The Dogecoin price action in the past few days is showing signs of the crypto embarking on a bullish recovery. Particularly, DOGE has seen a strong uptick in trading volume in the last few days, fueled by an increase in activity from whale addresses. 

过去几天的狗狗币价格走势显示出加密货币开始看涨复苏的迹象。特别是，在鲸鱼地址活动增加的推动下，过去几天 DOGE 的交易量强劲上升。

At the time of writing, DOGE spiked by over 6% in the past 24 hours to break over $0.09 for a brief moment. This spike in DOGE came despite the price of Bitcoin showcasing a weakening of bullish momentum at $52,000 and most cryptocurrencies sparking corrections, indicating a lingering bullish momentum among DOGE traders.

截至撰写本文时，DOGE 在过去 24 小时内飙升超过 6%，短暂突破 0.09 美元。尽管比特币价格在 52,000 美元的看涨势头减弱，并且大多数加密货币引发调整，表明 DOGE 交易者的看涨势头依然存在，但 DOGE 仍出现了上涨。

DOGE Recent Metrics Indicate Recovery Trend

DOGE 近期指标显示复苏趋势

Dogecoin mostly went through a lackluster price action throughout January, with the cryptocurrency ending the month at $0.07973, a negative 13% from its open price on January 1. The $0.079 price level acted as a major support, as DOGE started to rebound in early February after the formation of a double bottom. Consequently, DOGE technicals, transaction count, and price action pointed to a change in momentum and sentiment amongst traders.  

狗狗币整个 1 月份的价格走势大多表现平淡，该加密货币月底收于 0.07973 美元，较 1 月 1 日开盘价下跌 13%。随着狗狗币在 2 月初开始反弹，0.079 美元的价格水平成为了主要支撑位双底形成后。因此，DOGE 技术、交易数量和价格走势表明交易者的动力和情绪发生了变化。

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According to metrics from the on-chain analytics platform IntoTheBlock, the Dogecoin ecosystem has witnessed a lot of activity in the past month, processing more than 1 million transactions every day since the 30th of January. This increase in activity seems to have been reflected in the price of Dogecoin, with the cryptocurrency up by 11% since the beginning of February.

根据链上分析平台 IntoTheBlock 的指标，狗狗币生态系统在过去一个月里出现了大量活动，自 1 月 30 日以来每天处理超过 100 万笔交易。这种活动的增加似乎已经反映在狗狗币的价格上，自 2 月初以来，该加密货币上涨了 11%。

Source: IntoTheBlock

来源：IntoTheBlock

At the time of writing, DOGE’s trading volume from Coinmarketcap is approximately $824 million, an increase of over 129% in the past 24 hours. The majority of the recent increase in activity can be attributed to whales of large investors. 

截至撰写本文时，Coinmarketcap 上的 DOGE 交易量约为 8.24 亿美元，在过去 24 小时内增长了超过 129%。最近活动的增加大部分可归因于大型投资者的巨额投资。

According to Dogecoin whale data, whale transactions greater than $100,000 now stand at $2.53 billion in the past seven days. Notably, this transaction count from large investors reached 1,570 in the past 24 hours with a total volume of 15.88 billion DOGE. This huge surge of activity seems to be providing the cryptocurrency with a big boost, fueling an impressive recovery that could see it crossing the $0.1 threshold once more and possibly reaching the $0.2 price level.

根据狗狗币鲸鱼数据，过去 7 天内超过 10 万美元的鲸鱼交易额目前达到 25.3 亿美元。值得注意的是，过去24小时内，大投资者的交易数量达到1,570笔，总交易量为158.8亿DOGE。这种巨大的活动似乎为加密货币提供了巨大的推动力，推动了令人印象深刻的复苏，可能会使其再次突破 0.1 美元的门槛，并可能达到 0.2 美元的价格水平。

DOGE Price Action – Rally To $0.2?

DOGE 价格走势 – 反弹至 0.2 美元？

Dogecoin has started showing signs of life again, fueled in large part by whale activity. The crypto recently surged to $0.09115 in the past 24 hours. Although still up by 1% in the same timeframe, DOGE has since corrected by 4.5% and is currently trading at $0.08702. 

狗狗币已经开始再次显示出生命的迹象，这在很大程度上是由鲸鱼活动推动的。该加密货币最近在过去 24 小时内飙升至 0.09115 美元。尽管 DOGE 在同一时间段内仍上涨 1%，但此后已修正 4.5%，目前交易价格为 0.08702 美元。

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A minor support is at the $0.08693 price level, with metrics and general market sentiment pointing to continued bullish price action in the short time. The first price level would be the return to $0.09. If Dogecoin manages to maintain a stronghold above this key milestone, it is expected to create a more bullish momentum among traders which could see it breaking past above $0.1 for the first time in three months. 

较小的支撑位于 0.08693 美元的价格水平，指标和总体市场情绪表明短期内价格走势将持续看涨。第一个价格水平将回到 0.09 美元。如果狗狗币能够维持在这一关键里程碑之上，预计将在交易者中创造出更加看涨的势头，这可能会使其在三个月内首次突破 0.1 美元。

This breakthrough over $0.11 could mark an important milestone for Dogecoin’s price trajectory, as the next target would be $0.2. 

此次突破 0.11 美元可能标志着狗狗币价格轨迹的一个重要里程碑，因为下一个目标将是 0.2 美元。

DOGE price at $0.087 | Source: DOGEUSD on Tradingview.com

DOGE 价格为 0.087 美元 |资料来源：Tradingview.com 上的 DOGEUSD

精选图片来自 CoinGape，图表来自 Tradingview.com

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