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Bitcoin has seen a noticeable price increase, which was mirrored by many other cryptocurrencies, and Dogecoin (DOGE) also benefited from this trend. The price increase of the meme coin mirrored a pattern seen during the last bull rally, potentially indicating a larger uptrend.
比特币的价格显着上涨,许多其他加密货币也反映了这一点,狗狗币(DOGE)也受益于这一趋势。模因币的价格上涨反映了上次牛市反弹期间出现的模式,可能表明更大的上涨趋势。
Is Dogecoin on the Rise?
狗狗币正在崛起吗?
Recently, Dogecoin‘s price was consolidating, leading to sideways movement in the meme coin’s value. Such periods are generally followed by days of high volatility, which seems to be confirmed by the coin’s recent value increase.
最近,狗狗币的价格正在盘整,导致模因币的价值横向波动。此类时期之后通常会出现几天的高波动性,这似乎已被代币最近的价值上涨所证实。
According to data from CoinMarketCap, DOGE experienced an increase of over 5.5% in the last 24 hours alone. At the time of writing, DOGE had a market value of over 14 billion dollars and was trading at $0.0968. This valuation placed the meme coin in the top 10 cryptocurrencies by market cap.
根据 CoinMarketCap 的数据,DOGE 仅在过去 24 小时内就上涨了 5.5% 以上。截至撰写本文时,DOGE 的市值超过 140 亿美元,交易价格为 0.0968 美元。这一估值使 meme 币跻身市值前 10 名的加密货币之列。
Comparing past data, DOGE’s price movements suggest that it may host a larger bull rally similar to the last cycle.
与过去的数据相比,DOGE 的价格走势表明,它可能会出现类似于上一个周期的更大规模的牛市反弹。
Leading market analyst Ali Martinez pointed out on February 26 that DOGE’s price movements were similar to those seen in past bull cycles. If the trend continues, investors might witness a parabolic breakout in April.
首席市场分析师阿里·马丁内斯 (Ali Martinez) 2 月 26 日指出,DOGE 的价格走势与过去牛市周期类似。如果这种趋势持续下去,投资者可能会在四月份见证抛物线突破。
Investor Expectations for DOGE
投资者对DOGE的期望
Analysis of data provided by Santiment shows that alongside the uptrend in price, there was also an increase in DOGE’s social volume. A past increase in Dogecoin’s weighted sentiment graph positively affected market sentiment.
Santiment 提供的数据分析显示,在价格上涨的同时,DOGE 的社交量也有所增加。狗狗币加权情绪图过去的增长对市场情绪产生了积极影响。
To understand the continuity of the potential bull cycle, examining DOGE’s daily chart can be useful. During this period, DOGE’s MACD indicated an uptrend.
要了解潜在牛市周期的连续性,检查 DOGE 的日线图可能会很有用。在此期间,DOGE的MACD显示出上升趋势。
Additionally, the Relative Strength Index (RSI) also reflected an uptrend, which could suggest a continuation of upward price movement.
此外,相对强弱指数(RSI)也反映了上升趋势,这可能表明价格继续上涨。
The meme coin appears to be facing strong resistance at the $0.097 level, and although it tested this level today without maintaining it, a breakout above could enable DOGE to reach new highs in the coming days.
Meme 代币似乎在 0.097 美元水平面临强劲阻力,尽管今天测试了该水平但没有维持住,但突破该水平可能使 DOGE 在未来几天达到新高。
Beyond the aforementioned analysis and price indicators, the network activity of the cryptocurrency also maintained its current level. Data from Santiment showed that DOGE’s daily active addresses remained high throughout the week, which could be interpreted positively for the future of the cryptocurrency.
除了上述分析和价格指标之外,加密货币的网络活动也维持在当前水平。 Santiment 的数据显示,DOGE 的每日活跃地址在一周内保持在较高水平,这可能对加密货币的未来产生积极的影响。
The post first appeared on COINTURK NEWS: Is Dogecoin Poised for a Price Surge?
该帖子首次出现在 COINTURK 新闻上:狗狗币是否已做好价格飙升的准备?