Dogecoin price has been experiencing some downward momentum last week, especially after the price dipped from a crucial resistance level. However, the crypto is still holding a key horizontal support, which could spark a short-term rebound.

上週，Dogecoin的價格一直在經歷一些下降勢頭，尤其是在價格下跌至關鍵的抵抗水平之後。但是，加密貨幣仍在持有關鍵的水平支撐，這可能會引發短期反彈。

In Sunday’s session, March 30, Doge saw a 0.56% decline, trading at $0.1688 by 09:04 ET. The crypto is now trading at the lower part of the $0.15-$0.21 trading range that it entered last week.

在周日的會議（3月30日）中，Doge下降了0.56％，交易價格為0.1688美元，到09:04。該加密貨幣現在正在上週輸入的0.15- $ 0.21交易範圍的下部進行交易。

The crypto’s price ranges at the time put it at the weekly lows, and it’s also testing the lower part of a steeper support zone. The good news is that Dogecoin is still holding a key horizontal support at $0.14.

加密貨幣的價格在當時的每週低點範圍內，還在測試陡峭的支撐區的下部。好消息是，Dogecoin仍在持有0.14美元的關鍵水平支撐。

If the price of Dogecoin manages to stay above the $0.14 level, it could bounce to the next support at $205. From there, we could see another leg up for Dogecoin. The next key level to watch on the upside is the resistance at $0.3, which is also attainable in a shorter timeframe.

如果Dogecoin的價格設法保持在0.14美元的水平上，則可以以205美元的價格反彈。從那裡開始，我們可以看到另一條狗的狗蛋白。值得關注的下一個關鍵水平是阻力為0.3美元，在較短的時間內也可以實現。

Taking a more long-term view, charts suggest that a potential for even bigger gains is there. Notably, the weekly Relative Strength Index (RSI) has once again reached oversold levels, for the third time in two years. In the past two instances, this indicator preceded significant price increases.

從長遠來看，圖表表明，有更大收益的潛力。值得注意的是，每週相對強度指數（RSI）在兩年內第三次再次達到了超出水平。在過去的兩個情況下，該指標的價格顯著上漲。

Moreover, the long-term trendline suggests that if this case holds up, Dogecoin has the potential to reach $1 this year. This would also be the next all-time high for Dogecoin, surpassing the $0.7376 level from May 2021.

此外，長期趨勢線表明，如果這種情況成立，Dogecoin有可能達到今年的1美元。這也將是Dogecoin的下一個歷史最高水平，從2021年5月起，它超過了0.7376美元的水平。

However, some traders believe that this is just the start of where Dogecoin can go. Traders have noted that Doge is consistently being traded with a circular pattern on the exponential chart.

但是，一些交易者認為，這僅僅是Dogecoin可以去的地方。交易者指出，Doge一直在指數圖表上以圓形模式進行交易。

Crucially, the recent bottoms in October last year and late March show that the bottom part of the circle acts as a support. If the pattern holds, it puts Dogecoin on a trajectory toward a new all-time high this year, and even beyond $1.

至關重要的是，去年10月和3月下旬的最新底層表明，圈子的底部是支持。如果該模式成立，它將使Dogecoin踏上今年的新歷史最高水平，甚至超過1美元。

Namely, the arc that is forming again, if it holds, would put Dogecoin at $8 this year, which would mean a 4,259% increase from its current price. However, it’s important to know that this scenario, even if it confirms with historical data, is rather unlikely.

也就是說，如果成立的弧線再次形成，將使Dogecoin今年為8美元，這意味著比目前的價格增加了4,259％。但是，重要的是要知道，即使使用歷史數據確認這種情況，也不太可能。

At the price of $8, with the current supply of 148.64 billion tokens, Dogecoin would have a market cap of $1.189 trillion. This would make Dogecoin the second-biggest crypto asset, behind just Bitcoin’s market cap of $1.63 trillion.

Dogecoin的市值為86.4億美元，目前的供應量為1486.4億美元，市值為1.189萬億美元。這將使Dogecoin成為第二大加密資產，僅次於比特幣的市值1.63萬億美元。

Given these projections, it remains important for traders to assess the feasibility and risks associated with such significant growth.

鑑於這些預測，對於交易者來說，評估與如此重要增長相關的可行性和風險仍然很重要。