Dogecoin Price Analysis: DOGE Breaks Resistance, Eyes 35% Rally

狗狗币价格分析：DOGE突破阻力位，预计反弹35%

The fourth week of May commenced with a surge in the altcoin market, fueled by Ethereum's price rally to $3700. Over the past 24 hours, ETH has surged by 18.8%, possibly due to anticipation surrounding the launch of the first spot Ethereum ETF. Among the altcoins, the canine memecoin DOGE has exhibited remarkable growth, breaching a key resistance level and ending a seven-week correction, signaling a potential shift in market dynamics.

5 月第四周，在以太坊价格上涨至 3700 美元的推动下，山寨币市场开始飙升。在过去 24 小时内，ETH 飙升了 18.8%，这可能是由于对第一个现货以太坊 ETF 推出的预期。在山寨币中，犬类模因币 DOGE 表现出显着的增长，突破了关键阻力位并结束了为期七周的调整，标志着市场动态的潜在转变。

DOGE Breaks Resistance Amid Market Recovery, Eyes 35% Rally

DOGE在市场复苏中突破阻力位，预计反弹35%

Following a prolonged downtrend, the DOGE price has finally surpassed the overhead resistance trendline after facing multiple bearish reversals. The bullish resurgence of the meme coin coincides with the broader market recovery, as the Bitcoin price has breached the $71,000 barrier.

经过长期的下跌趋势，DOGE 价格在经历多次看跌逆转后终于突破了上方阻力趋势线。随着比特币价格突破 71,000 美元大关，迷因币的看涨复苏与更广泛的市场复苏同时发生。

Over the last 24 hours, the meme coin has appreciated by 9.7%, currently trading at $0.164. This marks two consecutive bullish candles exceeding the resistance trendline, challenging the critical horizontal resistance at $0.17.

在过去 24 小时内，me​​me 币升值了 9.7%，目前交易价格为 0.164 美元。这标志着连续两根看涨蜡烛超过了阻力趋势线，挑战了 0.17 美元的关键水平阻力位。

With the broader market recovery continuing and anticipation for the Ethereum ETF approval growing, the DOGE coin is poised to extend its bullish momentum. A breakout of the horizontal resistance at $0.17 could propel the DOGE price to its previous peak of $0.228, representing a potential 35% rally.

随着更广泛的市场持续复苏以及以太坊 ETF 获得批准的预期不断增长，DOGE 代币有望延续其看涨势头。突破 0.17 美元的水平阻力位可能会推动 DOGE 价格升至之前的峰值 0.228 美元，即潜在的 35% 上涨。