 美元附近的阻力位,成功进入正值区域。
On the 4-hour chart of the DOGE/USD pair, there was a breakout above a significant contracting triangle. This breakout occurred with the overcoming of the $0.0845 resistance and was followed by surpassing the $0.100 resistance. As a result, Dogecoin’s price showed an increase of over 33% and is currently trading above $0.127.
在 DOGE/USD 货币对的 4 小时图表上,突破了重要的收缩三角形。此次突破是在克服 0.0845 美元阻力位后发生的,随后又突破了 0.100 美元阻力位。结果,狗狗币的价格上涨了 33% 以上,目前交易价格高于 0.127 美元。
However, following this rise, prices entered a correction phase. The last peak occurred around $0.1282, and prices are currently correcting their gains. In this correction phase, we observe that the price is trading well above the 23.6% Fibonacci retracement level.
然而,在这次上涨之后,价格进入了调整阶段。最后一个峰值出现在 0.1282 美元附近,目前价格正在调整涨幅。在此调整阶段,我们观察到价格远高于 23.6% 斐波那契回撤位。
What Levels Can Be Expected for DOGE?
DOGE 的预期水平是多少?
From a technical perspective, the cryptocurrency DOGE is trading above the $0.1220 level and the 100 simple moving average. However, there are resistance levels such as $0.1280 and $0.1320 upwards. If the $0.1320 resistance is overcome, it is anticipated that the price could gain momentum towards the $0.1450 resistance.
从技术角度来看,加密货币 DOGE 的交易价格高于 0.1220 美元水平和 100 简单移动平均线。然而,上方存在阻力位,例如 0.1280 美元和 0.1320 美元。如果突破 0.1320 美元的阻力位,预计价格可能会上涨至 0.1450 美元的阻力位。
On the other hand, a downward correction could be observed. If DOGE fails to gain speed above the $0.1280 level, a pullback towards the $0.120 support zone could occur. Subsequently, support levels such as $0.1065 and $0.100 will become important. Looking at the technical indicators, we see that the 4-hour MACD is gaining momentum in the bullish zone and the 4-hour RSI is in the overbought region.
另一方面,可以观察到向下修正。如果 DOGE 未能加速突破 0.1280 美元水平,则可能会回调至 0.120 美元支撑区域。随后,0.1065 美元和 0.100 美元等支撑位将变得重要。从技术指标来看,4小时MACD在看涨区域势头增强,4小时RSI处于超买区域。
Although the meme coin leader Dogecoin is currently on an upward trend, correction movements could be seen in the near term. There is potential for the price to rise further if resistance levels like $0.1280 and $0.1320 are breached. However, if it falls below support levels such as $0.120 and $0.1065, the downward trend could intensify. The cryptocurrency DOGE was trading at $0.127 at the time of writing this article.
尽管模因币领头羊狗狗币目前处于上升趋势,但短期内可能会出现调整走势。如果突破 0.1280 美元和 0.1320 美元等阻力位,价格有可能进一步上涨。然而,如果跌破 0.120 美元和 0.1065 美元等支撑位,下跌趋势可能会加剧。在撰写本文时,加密货币 DOGE 的交易价格为 0.127 美元。
The post first appeared on COINTURK NEWS: Dogecoin Gains Momentum with Significant Price Surge
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