Dogecoin's Bullish Surge: Key Resistance Broken

狗狗币的看涨浪潮：关键阻力位被打破

Dogecoin's [DOGE] price has experienced a remarkable surge of over 15% in the past seven days. Market indicators and metrics paint a bullish picture for the meme coin.

狗狗币 [DOGE] 的价格在过去 7 天内大幅上涨了 15% 以上。市场指标和指标为模因币描绘了一幅看涨的图景。

Dogecoin Breaks Resistance Barrier

狗狗币突破阻力障碍

After dipping to $0.12 on May 1st, Dogecoin gained bullish momentum, pushing its price up by 15% in the last week. At the time of writing, according to CoinMarketCap, DOGE holds a market capitalization of over $23 billion, trading at $0.1635. Elon Musk's recent update on Tesla's website, stating that DOGE can now be used to purchase more Tesla products, may have contributed to this surge.

在 5 月 1 日跌至 0.12 美元后，狗狗币获得了看涨势头，上周其价格上涨了 15%。截至撰写本文时，根据 CoinMarketCap 的数据，DOGE 的市值超过 230 亿美元，交易价格为 0.1635 美元。埃隆·马斯克最近在特斯拉网站上更新称，DOGE 现在可以用来购买更多特斯拉产品，这可能是导致这一激增的原因之一。

Despite the daily price increase, sentiment surrounding DOGE remains bearish, as evidenced by a dip in its Weighted Sentiment. Social Volume also declined after a spike on May 4th.

尽管价格每日上涨，但围绕 DOGE 的情绪仍然看跌，其加权情绪下跌就证明了这一点。社交量继 5 月 4 日飙升后也有所下降。

Analyst's Optimistic Outlook

分析师的乐观前景

Crypto analyst Rekt Capital recently tweeted a positive outlook for Dogecoin, suggesting that it has flipped multi-year resistance into new support, ending its macro downtrend. This development confirms a macro uptrend for DOGE, potentially leading to new highs in the coming months.

加密货币分析师 Rekt Capital 最近在推特上发布了狗狗币的积极前景，表明它已将多年阻力转变为新的支撑，结束了其宏观下行趋势。这一发展证实了 DOGE 的宏观上升趋势，有可能在未来几个月创下新高。

Possible Weekly Targets

可能的每周目标

While the macro-uptrend has begun, it would be ambitious to expect DOGE to reach an all-time high soon. Analysis of Santiment's data reveals that DOGE's MVRV ratio has turned positive, indicating that more investors are in profit. Velocity has also increased, suggesting that DOGE is being used more frequently in transactions.

虽然宏观上行趋势已经开始，但期望 DOGE 很快达到历史新高将是雄心勃勃的。对 Santiment 数据的分析显示，DOGE 的 MVRV 比率已转为正值，表明更多投资者获利。速度也有所增加，表明 DOGE 在交易中使用得更加频繁。

Technical indicators also show bullish signs. The MACD displays a bullish crossover, and the Relative Strength Index (RSI) indicates a potential continuation of the price surge. However, the Money Flow Index (MFI) remains bearish, staying below the neutral mark.

技术指标也显示出看涨迹象。 MACD 显示看涨交叉，相对强弱指数 (RSI) 表明价格可能会继续上涨。然而，资金流量指数（MFI）仍然看跌，位于中性线下方。

Market Cap in BTC Terms

以 BTC 计算的市值

To determine potential targets for DOGE if the bull rally continues, analysis of Hyblock Capital's data reveals that crossing $0.1669 is crucial, as liquidation would increase significantly at that level. A successful breakout above this mark could open the door for DOGE to reach $0.18 or $0.19.

如果牛市继续上涨，为了确定 DOGE 的潜在目标，对 Hyblock Capital 数据的分析表明，突破 0.1669 美元至关重要，因为在此水平上清算将显着增加。如果成功突破该水平，DOGE 可能会达到 0.18 美元或 0.19 美元。