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Defying the larger trend of market correction within the cryptocurrency realm, Dogecoin (DOGE) has seen a significant uptick in its value during the latter part of March. From a low of $0.122, the meme-inspired token soared by 78%, reaching a value of $0.21. This surge indicates a robust response from investors and hints at a possible continuation of this upward trajectory.

狗狗币 (DOGE) 与加密货币领域内市场调整的大趋势相悖，其价值在 3 月下旬出现了大幅上涨。这个受 meme 启发的代币从 0.122 美元的低点飙升了 78%，达到 0.21 美元的价值。这种飙升表明投资者的强烈反应，并暗示这种上升趋势可能会持续下去。

Surge in Trading Activity Boosts DOGE

交易活动激增提振 DOGE

The recent rise in Dogecoin’s value broke past the upper resistance level of $0.2, suggesting the coin may be on track for further gains. The recovery parallels that of Bitcoin, which has begun climbing up from $60,000. Dogecoin’s sharp rebound from key technical support levels, coupled with a surge in trading volume, signifies strong buying momentum and investor interest in the token.

狗狗币价格近期上涨突破了 0.2 美元的上方阻力位，表明狗狗币可能有望进一步上涨。比特币的复苏与比特币的复苏类似，比特币已经从 60,000 美元开始攀升。狗狗币从关键技术支撑位大幅反弹，加上交易量激增，表明强劲的购买势头和投资者对该代币的兴趣。

In a recent two-week period, large-scale investors, known as ‘whales’, have significantly increased their DOGE holdings, purchasing around 1.4 billion coins. This equates to an investment of $280 million, underlining their confidence in Dogecoin’s prospects. Despite a slight intraday loss of 2.4% after hitting a peak price of $0.2288, the highest in 28 months, the coin’s value is likely to test former resistance turned support levels.

在最近两周内，被称为“鲸鱼”的大型投资者大幅增持了 DOGE 持有量，购买了约 14 亿枚代币。这相当于 2.8 亿美元的投资，突显了他们对狗狗币前景的信心。尽管在触及 28 个月来的最高价格 0.2288 美元后盘中小幅下跌 2.4%，但代币的价值可能会测试之前的阻力位和支撑位。

Long-Term Outlook Shows Bullish Pattern

长期前景显示看涨模式

Analysts have observed a rounded bottom pattern in Dogecoin’s chart, which suggests a slow but steady shift from bearish to bullish momentum. This pattern, alongside the recent price rally, could motivate investors to target higher price points of $0.27 and subsequently $0.3. The formation of this pattern, bolstered by Bitcoin’s recovery and significant DOGE accumulation by whales, indicates a promising long-term upward trend for the cryptocurrency.

分析师在狗狗币图表中观察到圆底模式，这表明从看跌势头到看涨势头缓慢但稳定的转变。这种模式加上最近的价格上涨，可能会促使投资者将目标价定为 0.27 美元，随后为 0.3 美元。在比特币的复苏和鲸鱼大量积累 DOGE 的支撑下，这种模式的形成表明了加密货币的长期上升趋势。

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