An analyst has explained that Dogecoin may be able to hit $1 if history repeats for it. Here’s when exactly this could happen for DOGE.

一位分析师解释说，如果历史重演，狗狗币可能会达到 1 美元。这正是 DOGE 发生这种情况的时候。

Dogecoin Has Been Breaking Out Of A Parallel Channel Recently

狗狗币最近突破了平行通道

In a new post on X, analyst Ali has discussed a potential outcome for Dogecoin based on the historical pattern. Below is the chart for the weekly price of the memecoin shared by the analyst, which reveals a similar-seeming pattern that the asset has followed over the years.

在 X 上的一篇新文章中，分析师 Ali 根据历史模式讨论了狗狗币的潜在结果。下面是分析师分享的 memecoin 每周价格图表，该图表揭示了该资产多年来遵循的类似模式。

The trend in the weekly price of DOGE over the last few years | Source: @ali_charts on X

近几年DOGE周价格走势 |来源：X 上的 @ali_charts

As Ali has highlighted in the chart, before both of its previous two major bull runs, Dogecoin’s weekly price consolidated inside a specific parallel channel for a notable amount of time.

正如阿里在图表中强调的那样，在前两次主要牛市之前，狗狗币的每周价格在特定的平行通道内盘整了相当长的一段时间。

相关阅读：该比特币指标已达到通常会导致修正的水平

The “parallel channel” here refers to a pattern in technical analysis (TA) made up of two parallel trendlines inside which the price of the asset consolidates. Parallel channels can be of different types, like ascending and descending ones, but in the context of the current discussion, channels parallel to the time axis are relevant.

这里的“平行通道”是指技术分析（TA）中的一种模式，由两条平行趋势线组成，资产价格在趋势线内部盘整。并行通道可以有不同的类型，例如上升通道和下降通道，但在当前讨论的上下文中，与时间轴平行的通道是相关的。

The upper trendline in such a pattern is drawn by joining together tops, while the lower line connects bottoms. When the price retests either of these lines, a reversal is more probable.

这种形态中的上部趋势线是通过将顶部连接在一起绘制的，而下部趋势线则连接底部。当价格重新测试这两条线中的任何一条时，反转的可能性就更大。

This means that a retest of the upper line could break the uptrend and cause the asset to go through a drawdown. Similarly, the lower line may be a source of support and help the price reverse itself back up.

这意味着重新测试上限可能会打破上升趋势并导致资产下跌。同样，下方的线可能是支撑的来源，并帮助价格反转回升。

However, a break out of either of these lines can imply a continuation of the trend in that direction. The graph shows that when the weekly price of Dogecoin saw breakouts like this out of the respective consolidation channels the last two times, it went through bull rallies.

然而，突破这两条线都可能意味着趋势将继续朝该方向发展。该图显示，当狗狗币的每周价格在过去两次突破各自的盘整通道时，它经历了牛市反弹。

In the past couple of years, it would appear that DOGE has once again gone through a similar period of consolidation as those previous two, and recently, the coin has been breaking out.

在过去的几年里，DOGE 似乎再次经历了与前两年类似的盘整期，而最近，该代币一直在突破。

相关阅读：狗狗币积累：狗狗币百万富翁猛增 76%

Ali has marked a potential trajectory that Dogecoin could follow in the chart based on the precedent set by these last two bull runs. “This may sound wild, but if history is any guide, Dogecoin $DOGE could hit $1 by mid-April!” says the analyst.

根据最近两次牛市的先例，阿里在图表中标记了狗狗币可能遵循的潜在轨迹。 “这可能听起来很疯狂，但如果以历史为鉴的话，狗狗币 DOGE 可能会在 4 月中旬达到 1 美元！”分析师说。

From the current cryptocurrency price, such a run would suggest an increase of more than 488% for the memecoin in less than a month and a half. Obviously, a rally like this would be super impressive if it ends up playing out like this.

从目前的加密货币价格来看，这样的走势意味着 memecoin 在不到一个半月的时间里上涨了 488% 以上。显然，如果最终以这样的方式进行，这样的集会将会非常令人印象深刻。

It remains to be seen what trajectory Dogecoin follows now that it has seemingly broken free of its long parallel consolidation channel.

既然狗狗币似乎已经摆脱了长期的平行整合通道，那么狗狗币接下来的轨迹还有待观察。

DOGE Price

狗狗价格

When writing, Dogecoin is trading around $0.17, up 36% in the past week.

在撰写本文时，狗狗币的交易价格约为 0.17 美元，过去一周上涨了 36%。

Looks like the price of the coin has slumped to sideways movement in the last couple of days | Source: DOGEUSD on TradingView

看起来代币的价格在过去几天里已经下跌至横盘整理|来源：TradingView 上的 DOGEUSD

精选图片来自 Unsplash.com 上的 Crystal Mapes，图表来自 TradingView.com

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