Dogecoin Price Reaches New Heights

The Dogecoin (DOGE) price experienced a 6% surge in the past 24 hours, reaching $0.3454 as of 02:10 a.m. EST. The trading volume also saw a significant increase of 104%, reaching $3.8 billion.

狗狗币价格达到新高狗狗币 (DOGE) 价格在过去 24 小时内飙升 6%，截至美国东部时间凌晨 02:10 达到 0.3454 美元。交易额也大幅增长104%，达到38亿美元。

Elon Musk's Endorsement

埃隆·马斯克的认可

This price movement comes after Elon Musk praised President-elect Donald Trump for his support of the formation of the Department of Government Efficiency (DOGE). Musk expressed his appreciation on Twitter, stating, "I am confident that the American people will be happy with the outcome."

这一价格走势是在埃隆·马斯克赞扬当选总统唐纳德·特朗普对成立政府效率部（DOGE）的支持之后发生的。马斯克在推特上表达了他的赞赏，他说：“我相信美国人民会对结果感到满意。”

Technical Analysis

技术分析

The DOGE price has been consolidating within the range of $0.30-$0.46, with a support zone around $0.30. The 1-day timeframe analysis shows a potential bearish reversal, with a double-top-like structure forming at the $0.46 resistance level.

DOGE 价格一直在 0.30 美元至 0.46 美元的范围内盘整，支撑区约为 0.30 美元。 1 天时间框架分析显示潜在的看跌逆转，在 0.46 美元阻力位形成双顶结构。

Currently, DOGE is maintaining above its 50-day Simple Moving Average (SMA) at $0.3718, while the 200-day SMA at $0.2025 remains significantly lower, indicating a long-term bullish trend.

目前，DOGE 维持在 0.3718 美元的 50 日简单移动平均线 (SMA) 之上，而 0.2025 美元的 200 日简单移动平均线 (SMA) 仍大幅走低，表明长期看涨趋势。

The Relative Strength Index (RSI) is at 49.32, suggesting a neutral market condition. The Moving Average Convergence Divergence (MACD) histogram shows slight bullish momentum.

相对强弱指数 (RSI) 为 49.32，表明市场状况为中性。移动平均收敛分歧（MACD）柱状图显示出轻微的看涨势头。

Price Prediction

价格预测

In the short term, DOGE is expected to remain range-bound between $0.30 and $0.46. A breakout above the $0.46 resistance could drive the price towards $0.50, while a decline below $0.30 could lead to support levels around $0.25-$0.27.

短期内，DOGE 预计将维持在 0.30 美元至 0.46 美元之间区间波动。突破 0.46 美元阻力位可能会将价格推向 0.50 美元，而跌破 0.30 美元可能会导致支撑位在 0.25-0.27 美元左右。

Wall Street Pepe Surges

华尔街佩佩飙升

Meanwhile, investors are showing interest in Wall Street Pepe (WEPE), a frog-themed derivative token. The project has raised over $47.7 million in funding and is set to offer tools and resources to assist retail traders in competing with larger investors.

与此同时，投资者对华尔街佩佩（WEPE）这种以青蛙为主题的衍生品代币表现出了兴趣。该项目已筹集超过 4770 万美元的资金，并将提供工具和资源来帮助零售交易者与大型投资者竞争。