Dogecoin Shows Strong Signs of an Upcoming Price Surge

狗狗币显示出即将到来的价格飙升的强烈迹象

Cryptocurrency world's biggest meme coin, DOGE, is exhibiting a promising technical formation known as the "golden cross" in its weekly price averages. The last golden cross, observed in January 2021, preceded an impressive price increase of 8,000%.

加密货币世界上最大的模因硬币 DOGE 在其每周平均价格中展现出一种被称为“金十字”的有前途的技术形态。最后一次金十字出现于 2021 年 1 月，随后价格大幅上涨 8,000%。

Golden Cross Formation in Dogecoin

狗狗币中的黄金十字形态

The reformation towards the golden cross, which accurately predicted the rise in early 2021, has excited DOGE investors. With a market value of approximately $22 billion, DOGE has outperformed Bitcoin by a significant margin this year, with a price increase of over 70% compared to Bitcoin's approximate 50% rise.

准确预测2021年初上涨的金叉改革让DOGE投资者兴奋不已。 DOGE 的市值约为 220 亿美元，今年的表现大幅优于比特币，其价格涨幅超过 70%，而比特币的涨幅约为 50%。

Dogecoin's spot price is currently trending upwards in its 50-week simple moving average (SMA). It is anticipated that DOGE will cross above its 200-day moving average in the coming weeks, completing the formation of the golden cross. This technical indicator suggests that the short-term price momentum is likely to surpass the long-term momentum, potentially leading to a sustained upward trend.

狗狗币的现货价格目前在 50 周简单移动平均线 (SMA) 中呈上升趋势。预计DOGE将在未来几周内突破200日移动均线，完成金叉的形成。该技术指标表明，短期价格动能可能超过长期动能，有可能导致持续上涨趋势。

Investors' Interest

投资者兴趣

Investors following this momentum often rely on moving average crossovers to determine optimal entry and exit points in the market. This method, employed as part of a strategic approach, facilitates clearer trend assessment and informed decision-making.

追随这种势头的投资者通常依靠移动平均线交叉来确定市场的最佳进入和退出点。这种方法作为战略方法的一部分，有助于更清晰的趋势评估和明智的决策。

Historical Precedent

历史先例

In March, DOGE's price surpassed the 200-week SMA, breaking out of a prolonged period of consolidation. Since then, it has established robust support above this crucial average. The upcoming golden cross will be the first observed in over three years. Notably, the previous golden cross was followed by a four-month rally in January 2021, during which prices soared over 8,000% to a record high of 76 cents on Binance.

3月份，DOGE的价格突破了200周移动平均线，突破了长期的盘整期。从那时起，它就在这一关键平均线上方建立了强劲的支撑。即将到来的金十字将是三年多以来首次出现。值得注意的是，继上次黄金交叉之后，2021 年 1 月出现了长达四个月的上涨，在此期间，币安价格飙升了 8,000% 以上，达到 76 美分的历史新高。

Cautions

注意事项

While historical performance provides insights, it is not an absolute guarantee of future outcomes. Meme coins like DOGE, which lack tangible real-world applications, are primarily driven by speculation. As a result, they are highly susceptible to liquidity conditions in fiat currencies and global interest rate expectations.

虽然历史表现提供了见解，但它并不能绝对保证未来的结果。像 DOGE 这样的模因币缺乏切实的现实应用，主要是由投机驱动的。因此，它们非常容易受到法定货币流动性状况和全球利率预期的影响。

During DOGE's 2021 surge, global interest rates were near or below zero, fostering unprecedented risk-taking in financial markets. However, major economies such as the USA are currently experiencing the highest interest rate levels in recent years. This could potentially impact assets like DOGE.

在 DOGE 2021 年飙升期间，全球利率接近或低于零，助长了金融市场前所未有的冒险行为。然而，美国等主要经济体目前正经​​历近年来最高的利率水平。这可能会影响 DOGE 等资产。