DOGE's Price Charts Maintain Green, But Bearish Indicators Emerge

DOGE 的价格图表保持绿色，但出现看跌指标

In the past week, Dogecoin (DOGE) exhibited contrasting behavior compared to other leading cryptocurrencies, posting gains in both weekly and daily charts. A bullish pattern emerged on its price chart, indicating the potential for a significant rally.

在过去的一周中，狗狗币（DOGE）与其他领先的加密货币相比表现出了截然不同的行为，在周线和日线图表中均出现上涨。其价格图表上出现看涨模式，表明有可能出现大幅上涨。

Bullish Week for DOGE

DOGE 本周看涨

According to CoinMarketCap, DOGE's price increased by over 6% over the last seven days. This bullish trend continued in the following 24 hours, with an additional 3% appreciation. At press time, DOGE traded at $0.1337 with a market capitalization exceeding $19 billion.

根据 CoinMarketCap 的数据，DOGE 的价格在过去 7 天内上涨了 6% 以上。这种看涨趋势在接下来的 24 小时内持续，并额外上涨了 3%。截至发稿，DOGE 交易价格为 0.1337 美元，市值超过 190 亿美元。

Bullish Falling Wedge Pattern

看涨下降楔形形态

Crypto analyst Kevin shared a tweet highlighting a bullish falling wedge pattern in DOGE's price chart. This pattern suggests that DOGE's price has been consolidating within a triangular range with diminishing highs and lows. A breakout from the wedge could propel DOGE towards $0.30 in the near future.

加密货币分析师 Kevin 分享了一条推文，强调 DOGE 价格图表中的看涨下降楔形模式。这种模式表明 DOGE 的价格一直在高点和低点逐渐减少的三角形区间内盘整。突破楔形可能会在不久的将来推动 DOGE 升至 0.30 美元。

Bearish Indicators

看跌指标

Alongside the bullish pattern, several indicators pointed towards a potential price correction.

除了看涨模式外，一些指标也表明价格可能会出现调整。

• Trading Volume Decline: DOGE's trading volume decreased while its price increased, indicating a bearish signal.
• MVRV Ratio Drop: The MVRV ratio, which measures the profit/loss of DOGE holders, also fell, suggesting bearishness.
• Weighted Sentiment: Dogecoin's weighted sentiment remained negative, indicating dominance of bearish sentiments in the market.

Short Positions Dominate

交易量下降：DOGE 交易量下降，价格上涨，表明看跌信号。 MVRV 比率下降：衡量 DOGE 持有者盈亏的 MVRV 比率也下降，表明看跌。 加权情绪：狗狗币的加权情绪仍然为负面，表明市场上看空情绪占主导地位。空头头寸占主导地位

According to Coinglass data, DOGE's long/short ratio registered a decline, indicating an increase in short positions compared to long positions.

根据Coinglass的数据，DOGE的多空比率有所下降，表明空头头寸相对于多头头寸有所增加。

Technical Indicators Lean Bearish

技术指标偏空

Technical indicators such as RSI, MFI, and MACD also displayed bearish signals, hinting at the possibility of a price correction.

RSI、MFI、MACD等技术指标也显示看跌信号，暗示价格可能回调。

Potential Breakout Despite Bearish Indicators

尽管指标看跌，但仍有可能突破

Despite these bearish indicators, DOGE remains above its 20-day SMA, providing some support. If DOGE successfully tests this level, a breakout from the falling wedge pattern could occur.

尽管有这些看跌指标，但 DOGE 仍高于 20 日移动平均线，提供了一些支撑。如果 DOGE 成功测试该水平，则可能会突破下降楔形形态。

Resistance and Target Levels

阻力位和目标水平

Before reaching $0.3, DOGE must first overcome resistance at $0.135. Beyond that, the next potential target in the short term would be $0.143.

在达到 0.3 美元之前，DOGE 必须首先克服 0.135 美元的阻力。除此之外，短期内的下一个潜在目标将是 0.143 美元。