Dogecoin is definitely on a rally as shown by crypto market numbers. The cryptocurrency has experienced a significant market increase amidst a wider consolidation, with the price up by 7.46% in the past seven days. 

正如加密货币市场数据所示，狗狗币无疑正在上涨。在更广泛的整合中，加密货币经历了显着的市场上涨，过去 7 天价格上涨了 7.46%。

Although the price of DOGE was recently pushed back down today by some level of resistance near $0.087, it has since bounced back up again at $0.082. At the time of writing, DOGE is trading at $0.084, an increase of 2.4% from this support level. This indicates that the bulls are not ready to give up buying momentum. 

尽管 DOGE 的价格最近被 0.087 美元附近的一定阻力位压低，但此后又再次反弹至 0.082 美元。截至撰写本文时，DOGE 的交易价格为 0.084 美元，较该支撑位上涨 2.4%。这表明多头尚未准备好放弃购买动力。

According to a recent post by crypto analyst Rekt Capital on social media, DOGE has finally confirmed a break out of a descending channel pattern. On-chain signals also point to a huge surge in interest and trading volume, indicating DOGE might be going higher soon.

根据加密货币分析师 Rekt Capital 最近在社交媒体上发布的帖子，DOGE 终于确认突破下降通道模式。链上信号还表明兴趣和交易量大幅飙升，表明 DOGE 可能很快就会走高。

$DOGE has confirmed a breakout from its Channel#DOGE #Crypto #Dogecoin pic.twitter.com/SvmtG65FZa

$DOGE 已确认其频道突破#DOGE #Crypto #Dogecoin pic.twitter.com/SvmtG65FZa

— Rekt Capital (@rektcapital) November 17, 2023

— Rekt Capital (@rektcapital) 2023 年 11 月 17 日

Metrics Signal Impending Breakout

指标信号即将突破

The current state of the cryptocurrency market appears to be one of general consolidation when viewed through the lens of the price action of the many different cryptocurrencies that are tracked by Coinmarketcap. 

从 Coinmarketcap 跟踪的许多不同加密货币的价格走势来看，加密货币市场的当前状态似乎是一种普遍整合。

Crypto market caps seem to be running out of steam after a four-week consecutive rally. However, Dogecoin’s market value has been increasing over the past week, bucking the trend of most other cryptocurrencies in the top 10 by market size, which has all shown a decline in their market caps over the past week. 

在连续四周上涨后，加密货币市值似乎正在失去动力。然而，狗狗币的市值在过去一周一直在增长，与市场规模排名前十的大多数其他加密货币的趋势相反，这些加密货币的市值在过去一周都出现了下降。

Dogecoin has finally broken out of its narrow trading range in the weekly candle chart, surging over 45% in the past month. Several catalysts have contributed to this impending breakout, one of which is an increased trading activity. Another catalyst is the announcement of Astrobotic’s plan to send a physical Dogecoin token to the moon in December.

狗狗币终于突破了周蜡烛图上的狭窄交易区间，过去一个月飙升了 45% 以上。多种催化剂促成了即将到来的突破，其中之一就是交易活动的增加。另一个催化剂是 Astrobotic 宣布计划于 12 月向月球发送实物狗狗币代币。

Whale movements have also contributed for the most part. According to on-chain data from crypto analytics platform Santiment, the cumulative balance of wallets holding 10 million to 1 billion DOGE has increased from 44.63 billion DOGE tokens on November 1 to a cumulative balance of 47.38 billion DOGE tokens on November 17th. As a result, these large holders have increased their holdings by 2.75 billion DOGE, worth approximately $231 million at the crypto’s current price.

鲸鱼的活动也做出了很大的贡献。根据加密分析平台 Santiment 的链上数据，持有 1000 万至 10 亿 DOGE 的钱包累计余额已从 11 月 1 日的 446.3 亿 DOGE 代币增加到 11 月 17 日的累计余额 473.8 亿 DOGE 代币。结果，这些大持有者增加了 27.5 亿 DOGE 的持有量，按加密货币当前价格计算，其价值约为 2.31 亿美元。

How High Can The Dogecoin Price Go?

狗狗币价格能涨到多高？

The technical indicators for Dogecoin are looking quite bullish right now. The short 10-day Moving Average has climbed steadily above the longer 21-day Moving Average since a bullish cross on October 23 last month, indicating the bulls still have major control over the market. A continued bullish momentum could see the crypto break various price resistances, the first being the $0.87 level.

狗狗币的技术指标目前看起来相当看涨。自上个月 10 月 23 日看涨交叉以来，短期 10 日移动平均线已稳步攀升至较长的 21 日移动平均线上方，表明多头仍对市场拥有主要控制权。持续的看涨势头可能会让加密货币突破各种价格阻力，第一个是 0.87 美元的水平。

Doge is trading at $0.08440 at the time of writing. The next hurdle is to break above $0.09 and then move towards $0.1. According to IntoTheBlock’s Global In/Out Of The Money metric, about 1.58 million addresses are still waiting for DOGE to climb above their minimum buying price of $0.858 before making a profit.

截至撰写本文时，Doge 的交易价格为 0.08440 美元。下一个障碍是突破 0.09 美元，然后向 0.1 美元移动。根据 IntoTheBlock 的全球资金流入/流出指标，约有 158 万个地址仍在等待 DOGE 突破 0.858 美元的最低购买价格，然后才能获利。