Elon Musk's Support Drives Dogecoin's Resurgence

埃隆·马斯克的支持推动了狗狗币的复兴

With Elon Musk's recent interest in U.S. politics and his support for Donald Trump, the "Dogefather" has re-emerged as a significant player in the cryptocurrency market. As evidenced by the overwhelming success of Musk's recent town hall, which garnered more views than Kamala Harris' live rally, the public's sentiment towards Dogecoin is strongly positive.

随着埃隆·马斯克最近对美国政治的兴趣以及对唐纳德·特朗普的支持，这位“教父”重新成为加密货币市场的重要参与者。马斯克最近的市政厅取得了压倒性的成功，比卡马拉·哈里斯的现场集会获得了更多的观看次数，这证明了公众对狗狗币的态度非常积极。

This resurgence has led to a surge in Dogecoin's price and social media activity. Should investors consider acquiring DOGE in anticipation of another bull run?

这种复苏导致狗狗币的价格和社交媒体活动激增。投资者是否应该考虑收购 DOGE 以应对另一轮牛市？

Dogecoin Price Analysis

狗狗币价格分析

The daily chart for Dogecoin (DOGE) reveals a bullish trend, with eight consecutive green candles representing a 24.57% increase. This uptrend initiated with a double-bottom reversal and a breach of a falling wedge pattern.

狗狗币 (DOGE) 的日线图显示看涨趋势，连续八根绿色蜡烛代表上涨 24.57%。这一上升趋势始于双底反转和下降楔形形态的突破。

Since its recent low of $0.08049 on August 5th, Dogecoin has climbed by 62.64% in three months, surpassing its previous peak of $0.1282 and forming a rounding-bottom reversal pattern.

自8月5日触及近期低点0.08049美元以来，狗狗币在三个月内上涨了62.64%，超越了此前的峰值0.1282美元，并形成了圆底反转模式。

Technical Indicators

技术指标

• MACD: A positive crossover in the MACD signal line, coupled with rising histograms, suggests increasing bullish momentum.
• EMA: The bullish influence has strengthened, leading to an uptick in the 50-day EMA, raising the likelihood of a golden crossover.

These technical indicators support the continuation of the bullish trend in Dogecoin's price.

MACD：MACD信号线正向交叉，加上柱状图上升，表明看涨势头增强。EMA：看涨影响力增强，导致50日均线上涨，增加金叉的可能性。这些技术面指标支持狗狗币价格继续看涨趋势。

Dogecoin Social Activity

狗狗币社交活动

LunarCrush Social Intelligence recently reported that Dogecoin's social media presence has exploded across major platforms, reaching a 12-month high and a 3-month peak. Its social dominance has increased by 1.55%, while creator activity has surged by 2.59% over the past 24 hours.

LunarCrush Social Intelligence 最近报道称，狗狗币在各大平台的社交媒体曝光率呈爆炸式增长，达到 12 个月以来的最高点和 3 个月以来的最高点。过去 24 小时内，其社交统治力增长了 1.55%，创作者活跃度激增 2.59%。

Dogecoin Price Targets

狗狗币价格目标

Based on Fibonacci levels, the uptrend has exceeded the 23.60% and 38.20% retracement levels. However, Dogecoin encountered resistance at approximately $0.14, resulting in a long-wicked intraday candle.

根据斐波那契水平，上升趋势已超过 23.60% 和 38.20% 回撤水平。然而，狗狗币在大约 0.14 美元处遇到阻力，导致盘中出现长烛。

This resistance raises concerns about the sustainability of the bullish momentum above the 38.20% Fibonacci level. Nonetheless, the uptrend projects the next target at the 50% level of $0.14404.

这一阻力引发了人们对 38.20% 斐波那契水平上方看涨势头能否持续的担忧。尽管如此，上升趋势预计下一个目标为 50% 水平 0.14404 美元。

If the uptrend persists amidst a broader market recovery, Dogecoin (DOGE) is likely to break through the 50% level and reach the 67.80% or 78.60% levels at $0.1591 or $0.1835, respectively. Conversely, crucial support lies at $0.1151 and the psychological mark of $0.10.

如果在更广泛的市场复苏中持续上涨趋势，狗狗币（DOGE）可能会突破 50% 水平，并分别达到 67.80% 或 78.60% 水平，价格为 0.1591 美元或 0.1835 美元。相反，关键支撑位于 0.1151 美元和心理关口 0.10 美元。