Dogecoin Price Pumps 19%, Hints at Sustained Uptrend

狗狗币价格上涨 19%，暗示持续上涨趋势

Over the past week, Dogecoin's value has surged by 19%, climbing 0.5% over the last 24 hours. As of 3:30 AM EST, it trades at $0.3818, despite a 16% decline in trading volume to $3 billion.

过去一周，狗狗币的价值飙升了 19%，在过去 24 小时内上涨了 0.5%。截至美国东部时间凌晨 3:30，尽管交易量下降 16% 至 30 亿美元，但其交易价格为 0.3818 美元。

Technical Analysis Suggests Continued Price Gains

技术分析表明价格持续上涨

The DOGE/USDT trading pair on the 1-day chart exhibits a combination of patterns and indicators that hint at both historical price behavior and potential future gains. From May to July 2024, Dogecoin remained within a bearish channel, signaling a prolonged downtrend.

1 日图表上的 DOGE/USDT 交易对展示了暗示历史价格行为和潜在未来收益的模式和指标的组合。从 2024 年 5 月到 2024 年 7 月，狗狗币一直处于看跌通道内，预示着长期的下跌趋势。

However, a breakout in late July initiated a trend reversal. Subsequently, a bullish cup and handle pattern emerged between August and October. This pattern, characterized by a rounded bottom (the "cup") and a slight retracement (the "handle"), culminated in a breakout in October, pushing prices upward.

然而，7月下旬的突破引发了趋势逆转。随后，8 月至 10 月期间出现了看涨的杯柄形态。这种形态的特点是圆底（“杯子”）和轻微回撤（“手柄”），最终在 10 月份突破，推动价格上涨。

Key Support and Resistance Levels

关键支撑位和阻力位

Presently, Dogecoin hovers near a crucial support zone between $0.30 and $0.35. This zone has served as a significant foundation for potential price increases since December 2024. The 50-day moving average (MA50) aligns with the current price at $0.38137, providing immediate support. In contrast, the 200-day moving average (MA200) at $0.19447 lies below, indicating a broader bullish trend in the long term.

目前，狗狗币徘徊在 0.30 美元至 0.35 美元之间的关键支撑区域附近。自 2024 年 12 月以来，该区域一直是潜在价格上涨的重要基础。50 天移动平均线 (MA50) 与当前价格 0.38137 美元一致，提供即时支撑。相比之下，位于 0.19447 美元的 200 日移动平均线 (MA200) 位于下方，表明长期来看更广泛的看涨趋势。

Momentum and Oscillators

动量和震荡指标

The Relative Strength Index (RSI) stands at 57.99, slightly above the neutral zone. This suggests a modest bullish momentum. The RSI has rebounded from the midline (50), indicating potential building buying pressure.

相对强弱指数（RSI）为 57.99，略高于中性区。这表明温和的看涨势头。 RSI 从中线（50）反弹，表明潜在的买盘压力正在增加。

Potential Price Targets and Risks

潜在的价格目标和风险

The current DOGE/USDT structure implies the possibility of continued price appreciation. The support zone of $0.30–$0.35 is integral to maintaining upward momentum. A breakout above $0.40 could clear the path for a rise towards the $0.50–$0.55 resistance zone.

目前的DOGE/USDT结构意味着价格有持续升值的可能性。 0.30 美元至 0.35 美元的支撑区域对于维持上行势头至关重要。突破 0.40 美元可能会为上涨至 0.50-0.55 美元阻力区扫清道路。

Conversely, failure to sustain the support zone may lead to a retest of $0.28 or even the MA200 level at $0.19.

相反，未能维持支撑区域可能会导致重新测试 0.28 美元，甚至 MA200 水平 0.19 美元。