Dogecoin (CRYPTO: DOGE) price broke out of a Descending Channel pattern on the 3-day chart, which could be shifting the technical momentum from bearish to bullish.

Dogecoin（加密：Doge）的價格從3天圖表上脫穎而出，這可能會將技術勢頭從看跌轉移到看漲。

Dogecoin had been trading in a Falling Wedge pattern on the 4-hour chart since late 2023, which it confirmed by breaking to the upside and sparking a rally that peaked at around $0.45. After this breakout, Dogecoin traded in a Descending Channel.

自2023年下半年以來，Dogecoin一直在4小時圖表上以下落的楔形圖案進行交易，這證實了這一圖案通過闖入上升空間並引發了一場峰值的集會，該集會的峰值達到了0.45美元左右。突破之後，Dogecoin在下降的頻道上進行了交易。

The cryptocurrency faced multiple rejections at the upper boundary of the channel but broke through with strong technical candlestick formations and volumes.

加密貨幣在通道的上部邊界上面臨多次拒絕，但以強大的技術燭台編隊和體積破裂。

Dogecoin is facing minimal overhead resistance based on its current bullish structure. A breakout of the channel could cause a swift rally.

Dogecoin基於目前的看漲結構面臨最小的高架阻力。頻道的突破可能會導致迅速的集會。

Network Activity Explodes

網絡活動爆炸

On-chain data from Glassnode revealed that Dogecoin experienced a remarkable 528% increase in active addresses on May 13, shooting up from 74,640 to 469,477.

GlassNode的鍊鍊數據表明，Dogecoin在5月13日的活動地址的增加了528％，從74,640射擊到469,477。

This surge followed an update concerning 21Shares' application for a spot Dogecoin ETF, which the U.S. Securities and Exchange Commission acknowledged.

這次激增是在有關21shares申請的更新之後的，美國證券交易委員會承認，該申請dogecoin ETF。

The financial services firm confirmed that the financial services firm had completed an administrative filing for a spot Dogecoin ETF, which the SEC had accepted.

這家金融服務公司確認，金融服務公司已完成了SEC接受的現場Dogecoin ETF的行政文件。

The filing aims to track the price of Dogecoin and follows similar endeavors by Bitwise and Grayscale to launch crypto ETFs. This move suggests the potential for mainstream adoption of the meme cryptocurrency.

該文件旨在跟踪Dogecoin的價格，並遵循Bitwise和Grayscale的類似努力來推出加密ETF。此舉表明，模因加密貨幣的主流採用潛力。

The news sparked optimism among investors and traders, leading to an increase in Dogecoin's network activity. This kind of address growth is often a precursor to price movements.

這一消息激發了投資者和貿易商的樂觀情緒，導致Dogecoin的網絡活動增加。這種地址增長通常是價格變動的先驅。

In the futures markets, there is also strong interest in DOGE. According to Glassnode, Dogecoin futures open interest rose by 70% over the last week, climbing from $989 million to $1.65 billion.

在期貨市場中，對Doge也有濃厚的興趣。據GlassNode稱，在上週，Dogecoin Futures Open Isport增長了70％，從9.89億美元攀升至16.5億美元。

This increase occurred despite a setback in price from recent highs, suggesting that traders are continuing to bet on further price appreciation. The decoupling of open interest and price indicates persistent speculative positioning.

儘管價格遇到了挫折，但這種增長還是發生了，這表明貿易商正在繼續下注進一步的價格讚賞。開放利息和價格的解耦表示持續的投機定位。

DOGE has also seen strong spot-buyer demand. Data from CCCoinsights shows that Dogecoin's spot taker 90-day cumulative volume delta is currently "taker-buyer dominant."

Doge還看到了強勁的現場需求。 CccoInsights的數據表明，Dogecoin的現場接收器90天累計卷Delta目前是“ Taker-Buyer Prominals”。

This finding indicates that there is more volume on buys than sells, highlighting more aggressive buying activity since early March. A similar pattern emerged during a 385% rally to $0.48 in Q4 2024.

