The growth of Dogecoin has lagged this year, but the meme coin recently went on a rally in the last week, hitting four-month highs. The question that still has to be answered is whether or not the cryptocurrency can maintain its momentum and continue to rocket forward. 

狗狗币今年的增长滞后，但最近一周，狗狗币出现反弹，触及四个月高点。仍然需要回答的问题是加密货币能否保持势头并继续飙升。

DOGE started as a meme token but has grown to become an outlier among cryptocurrencies in the past few years. Despite posting a double-digit percent rise in price, the crypto saw itself lagging behind during the late October and early November gains when the majority of cryptocurrencies recovered from the long bearish market of the first half of the year. 

DOGE 最初是一种模因代币，但在过去几年中已成长为加密货币中的异类。尽管价格上涨了两位数，但在 10 月底和 11 月初，当大多数加密货币从上半年的长期看跌市场中恢复过来时，加密货币的涨幅仍然落后。

Dogecoin Price Rallies To 4-Month Highs

狗狗币价格上涨至 4 个月高位

After reaching its monthly low of $0.0565 in October, Doge experienced a gain of 21%, and then it experienced a gain of 22% in November, resulting in the formation of two consecutive monthly green candles for the first time since October 2022. The crypto has continued on this trajectory, and its price has increased by 9.1% in the past seven days, one of the best gains among top cryptocurrencies. This recent price gain saw DOGE reach $0.08715, its highest level since April 2023. 

在 10 月份触及 0.0565 美元的月度低点后，Doge 上涨了 21%，然后在 11 月份上涨了 22%，导致自 2022 年 10 月以来首次形成连续两个月的绿色蜡烛。继续沿着这一轨迹发展，其价格在过去 7 天内上涨了 9.1%，是顶级加密货币中涨幅最大的之一。最近的价格上涨使 DOGE 达到 0.08715 美元，这是自 2023 年 4 月以来的最高水平。

DOGE trading volume on various exchanges is up by 30.7% in the past 24 hours. At the same time, exchange data from IntoTheBlock’s Order Books metrics reveal an interesting current overview of the power struggle between bulls and bears. According to the trading books 14 crypto exchanges tracked by IntoTheBlock, the bulls look to have the upper edge at the moment. 

过去24小时内，各交易所DOGE交易量增长了30.7%。与此同时，来自 IntoTheBlock 订单簿指标的交易数据揭示了当前多头和空头之间权力斗争的有趣概述。根据 IntoTheBlock 追踪的 14 家加密货币交易所的交易簿显示，多头目前看起来占据上风。

At the time of writing, buyers have placed buy orders of 901.7 million DOGE at an average price of $0.085112. Meanwhile, sellers have only put up 848.13 million DOGE for sale at an average price of $0.085137. This interesting dynamic indicates that there are considerably more buyers than sellers, which could create scarcity and continue to drive the price up.

截至撰写本文时，买家已以 0.085112 美元的平均价格下了 9.017 亿个 DOGE 的买入订单。与此同时，卖家仅以 0.085137 美元的平均价格出售 84813 万个 DOGE。这一有趣的动态表明买家数量远多于卖家，这可能会造成稀缺并继续推高价格。

Can Bulls Take DOGE Above $0.3? 

多头能否将 DOGE 推至 0.3 美元上方？

In light of the price surge and some on-chain metrics, data suggests that the crypto might be on its way to a sustained price increase. DOGE immediately bounced off what seems like a resistance at the $0.08715 level and is currently trading at $0.08515. Although DOGE is up by 21% since the beginning of the year, it is 13% down from December 3, 2022. 

鉴于价格飙升和一些链上指标，数据表明加密货币可能正在走向持续的价格上涨。 DOGE 立即从 0.08715 美元的阻力位反弹，目前交易价格为 0.08515 美元。尽管DOGE自年初以来上涨了21%，但较2022年12月3日下跌了13%。

DOGE went on a spectacular 525% run the last time it closed two consecutive monthly green candles. If history repeats itself, the crypto could shoot past $0.55 in the coming months. The first step would be to move back up and maintain a strong break above the resistance at $0.087 on the convergence of the 0.786 Fibonacci level and the 100-week and 200-week Moving Averages. Then, the next resistance to watch would be the yearly high of $0.096 in April. 

DOGE 上次连续两月度的绿色蜡烛收盘时，涨幅高达 525%。如果历史重演，加密货币可能在未来几个月内突破 0.55 美元。第一步是回升并在 0.786 斐波那契水平与 100 周和 200 周移动平均线收敛时保持强势突破 0.087 美元阻力位。那么，下一个值得关注的阻力位将是 4 月份的年度高点 0.096 美元。

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