Dogecoin (DOGE) Price: A Potential Breakout Amidst Selling Pressure

Dogecoin（Doge）价格：在销售压力的潜在突破

Despite recent price fluctuations, including a 16.62% drop over the past seven days, Dogecoin shows signs of potential recovery. This optimism stems from significant growth within the Dogecoin ecosystem.

尽管最近的价格波动，包括​​过去7天的16.62％下降，但Dogecoin显示出潜在恢复的迹象。 这种乐观源于多霉素生态系统内的显着增长。

Expanding Dogecoin Network Signals Increased Adoption

扩大Dogecoin网络信号增加了采用

On-chain analyst Ali Martinez highlights a key development: the number of new Dogecoin addresses has more than doubled in the past month, rising from 16,400 to 34,600 – a 110% increase. This surge suggests growing adoption and investor interest, despite bearish sentiment. This expansion could lead to increased trading volume and liquidity, potentially driving DOGE's price upward. However, sustained interest from new users is crucial for long-term growth.

链链分析师阿里·马丁内斯（Ali Martinez）强调了一个关键的发展：在过去的一个月中，新的Dogecoin地址的数量增加了一倍以上，从16,400升至34,600 - 增长了110％。这一激增表明，尽管看跌感情，但收养和投资者的兴趣越来越大。 这种扩张可能会导致交易量增加和流动性增加，这可能会推动门多格的价格上涨。 但是，新用户的持续兴趣对于长期增长至关重要。

Source: X

来源：X

Current Market Conditions

当前的市场状况

At the time of writing, DOGE is up 3.22% in the last 24 hours, trading at $0.1719. This rebound comes as the coin attempts to break above the $0.18 resistance level. Analysts suggest that active trading is necessary for DOGE to continue its upward trajectory and retest the $0.20 level. However, trading volume remains down by 32.46% at $1.74 billion.

在写作时，Doge在过去24小时内增长了3.22％，交易价格为0.1719美元。这种反弹是因为硬币试图超过0.18美元的电阻水平。 分析师认为，Doge继续其上升轨迹并重新测试0.20美元的水平是必要的。 但是，交易量下降了32.46％，至17.4亿美元。

Will Adoption Fuel a Rally or Further Losses?

采用会为集会还是进一步的损失？

A historical analysis reveals March hasn't always been kind to DOGE. Data from Cryptorank shows an average March growth of only 0.07% over the past 11 years. In six of those years, March ended negatively for DOGE, with the largest loss being 53.3% in 2018. Significant losses were also recorded in 2014 (52.9%), 2015 (13.3%), and 2020 (18.9%). Conversely, 2024 saw an impressive 87.5% increase, closing March at a record high of $0.22.

一项历史分析表明，三月并不总是很友善。来自Cryptorank的数据显示，在过去的11年中，平均三月增长仅为0.07％。 在那些年的六年中，三月的总结为否定，2018年最大的损失为53.3％。2014年还记录了重大损失（2015年52.9％），2015年（13.3％）和2020年（18.9％）。 相反，2024年增长了87.5％，3月份以创纪录的高度为0.22美元。

Dogecoin Price Chart

Dogecoin价格图

Positive years for DOGE in March include 2017 (59.6% gain) and 2021 (11.1% gain). With approximately 18 days remaining in March 2025, DOGE is currently down 17.2%. Continued negative performance could solidify a bearish trend unless a significant shift occurs.

Doge在3月的积极年份包括2017年（增长59.6％）和2021年（增长率为11.1％）。 2025年3月剩下约18天，Doge目前下跌了17.2％。 除非发生重大变化，否则持续的负面性能可以巩固看跌趋势。

Key Levels to Watch for a Potential Breakout

关注潜在突破的关键水平

Market analysts offer varying perspectives on DOGE's future price movement. While the historical March performance and current volatility present challenges, the recent rebound from the $0.14 support level offers a glimmer of hope. A sustained buying pressure is considered necessary to push DOGE past the $0.20 mark. Technical analysis indicates DOGE is approaching the 0.702 and 0.786 Fibonacci retracement levels; breaking above these levels could trigger a strong bullish trend.

市场分析师对Doge的未来价格变动提供了不同的观点。 尽管历史性的三月表现和当前波动率带来了挑战，但最近从0.14美元的支持水平的反弹带来了希望。 持续的购买压力被认为需要将门将超过$ 0.20。 技术分析表明，Doge接近0.702和0.786斐波那契回缩水平。超越这些水平可能会引发强烈的看涨趋势。

The post Dogecoin Price Eyes Breakout as New DOGE Addresses Soar 110% appeared first on The Coin Republic.

随着新的Doge解决SOAR 110％的首次出现在硬币共和国，Dodecoin Price Price的眼睛突破。