這一發現表明，購買的數量比出售的數量要多，這突出了自3月初以來更具侵略性的購買活動。在第4224季度的385％集會期間出現了類似的模式，至$ 0.48。

Key Price Levels

關鍵價格水平

On-chain analyst Ali Martinez identified key Dogecoin levels using the UTXO Realized Price Distribution. This metric demonstrates how much of the asset's supply was last purchased at different price levels.

鍊鍊分析師阿里·馬丁內斯（Ali Martinez）使用UTXO實現的價格分配確定了關鍵的狗狗幣水平。該指標證明了上次以不同價格水平購買的資產供應量的多少。

According to the data, there aren't any notable cost basis centers immediately above the current price until $0.36, where investors last bought about 3.8% of all DOGE tokens in existence.

根據數據，直到0.36美元，投資者上次購買了現有的所有Doge代幣的3.8％，直到0.36美元之前，沒有任何值得注意的成本基礎中心。

This observation suggests that $0.36 could pose a major resistance level for Dogecoin in its current uptrend.

該觀察結果表明，$ 0.36在目前的上升趨勢中可能對Dogecoin構成主要阻力水平。

Below the current price, the closest support level appears around $0.21, which hosts the acquisition point of 7.5% of the DOGE supply.

低於目前的價格，最接近的支持水平出現在$ 0.21左右，該價格佔約7.5％的收購點。

If the bears manage to overwhelm the bulls and drive prices lower, this support zone might come into play.

如果熊隊設法壓倒了公牛並推動價格降低，則該支持區可能會發揮作用。

Another crypto analyst, Trader Tardigrade, noted that DOGE has hit a key resistance level around $0.24. A brief consolidation is expected over the next few days.

另一位加密分析師Trader Tardigrade指出，Doge在0.24美元左右達到了關鍵阻力水平。預計將在接下來的幾天內進行簡短的整合。

A breakout above this resistance could propel DOGE to $0.40, signaling healthy upward momentum.

超出此阻力的突破可能會使Doge升至0.40美元，這表明健康的動量健康。

Meanwhile, Dogecoin proponent Kriss Pax highlighted an inverse head-and-shoulders pattern on the 1-day chart. This pattern suggests a potential surge to $0.42.

同時，Dogecoin支持者Kriss Pax強調了為期1天圖表上的逆頭和肩膀模式。這種模式表明潛在的激增至$ 0.42。

Finally, crypto analyst Ace of Trades indicates that DOGE is showing early signs of a major trend reversal. Based on the Wyckoff market schematic, the analyst suggests that the meme coin has officially exited the accumulation zone and entered the mark-up phase on the weekly chart.

最後，加密貨幣分析師ACE的交易表明，Doge正在顯示主要趨勢逆轉的早期跡象。根據Wyckoff市場示意圖，分析師建議模因硬幣已正式退出了累積區，並在每週圖表上進入了加價階段。

For most of 2022 and 2023, Dogecoin traded sideways in the accumulation zone. However, recent bullish activity has pushed its price firmly into the mark-up territory.

在2022年和2023年的大部分時間裡，Dogecoin在蓄能區進行了側面交易。但是，最近的看漲活動已將其價格牢固地推向了標記領土。

If momentum holds, DOGE could continue its upward trajectory toward the upper boundary of the mark-up zone, with the next key resistance at $0.34. Beyond that, the path to the distribution zone above $0.60 becomes clearer if volume and market interest continue to grow.

如果動量保持，Doge可能會繼續向上軌跡向標記區的上邊界，下一個鍵阻力為0.34美元。除此之外，如果數量和市場興趣繼續增長，則通往高於0.60美元的分銷區的道路變得更加清晰。

At the time of writing, Dogecoin is trading at $0.237, up more than 37% in the last seven days.

在撰寫本文時，Dogecoin的交易價格為0.237美元，在過去七天中增長了37％以上。