Dogecoin's Bullish Surge Propels It to Top Six Cryptocurrencies

狗狗币的看涨飙升使其跻身六大加密货币之列

Dogecoin's price surged by 28% in the past 24 hours, reaching $0.2922 as of 11:43 p.m. EST. Trading volume also skyrocketed by 197% to $17.54 billion.

狗狗币的价格在过去 24 小时内飙升 28%，截至晚上 11:43 达到 0.2922 美元。美国东部时间。交易量也猛增 197% 至 175.4 亿美元。

This rally pushed Dogecoin past XRP and USDC in market capitalization, making it the sixth-largest cryptocurrency with a value of $41 billion.

此次反弹推动狗狗币市值超过 XRP 和 USDC，成为第六大加密货币，价值 410 亿美元。

Sustained Bullish Rally for Dogecoin

狗狗币持续看涨反弹

Dogecoin's recent price action exhibits a strong uptrend, marked by a parabolic rise from below $0.15 to around $0.29.

狗狗币最近的价格走势呈现出强劲的上升趋势，从低于 0.15 美元到 0.29 美元左右呈抛物线式上涨。

Technical indicators support the bullish momentum:

技术指标支持看涨势头：

• A "cup and handle" pattern suggests further price appreciation.
• The 50-day and 200-day Simple Moving Averages (SMAs) are both below the current price, indicating a sustained rally.
• The Relative Strength Index (RSI) of 87 suggests extremely high buying momentum, although overbought conditions may lead to short-term corrections.
• The Moving Average Convergence Divergence (MACD) is bullish, with the blue line above the orange signal line.

DOGE Price Prediction

“杯柄”形态表明价格进一步上涨。50 天和 200 天简单移动平均线 (SMA) 均低于当前价格，表明持续上涨。相对强弱指数 (RSI) 为 87，表明价格极高买入势头，尽管超买状况可能导致短期调整。移动平均线趋同分歧（MACD）看涨，蓝线位于橙色信号线上方。DOGE 价格预测

Technical analysis indicates that bulls are in control, potentially pushing Dogecoin's price to $0.35 and eventually $1.

技术分析表明，多头占据主导地位，有可能将狗狗币的价格推至 0.35 美元，最终升至 1 美元。

However, a potential pullback may find support near the 50-day MA at $0.1416.

然而，潜在的回调可能会在 50 日均线 0.1416 美元附近找到支撑。