You can also read this news on BH NEWS: Dogecoin Surges, Surpassing Key Resistance Levels
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Dogecoin, the cryptocurrency that started as a meme, has recently experienced a notable increase in value, climbing over 33% against the US dollar. The digital currency succeeded in breaking past the $0.120 barrier, aiming for the next resistance at approximately $0.132. Investors, having waited eagerly for such a movement, now express their optimism as the price ascends.
狗狗币(Dogecoin)是一种最初作为迷因的加密货币,最近其价值显着上涨,兑美元汇率上涨了 33% 以上。该数字货币成功突破 0.120 美元关口,目标是下一个阻力位约 0.132 美元。投资者热切地等待着这样的走势,现在随着价格的上涨表达了他们的乐观态度。
Breakthrough in Dogecoin’s Market Position
狗狗币市场地位的突破
The crypto coin has surged from its support zone near $0.080, soaring past several resistance levels. A key moment was the breakthrough of a significant contracting triangle pattern on the 4-hour chart, which set off a rally beyond both the $0.0845 and $0.100 barriers. Dogecoin’s price has soared, now trading comfortably above $0.127.
该加密货币已从 0.080 美元附近的支撑区域飙升,飙升至多个阻力位。一个关键时刻是 4 小时图表上重大收缩三角形形态的突破,引发了反弹,突破了 0.0845 美元和 0.100 美元的关口。狗狗币的价格飙升,目前交易价格轻松高于 0.127 美元。
After this rally, Dogecoin witnessed a natural price correction. The price pulled back slightly after reaching a high of $0.1282, yet it remains well above the 23.6% Fibonacci retracement level from the recent surge.
在这次反弹之后,狗狗币经历了自然的价格调整。价格在触及 0.1282 美元高点后小幅回落,但仍远高于近期飙升的 23.6% 斐波那契回撤位。
Forecasting Dogecoin’s Next Moves
预测狗狗币的下一步行动
Technically, Dogecoin is performing strongly, trading above the $0.1220 mark and the 100 simple moving average. There are potential resistance levels ahead at $0.1280 and $0.1320. Breaching the latter could propel the price towards the $0.1450 mark. Nonetheless, failure to maintain upward momentum may lead to a retest of the $0.120 support zone, with further key supports at $0.1065 and $0.100. Indicators such as the 4-hour MACD and RSI suggest bullish momentum but also caution of a possible overbought scenario.
从技术上讲,狗狗币表现强劲,交易价格高于 0.1220 美元大关和 100 简单移动平均线。前方潜在阻力位为 0.1280 美元和 0.1320 美元。突破后者可能会将价格推向 0.1450 美元大关。尽管如此,未能维持上行势头可能会导致重新测试 0.120 美元支撑区域,进一步关键支撑位于 0.1065 美元和 0.100 美元。 4 小时 MACD 和 RSI 等指标表明看涨势头,但也对可能的超买情况持谨慎态度。
While Dogecoin’s upward trajectory is evident, near-term corrections are possible. The ability to break through certain resistance or fall below support levels will dictate its short-term market behavior. Currently, Dogecoin trades at $0.127, with the market closely watching its next movements.
虽然狗狗币的上升轨迹很明显,但短期修正是可能的。突破某些阻力位或跌破支撑位的能力将决定其短期市场行为。目前,狗狗币的交易价格为 0.127 美元,市场密切关注其下一步走势。
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