A breakout has been brewing for Dogecoin price since the beginning of the year, however, the largest meme coin is yet to find an escape. Stuck within a narrow range from support at $0.075 and resistance at $0.088, DOGE trades at $0.0811 during the American session on Monday.

自今年年初以来，狗狗币价格一直在酝酿突破，然而，最大的模因币尚未找到出路。周一美国时段，DOGE 徘徊在支撑位 0.075 美元和阻力位 0.088 美元的窄幅区间内，交易价格为 0.0811 美元。

Can Dogecoin Breakout To $0.1?

狗狗币能否突破0.1美元？

Although activity in the ecosystem has noticeably slowed down since January, 60% of all Dogecoin addresses roughly 1.34 million are in profit or ‘in the money’ based on insights from blockchain analytics company, IntoTheBlock.

尽管自 1 月份以来生态系统的活动明显放缓，但根据区块链分析公司 IntoTheBlock 的见解，大约 134 万个狗狗币地址中有 60% 实现盈利或“赚钱”。

This emphasizes the likelihood of a bullish outcome while underscoring the importance of key support ranges, for instance, the region between $0.0772 and $0.0792, where 624k addresses bought 4.38 billion DOGE at an average price of $0.0787.

这强调了看涨结果的可能性，同时强调了关键支撑范围的重要性，例如，在 0.0772 美元至 0.0792 美元之间的区域，62.4 万个地址以 0.0787 美元的平均价格购买了 43.8 亿个 DOGE。

狗狗币 IOMAP 图表 |进入街区

Above the heavily congested support at $0.0787 is a relatively clear path that could lead Dogecoin price to $0.094. On the contrary, losing the same level of support might trigger another drop to $0.07, possibly to allow DOGE to sweep fresh liquidity as investors take advantage of the dips.

高于 0.0787 美元的严重支撑位是一条相对清晰的路径，可能导致狗狗币价格升至 0.094 美元。相反，失去相同水平的支撑可能会引发另一次跌至 0.07 美元，这可能会让 DOGE 在投资者利用下跌时扫荡新的流动性。

A deeper look into the network reveals a significant drop in both the transaction volume and whale transaction count. According to crypto analyst Ali, such a situation “typically indicates lower trading activity.”

更深入地研究网络发现交易量和鲸鱼交易数量均显着下降。加密货币分析师阿里表示，这种情况“通常表明交易活动减少”。

Dogecoin price has probably failed to break out since the beginning of 2024 because “fewer people are buying, selling or transferring DOGE.” Some factors backing this trend could include reduced interest in trading or buying the meme coin and loss of confidence in Dogecoin’s ability to recover.

自 2024 年初以来，狗狗币的价格可能未能突破，因为“购买、出售或转让狗狗币的人越来越少”。支持这一趋势的一些因素可能包括交易或购买模因币的兴趣下降以及对狗狗币复苏能力失去信心。

#Dogecoin is experiencing a decrease in transaction volume and whale transaction count, which typically indicates lower trading activity. This could be a sign that fewer people are buying, selling, or transferring #DOGE, possibly due to reduced interest or confidence in it! pic.twitter.com/SiKNxx4FhN

#Dogecoin 的交易量和鲸鱼交易数量正在减少，这通常表明交易活动减少。这可能表明购买、出售或转让#DOGE 的人越来越少，可能是因为对其兴趣或信心下降！ pic.twitter.com/SiKNxx4FhN

— Ali (@ali_charts) February 12, 2024

— 阿里 (@ali_charts) 2024 年 2 月 12 日

Backed into a tight corner on the daily chart, Dogecoin holds between support provided by the 50-day Exponential Moving Average (EMA) (the blue line on the chart) and resistance highlighted by the falling trendline in conjunction with the 50-day EMA (the red line on the chart).

狗狗币在日线图上陷入困境，它保持在 50 日指数移动平均线 (EMA)（图表上的蓝线）提供的支撑位和下降趋势线与 50 日 EMA 结合显示的阻力位之间（图表上的红线）。

Read also: Bitcoin Price Sets Sight On $50k, Signalling Pre-Halving Rally?

另请阅读：比特币价格瞄准 5 万美元，预示着减半前的反弹？

Albeit the Relative Strength Index (RSI) is moving higher in the neutral region at 53, Dogecoin is making no progress due to the lack of momentum to drive the price higher.

尽管相对强弱指数 (RSI) 在中性区域走高至 53，但狗狗币由于缺乏推动价格走高的动力而没有取得任何进展。

狗狗币价格图表 |交易视图

For traders, the trendline resistance, marked by the 50-day EMA is an area of great importance this week. Flipping this area into support will bring attention back to DOGE. If confidence in the uptrend builds up, it will not take long before Dogecoin rallies beyond the range high resistance at $0.088, bringing the target at $0.1 within reach.

对于交易者来说，以 50 日均线为标志的趋势线阻力是本周非常重要的领域。将该区域翻转为支撑位将使注意力重新回到 DOGE。如果对上升趋势的信心增强，用不了多久，狗狗币就会反弹突破 0.088 美元的区间高阻力位，从而使 0.1 美元的目标触手可及。

Based on the current technical structure and macro environment, it is too early to assume a breakout above $0.1 is guaranteed in the short term. Investors should also be open to the idea of DOGE ranging in the sideways channel for much longer before climbing to higher levels.

基于当前的技术结构和宏观环境，认为短期内一定能突破 0.1 美元上方还为时过早。投资者还应该对 DOGE 在攀升至更高水平之前在横向通道中徘徊更长时间的想法持开放态度。

Related Articles

相关文章

• How Terra Classic (LUNC) Can Reclaim $0.00028 In February 2024 As Community Votes On Key Proposals?

随着社区对关键提案进行投票，Terra Classic (LUNC) 如何在 2024 年 2 月收回 0.00028 美元？

• Solana Price Prediction: How SOL Could Swing From The Dips After A Bullish Week Above $104?

Solana 价格预测：在经历了 104 美元以上的牛市一周之后，SOL 将如何摆脱低谷？

• Key Support Levels for Shiba Inu Coin to Ensure Bullish Stance

柴犬币的关键支撑位确保看涨立场

✓ Share:

✓ 分享：

标签狗狗币 价格

• About author

关于作者

• Disclaimer

免责声明

John is a seasoned crypto expert, renowned for his in-depth analysis and accurate price predictions in the digital asset market. As the Price Prediction Editor for Market Content at CoinGape Media, he is dedicated to delivering valuable insights on price trends and market forecasts. With his extensive experience in the crypto sphere, John has honed his skills in understanding on-chain data analytics, Non-Fungible Tokens (NFTs), Decentralized Finance (DeFi), Centralized Finance (CeFi), and the dynamic metaverse landscape. Through his steadfast reporting, John keeps his audience informed and equipped to navigate the ever-changing crypto market.

约翰是一位经验丰富的加密货币专家，以其对数字资产市场的深入分析和准确的价格预测而闻名。作为 CoinGape Media 市场内容的价格预测编辑，他致力于提供有关价格趋势和市场预测的宝贵见解。凭借在加密领域的丰富经验，John 磨练了理解链上数据分析、不可替代代币 (NFT)、去中心化金融 (DeFi)、中心化金融 (CeFi) 和动态元宇宙景观的技能。通过他坚定的报道，约翰让他的观众了解情况并有能力驾驭不断变化的加密货币市场。

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

所呈现的内容可能包含作者的个人意见，并受市场情况的影响。在投资加密货币之前先进行市场研究。作者或出版物对您的个人经济损失不承担任何责任。