Thanks to various bullish on-chain metrics, Dogecoin (DOGE) is not relenting in its quest for a competitive advantage. According to crypto charism Trader Tardigrade, Dogecoin’s bull flag is still playing out, which might have enabled the apex meme coin to surge to the psychological price of $0.30. A bull flag formation is deemed bullish since it depicts an uptrend continuation after a brief period of consolidation. This chart pattern, which features a flagpole, flag, and breakout, is often used to identify entry points during ongoing uptrends. Trader Tardigrade had previously noted that DOGE was in line to soar to $1 by stating, “A breakout from a channel has been noted, aligning with recent price actions just before a spike.” According to CoinGecko data, Dogecoin was up by 43.1% in the past month to hit $0.226 at the time of writing.

多虧了各種看漲的鍊鍊指標，Dogecoin（Doge）並沒有為尋求競爭優勢而放鬆。根據加密魅力交易者Tardigrade的說法，Dogecoin的牛市仍在播放，這可能使Apex Meme硬幣升至心理價格0.30美元。公牛旗的形成被認為是看好的，因為它描繪了短暫的合併後的上升延續。此圖表模式具有旗桿，標誌和突破，通常用於識別正在進行的上升趨勢期間的入口點。 Trader Tardigrade此前曾指出，Doge指出：“已經註意到了頻道的突破，與最近的價格行動保持一致。”根據Coingecko數據，在過去的一個月中，Dogecoin上漲了43.1％，在寫作時達到0.226美元。

Dogecoin Experiences Soaring Investor Interest According to Glassnode data, the number of active Dogecoin addresses recently witnessed a major uptick of nearly 1,000% after experiencing a weekly surge of 990% from 61,892 to 674,527. Therefore, this trend shows that Dogecoin is enjoying increased demand, network usage growth, and higher user participation, which is deemed bullish.

根據玻璃節數據，Dogecoin經歷了投資者的興趣飆升，現役的Dogecoin地址的數量最近目睹了近1,000％的大幅增加，因為每週的激增從61,892到674,527。因此，這種趨勢表明，Dogecoin的需求增加，網絡使用增長和更高的用戶參與，這被視為看漲。

According to Trader Tardigrade, this rally might have been fueled by Dogecoin’s bull flag formation, which saw the meme coin price increase from $0.20 to $0.30 after a breakout from the flag at the beginning of August. The crypto trader stated that the apex meme coin’s price movements are still in line with the bull flag pattern, which might have seen it rise to $0.30.

根據Trader Tardigrade的說法，這次集會可能是Dogecoin的Bull Flag Moration助長的，這使Meme Coin的價格從8月初的旗幟突破後，梅米硬幣的價格從0.20美元上漲到0.30美元。加密貨幣交易員表示，頂點模因硬幣的價格變動仍然與牛市的旗幟模式一致，這可能會看到它上升至0.30美元。

"The bull flag on #dogecoin completed, exactly as expected. Breakout, measured move, fib levels all align perfectly. Now we're in a wedge, which could also be a flag if you squint hard enough. Either way, good things are afoot for the meme coin." Trader Tardigrade said.

“ #DogeCoin上的公牛國旗完全按照預期完成。突破，測量的移動，FIB水平都完美地保持。現在我們處於楔子中，如果您足夠堅硬，這也可能是一個旗幟。無論哪種方式，無論哪種方式，好東西都可以使用Meme Coin。”交易者Tardigrade說。

However, Trader Tardigrade's analysis might differ from other market participants' observations. According to Benzinga, the meme coin's price reached a high of $0.317 on Aug. 2.

但是，交易者Tardigrade的分析可能與其他市場參與者的觀察結果有所不同。根據本辛加的說法，模因硬幣的價格在8月2日達到0.317美元。

The trader's analysis further highlighted a potential falling wedge pattern, which could be a continuation of the previous bull flag pattern. This pattern, if it plays out, might lead to a 300% increase from the wedge's lower boundary at $0.10 to an upper boundary of $0.40.

交易者的分析進一步強調了潛在的下降楔形模式，這可能是以前的牛旗模式的延續。這種模式（如果播放）可能會導致楔形下邊界的300％增加到0.10美元到上限為0.40美元。