The price of Dogecoin has been moving sideways while Bitcoin shows signs of strength, and traders are now wondering if the popular meme coin is preparing for a major move. In a video, the YouTube channel More Crypto Online, with over 293,000 subscribers, shared an in-depth look at DOGE chart. Using Elliott Wave Theory, the analyst explained where Dogecoin might be heading next and why a path toward $0.60 is still possible if certain support levels hold up.

Dogecoin的價格一直在側向移動，而比特幣則表現出強度的跡象，而交易員現在想知道流行的Meme Coin是否正在為重大行動做準備。在視頻中，YouTube頻道在線更多的加密貨幣，擁有超過293,000個訂戶，分享了Doge Chart的深入查看。分析師使用Elliott Wave理論解釋了Dogecoin可能會在哪裡前進，以及為什麼如果某些支持水平升高，仍然可以邁向0.60美元的道路。

According to the analysis, Dogecoin is still stuck in a correction. While Bitcoin price appears to be bouncing, most altcoins, including DOGE, are just grinding through their respective downtrends. The analyst mentioned that there’s no clear sign of a confirmed low just yet. However, there’s a chance that DOGE price completed a wave four correction on April 7, which could mean a new rally is starting to form.

根據分析，Dogecoin仍然被困在校正中。儘管比特幣價格似乎正在彈跳，但包括門檻在內的大多數山寨幣都在各自的下降趨勢中磨損。分析師提到，尚無明確的跡象表明確認的低點。但是，Doge Price在4月7日完成了第四次校正，這可能意味著新的集會開始形成。

So far, though, any bounce has only followed a three-wave pattern. That’s typically not strong enough to confirm a full trend reversal. Right now, it’s being labeled as an “ABC” pattern, with a potential move higher still on the table if support levels continue to hold.

但是，到目前為止，任何反彈都只遵循三波圖案。這通常不足以確認趨勢逆轉。目前，它被標記為“ ABC”模式，如果支持水平繼續保持，則桌子上仍有更高的移動。

Can DOGE Price Push Toward $0.25 Again?

Doge Price可以再次推向0.25美元嗎？

The video breaks down what’s happening now as a B-wave pullback. In simple terms, that means the price might be setting up for one more short-term push higher before a bigger move down or up. If DOGE can hold its current levels, the next target could be the $0.25 zone, a previous high that lines up with the structure of an ABC correction.

視頻打破了現在的B波回調，現在正在發生的事情。簡而言之，這意味著在更大的移動或向上移動之前，價格可能會越來越高。如果Doge可以保持其當前水平，那麼下一個目標可能是$ 0.25的區域，這是以前的高點，與ABC校正的結構相對。

There’s also an alternative scenario that the analyst pointed out. In that version, the current A-wave might stretch a bit higher, forming what’s known as a five-wave diagonal pattern. But that’s a less likely path unless DOGE price shows stronger momentum soon.

分析師還指出，還有一種替代方案。在該版本中，當前的A波可能會更高延伸，形成所謂的五波對角模式。但這是一條可能不太可能的路徑，除非Doge Price很快顯示出更強的動力。

Key Support Levels

關鍵支持級別

To keep hopes of a bigger rally alive, Dogecoin needs to stay above some key support zones. The analyst pointed to $0.15 as the critical level to watch. Other notable areas include $0.169, $0.183, and $0.199, all tied to common Fibonacci retracement levels.

為了保持更大的集會的希望，Dogecoin需要保持在一些關鍵的支持區域之上。分析師指出，要觀看的關鍵水平為0.15美元。其他值得注意的區域包括$ 0.169，0.183美元​​和0.199美元，均與普通的斐波那契回縮水平相關。

If the price drops below these levels, the current bullish outlook could fall apart. But if it bounces from one of them and forms a higher low, that could be a strong signal that DOGE price is ready for another leg up.

如果價格下跌以下，那麼目前的看漲前景可能會崩潰。但是，如果它從其中一個彈起並形成更高的低點，那可能是一個強烈的信號，Doge Price可以為另一支腿做好準備。

The Bigger Picture

更大的圖片

Zooming out, the analyst sees this entire move as part of a larger wave structure. If DOGE did finish a larger wave four in April, and if the current pullback holds above support, we could see the start of a C-wave rally. That’s the wave that could eventually push the price much higher, possibly toward that long-awaited $0.60 mark.

縮小後，分析師將這整個移動視為較大波浪結構的一部分。如果Doge在4月確實完成了更大的浪潮，並且如果當前的回調在支持之上，我們可以看到C-Wave Rally的開始。這是最終可能會提高價格的波浪，可能會降低期待已久的0.60美元。

It all depends on how DOGE price reacts in the coming days. A strong bounce, a higher low, and a break above the recent high could flip the chart bullish again. Until then, traders are watching closely to see if Dogecoin can make its next move.

這完全取決於Doge價格在未來幾天的反應。強烈的彈跳，更高的低點和超過最近高的突破可能會再次看漲。在此之前，交易者一直在密切關注，以查看Dogecoin是否可以採取下一步行動。