The Dogecoin price has been trending sideways on low timeframes, but the cryptocurrency might be gearing up for a massive rally. The bull run across the nascent sector has been unkind to the king of the memecoins, but an analyst pointed at a potential change in direction towards a fresh all-time high.

狗狗币价格在较短的时间内一直呈横盘趋势，但这种加密货币可能正在为大规模反弹做好准备。新兴行业的牛市对模因币之王来说并不友善，但分析师指出，可能会朝着新的历史高点方向发生变化。

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As of this writing, DOGE has stalled at its current levels with a 2% loss over the past 24 hours. Over the previous seven days, the token has recorded similar performance, but it remains green on the 2-week and 30-day horizon.

截至撰写本文时，DOGE 已停滞在当前水平，在过去 24 小时内下跌了 2%。在过去的 7 天里，该代币也记录了类似的表现，但在 2 周和 30 天的范围内仍保持绿色。

DOGE 的价格在日线图上呈上涨趋势。来源：Tradingview 上的 DOGEUSDT

Dogecoin Price Aims For The Moon? 23,000% Rally Possible

狗狗币价格瞄准月球？ 23,000% 的反弹可能性

According to analyst Ali Martinez, the Dogecoin price is moving with previous bullish trends. Despite the low timeframe bearish momentum, the king of the memecoins could record a new massive rally above its current all-time high near the $0.80 level.

分析师阿里·马丁内斯 (Ali Martinez) 表示，狗狗币价格正在与之前的看涨趋势保持一致。尽管看跌势头较低，但 memecoin 之王可能会创下新的大幅反弹，突破目前接近 0.80 美元的历史高点。

As seen in the chart below, the Dogecoin price experiences a sideways trend, which can extend to 679 days before exploding into a new all-time high. On DOGE’s weekly chart, the token records profits of 8,000% and 23,000% each time this happens.

如下图所示，狗狗币价格经历横盘趋势，这种趋势可以延续至 679 天，然后才突破历史新高。在 DOGE 的每周图表上，每次发生这种情况时，代币都会记录 8,000% 和 23,000% 的利润。

In late 2017, when the price of Bitcoin rose to $20,000, the Dogecoin price followed and broke the 679-day sideways trend with an 8,700% rally. In 2021, the memecoin experienced a similar breakout but with an even bigger rally.

2017年底，当比特币价格升至20,000美元时，狗狗币价格紧随其后，以8,700%的涨幅打破了679天的横盘趋势。 2021 年，memecoin 经历了类似的突破，但涨幅更大。

DOGE的价格即将迎来新一轮上涨？资料来源：阿里·马丁内斯

As the chart shows, Dogecoin might see an even bigger rally above $1 and $3 if this potential rally materializes. This price action is supported by DOGE’s capacity to move more aggressively to the upside every time it breaks the long sideways trend.

如图表所示，如果这种潜在的反弹成为现实，狗狗币可能会出现更大的反弹，突破 1 美元和 3 美元。这种价格走势得到了狗狗币每次突破长期横盘趋势时更积极上行的能力的支持。

The analyst stated:

该分析师表示：

The price action of #Dogecoin appears to mirror patterns observed in its past bull markets. If history repeats itself, we could see $DOGE enter a parabolic breakout around April!

#Dogecoin 的价格走势似乎反映了过去牛市中观察到的模式。如果历史重演，我们可能会看到 $DOGE 在四月份左右进入抛物线突破！

DOGE Price On The Short-Term

DOGE 短期价格

On low timeframes, the $0.10 level is critical resistance for the token to fulfill its bullish potential. NewsBTC reported that the cryptocurrency hints at a potential breakout, but DOGE must recover the $0.0914 area before scoring further gains.

在较低的时间范围内，0.10 美元的水平是该代币发挥其看涨潜力的关键阻力。 NewsBTC 报道称，加密货币暗示有潜在突破，但 DOGE 必须收复 0.0914 美元区域才能进一步上涨。

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This week, the crypto market might see opposition from macroeconomic developments, which could spark volatility. If the Dogecoin price can hold its ground, the possibility of a bull run will gain further momentum.

本周，加密货币市场可能会遇到宏观经济发展的阻力，这可能会引发波动。如果狗狗币价格能够坚守阵地，牛市的可能性将获得进一步的动力。

Cover image from Dall-E, chart from Tradingview

封面图片来自 Dall-E，图表来自 Tradingview

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