Dogecoin Price Prediction: Bucking the trend of a broader market retracement, the DOGE price has exhibited a remarkable recovery, consistently climbing over the last three days. This surge, amounting to a 20% increase to reach a $0.087 peak, appears to be spurred by the exhilarating news of a physical Dogecoin mission to the Earth’s moon. could this momentum fuel this memecoin’s ascent past the $0.01 threshold?

狗狗币价格预测：与大盘回调的趋势相反，狗狗币价格表现出显着的复苏，在过去三天持续攀升。这次飙升，相当于上涨 20%，达到 0.087 美元的峰值，似乎是受到狗狗币前往月球的实体任务这一令人振奋的消息的刺激。这种势头能否推动 memecoin 突破 0.01 美元的门槛？

Also Read: Why Dogecoin & HBAR Are Rising Amid Crypto Market Downturn?

另请阅读：为什么狗狗币和 HBAR 在加密货币市场低迷的情况下上涨？

Bullish Pattern Hints Rally to $0.11

看涨模式暗示反弹至 0.11 美元

• Dogecoin price rising for 5 consecutive weeks with a substantial increase in volume indicates sustained momentum,

狗狗币价格连续5周上涨且交易量大幅增加表明势头持续，

• The 20-day EMA slope is offering dynamic support to rising prices

20 日均线斜率为价格上涨提供动态支撑

• The 24-hour trading volume in Dogecoin is $1.9 Million, indicating an 87% gain.

狗狗币 24 小时交易量为 190 万美元，涨幅为 87%。

Source-Tradingview 

源交易视图

Over the past 30 days, the Dogecoin price has traveled a sustained recovery, rising from the $0.057 level to a current trading price of $0.082, registering a gain of 45%. Amid this rally, the coin price witnessed two pullbacks indicating the buyers are managing to absorb the overhead selling pressure and make a strong strikeback.

在过去的 30 天里，狗狗币价格持续复苏，从 0.057 美元上涨至当前交易价格 0.082 美元，涨幅达 45%。在这次反弹中，代币价格经历了两次回调，表明买家正在设法吸收间接抛售压力并进行强劲反击。

The Daily time frame Chart reveals that this rally is contributing to the formation of a bullish ‘Double Bottom‘ reversal pattern. Just today, the DOGE price surged by 10%, approaching the pattern’s neckline, potentially catalyzing this bullish formation.

每日时间框架图显示，这次反弹有助于形成看涨的“双底”反转模式。就在今天，DOGE 价格飙升 10%，接近该形态的颈线，可能会催化这一看涨形态。

A daily close above $0.083 could convert this resistance level into a support platform, potentially paving the way for a 32% surge to the dual resistance at $0.11, marked by a downtrend line. This dynamic resistance has been a critical factor in the correction phase; thus, breaching it could signal a significant trend reversal.

日收盘价高于 0.083 美元可能会将这一阻力位转化为支撑平台，可能为飙升 32% 至 0.11 美元的双重阻力位（以下降趋势线为标志）铺平道路。这种动态阻力一直是修正阶段的关键因素；因此，突破它可能预示着趋势的重大逆转。

Healthy Retracement Sets Higher Recovery

健康的回调带来更高的恢复

While an upward trajectory for the DOGE price seems probable, intermittent pullbacks might occur, serving to consolidate the bullish momentum. Historical data suggests these corrections align well with the 50% Fibonacci retracement level, an indicator of a robust pullback. Consequently, investors might consider the 50% or 38.2% Fibonacci levels as strategic points for setting stop-loss orders or reassessing their positions

虽然 DOGE 价格似乎有可能出现上涨轨迹，但也可能会出现间歇性回调，从而巩固看涨势头。历史数据表明，这些调整与 50% 斐波那契回撤水平非常吻合，这是强劲回调的指标。因此，投资者可能会将 50% 或 38.2% 斐波那契水平视为设置止损订单或重新评估其头寸的战略点

• Stochastic Oscillator: Rising slopes in the %K and %D lines signal active bullish momentum, reinforcing the positive trend.

随机振荡指标：%K 和 %D 线的斜率上升表明积极的看涨势头，强化了积极趋势。

• Exponential Moving Average: A ‘golden crossover’ between the 50-day and 200-day EMAs could strengthen buyer confidence, fueling the ongoing recovery.

指数移动平均线：50 天和 200 天均线之间的“黄金交叉”可以增强买家信心，推动持续复苏。

The post Dogecoin Price Prediction: Why $DOGE Recovery is Set to Extend 32% appeared first on CoinGape.

狗狗币价格预测：为什么 $DOGE 复苏将扩大 32% 首先出现在 CoinGape 上。