TL;DR
Dogecoin has surged 10% daily, with speculation linking the rally to Elon Musk. Analysts predict potential further gains. However, its RSI over 70 suggests that the coin may be overbought and due for a pullback.

TL;DRDogecoin 每日飙升 10%，有人猜测此次上涨与埃隆·马斯克有关。分析师预测潜在的进一步上涨。然而，其相对强弱指数 (RSI) 超过 70 表明该代币可能已超买并应回调。

Is DOGE Ready to Skyrocket?
The leading meme coin is among the crypto sector’s top performers today (October 16), recording a 10% price spike. It currently trades just south of $0.13, while its market capitalization surpassed $18.6 billion.

DOGE 准备好飙升了吗？今天（10 月 16 日），领先的 meme 代币是加密货币领域表现最好的代币之一，价格上涨了 10%。目前其交易价格略高于 0.13 美元，而其市值则超过 186 亿美元。

DOGE Price, Source: CoinGecko

DOGE 价格，来源：CoinGecko

DOGE’s latest rally could be attributed to the overall revival of the industry, where Bitcoin (BTC) exceeded $67,500. On the other hand, other well-known meme coins have struggled to keep pace, witnessing more modest price increases.

DOGE 的最新反弹可能归因于该行业的整体复苏，比特币 (BTC) 突破了 67,500 美元。另一方面，其他知名的模因币却难以跟上步伐，价格上涨较为温和。

As such, some industry participants suggested that Dogecoin’s resurgence could have some connection to Elon Musk. Musk, Tesla’s CEO and one of the wealthiest people on the planet, is a huge proponent of the meme coin, often praising its merits. Twitter user Bluntz supported this theory:

因此，一些业内人士认为，狗狗币的复兴可能与埃隆·马斯克有关。特斯拉首席执行官、全球最富有的人之一马斯克是模因币的大力支持者，经常称赞其优点。 Twitter 用户 Bluntz 支持这一理论：

$doge going mental today while all the other memes have been sliding.
somethings cooking and i cant help but feel its something elon related
pic.twitter.com/2yyNiWnfQA
— Bluntz (@Bluntz_Capital) October 16, 2024

$doge 今天变得精神起来，而所有其他模因都在滑动。有些东西正在烹饪，我情不自禁地感觉到它与埃隆相关pic.twitter.com/2yyNiWnfQA — Bluntz (@Bluntz_Capital) 2024 年 10 月 16 日

Several analysts claimed that DOGE has yet to make headlines by experiencing a price explosion. Twitter user Ali Martinez presented a chart showing that the valuation could skyrocket to an all-time high of $10 in the following months.

几位分析师声称，DOGE 尚未因价格爆炸而成为头条新闻。 Twitter 用户阿里·马丁内斯 (Ali Martinez) 展示了一张图表，显示该股估值可能在接下来的几个月内飙升至 10 美元的历史新高。

It is worth mentioning, though, that such a rally would require Dogecoin’s market cap to jump to over $1.4 trillion, making the forecast quite unlikely. Some commenting on the post shared skepticism, describing the prediction as simply impossible.

但值得一提的是，这样的反弹需要狗狗币的市值跃升至 1.4 万亿美元以上，因此这一预测的可能性很小。一些对该帖子的评论表示怀疑，称这一预测根本不可能。

The Bearish Factor
Despite DOGE’s impressive surge in the past 24 hours, one technical indicator hints at an incoming correction. Namely, this is the Relative Strength Index (RSI), whose ratio surpassed 70.

看跌因素 尽管 DOGE 在过去 24 小时内大幅飙升，但一项技术指标暗示即将出现调整。也就是说，这就是相对强弱指数（RSI），其比率超过了70。

The metric measures the speed and change of price movements, with readings below 30 suggesting that the asset is in oversold territory and might be headed for a rally.

该指标衡量价格变动的速度和变化，读数低于 30 表明该资产处于超卖区域，可能会上涨。

On the other hand, anything above 70 generally signals that DOGE is overbought and could be due for a pullback in the short term.
The post Super Bullish Dogecoin (DOGE) Price Prediction but is it Too Outrageous? appeared first on CryptoPotato.

另一方面，任何高于 70 的值通常都表明 DOGE 已超买，并且可能会在短期内回调。超级看涨狗狗币 (DOGE) 价格预测后，但它是否太离谱了？首先出现在 CryptoPotato 上。