Dogecoin Shows Signs of Recovery Amidst Market Upswing

Dogecoin在上升市场中显示出恢复的迹象

Dogecoin (DOGE) is signaling a potential resurgence after a recent dip. With the cryptocurrency market exhibiting a general upward trajectory, DOGE has emerged with notable price movements.

Dogecoin（Doge）表明在最近的下降后潜在的复兴。随着加密货币市场展现出一般的向上轨迹，Doge出现了显着的价格变动。

Traders' Support for Dogecoin

商人对狗狗的支持

In the past 24 hours, Dogecoin has gained 4.05%, currently trading at $0.33. This price uptick began with robust buying at a critical support level of $0.31.

在过去的24小时内，Dogecoin上涨了4.05％，目前的交易价格为0.33美元。这种价格上涨始于以0.31美元的关键支持水平强劲的购买。

Accompanying the increasing trader interest, trading volume has also risen by 8.5% in the last day. This activity in altcoins reflects growing investor confidence and strengthens upward momentum. Technical analysis suggests that if DOGE holds above the $0.31 support, there is a strong possibility of a 25% short-term price increase, potentially reaching $0.41.

随着交易者利息的增加，交易量在最后一天也增长了8.5％。 AltCoins中的这项活动反映了投资者的信心不断增长，并增强了向上的动力。技术分析表明，如果Doge持有高于0.31美元的支持，则很可能短期价格上涨25％，可能达到0.41美元。

Furthermore, DOGE is forming a double bottom pattern on its daily chart. This pattern typically precedes significant upward movement, and Dogecoin is currently in the process of completing this formation.

此外，Doge在其每日图表上形成了双底模式。这种模式通常在重要的向上运动之前，而Dogecoin目前正在完成此组合。

On-Chain Data Confirms Upward Momentum

链上数据证实了向上的动力

Bullish market sentiment is corroborated by on-chain data. According to Coinglass, the outflow of DOGE from exchanges to wallets has reached $11.50 million. Outflows indicate long-term investor holding, signaling increased buying pressure.

看涨的市场情绪是通过链上数据证实的。根据Coinglass的说法，从交易所到钱包的Doge的流出已达到1,150万美元。流出表明长期投资者持有，标志着购买压力增加。

Confidence in DOGE futures is also noteworthy. The current long/short ratio is 1.056, the highest since December 2024. Among key investors, 53.5% hold long positions, with 46.5% maintaining short positions.

对Doge Futures的信心也值得注意。当前的长/短比率为1.056，是2024年12月以来最高的。在主要投资者中，有53.5％的职位持有长位，其中46.5％的职位保持短缺。

The Relative Strength Index (RSI), a critical indicator, sits at 45, indicating that Dogecoin is not overbought and retains further upside potential.

相对强度指数（RSI）是一个关键指标，位于45位，表明狗狗蛋白没有过多，并且保留了进一步的上升潜力。

Outlook

前景

Collectively, these factors suggest that Dogecoin could maintain its upward momentum and test the $0.41 level in the coming days. However, it is imperative that the $0.31 level remains a firm support.

总的来说，这些因素表明，Dogecoin可以保持其上升势头，并在未来几天测试$ 0.41的水平。但是，$ 0.31的水平必须是公司的支持。