DOGE, the native cryptocurrency of the Dogecoin network, has experienced a recent price increase, trading at $0.1266 as of now. This surge of 3.01% over the past 24 hours can be attributed to increased interest and activity in the Dogecoin market, driven by social media influence and endorsements from prominent figures. These factors have historically played a significant role in fueling Dogecoin's growth.

DOGE 是狗狗币网络的原生加密货币，最近价格上涨，目前交易价格为 0.1266 美元。过去 24 小时内飙升 3.01% 的原因是，在社交媒体影响力和知名人士的认可的推动下，狗狗币市场的兴趣和活动不断增加。从历史上看，这些因素在推动狗狗币的增长方面发挥了重要作用。

This positive market activity suggests that Dogecoin is poised for further price increases. Bullish investors are rallying to defend a critical support level, which could lead to a potential increase if Dogecoin maintains its current support.

这种积极的市场活动表明狗狗币的价格有望进一步上涨。看涨的投资者正在集会以捍卫关键支撑位，如果狗狗币维持当前支撑位，则可能会导致价格上涨。

Technical Analysis and Support Levels

技术分析和支撑位

Dogecoin (DOGE) is displaying signs of potential bullish momentum as it stabilizes around a critical support level at the 200-week Exponential Moving Average (EMA), which is approximately $0.118. The EMA serves as a crucial technical indicator and support zone, influencing future price movements.

狗狗币 (DOGE) 显示出潜在看涨势头的迹象，因为它稳定在 200 周指数移动平均线 (EMA) 的关键支撑位附近，该支撑位约为 0.118 美元。 EMA 作为重要的技术指标和支撑区域，影响未来的价格走势。

Dogecoin has experienced a significant surge in open interest, increasing by over 5% in the past 24 hours, reaching a valuation of $544.9 million. This growth indicates potential for further upward movement. Strengthening confidence in Dogecoin's upward trajectory, such a development could lead to sustained growth.

狗狗币的未平仓合约大幅增加，在过去 24 小时内增加了 5% 以上，估值达到 5.449 亿美元。这种增长表明有进一步上升的潜力。这种发展增强了人们对狗狗币上升轨迹的信心，可能会带来持续增长。

Furthermore, if Dogecoin continues to hold above the $0.114 support level, it could trigger a rally of over 10%, pushing the price up to the $0.140 region. This target price range represents a 50% price retracement level from the range of $0.055 to $0.228, observed between August 2023 and March 2024. Achieving this level would reinforce the bullish trend and potentially attract more investors, further driving the price upwards.

此外，如果狗狗币继续保持在 0.114 美元的支撑位上方，可能会引发超过 10% 的反弹，将价格推高至 0.140 美元区域。该目标价格范围代表 2023 年 8 月至 2024 年 3 月观察到的 0.055 美元至 0.228 美元范围内的 50% 价格回撤水平。达到这一水平将强化看涨趋势，并可能吸引更多投资者，进一步推动价格上涨。

Momentum Indicators and On-Chain Metrics

动量指标和链上指标