Dogecoin (DOGE) price is currently holding above the $0.1869 support level as the crypto market continues to pose challenges for other altcoins.

Dogecoin（Doge）的價格目前持有高於0.1869美元的支持水平，因為加密貨幣市場繼續對其他Altcoins構成挑戰。

Dogecoin Technical Analysis

Dogecoin技術分析

On the 4-hour chart, after failing to break the long-standing resistance line at the 50% Fibonacci level and the psychological $0.25 mark, a bearish reversal occurred with a break of the 200-day, 100-day, and 50-day EMAs to test the 23.60% Fibonacci level at $0.1869.

在4小時的圖表上，在未能以50％的斐波那契水平打破長期阻力線和0.25 $ 0.25的標記之後，發生了看跌的逆轉，突破了200天，100天和50天的EMA，以測試23.60％的Fibonacci水平，為0.1869美元。

Although there were a few candles with long tails that appeared over the weekend, this suggests that the meme currency could still maintain its position above the support level.

儘管週末有一些蠟燭出現了長尾巴，但這表明模因貨幣仍然可以將其位置保持在支撐水平之上。

However, the MACD indicator and the signal line have formed a bearish crossover and are close to the center line, signaling increasing bearish momentum. If the MACD and the signal line continue to decline, the possibility of a deeper correction in Dogecoin will increase.

但是，MACD指示器和信號線已經形成了看跌的交叉，並且靠近中心線，信號增加了看跌動量。如果MACD和信號線繼續下降，則需要更深入的Dogecoin校正。

Also, the downward movement of the 50- and 100-day EMAs has delayed a possible bullish crossover that could signal a trend reversal.

同樣，50天和100天EMA的向下移動延遲了可能的看漲跨界，這可能表明趨勢逆轉。

Dogecoin Price Chart 4 Hour

Dogecoin價格圖4小時

Derivatives Market and Liquidation

衍生品市場和清算

Despite the short-term pullback in Dogecoin, the derivatives market remains neutral towards this meme coin.

儘管Dogecoin短期回調，但衍生品市場仍然對這種模因硬幣保持中立。

Dogecoin open interest remains relatively unchanged at $2.05 billion, while the long-to-short ratio at 0.9972 is nearly balanced.

Dogecoin開放興趣仍然相對不變，為20.5億美元，而0.9972的長期比率幾乎平衡。

However, liquidation data showed a slight bearish trend, with long liquidations increasing to $2.44 million, compared to $1.77 million in short liquidations.

但是，清算數據顯示出輕微的看跌趨勢，長期清算量增加到244萬美元，而短清算中的清算趨勢為177萬美元。

Despite the greater removal of bullishly-oriented traders, continued trading activity suggests a mild bullish bias.

儘管更大的看漲貿易商撤離了更多的交易活動，但持續的貿易活動表明是輕微的看漲偏見。

This was supported by a surge in the funding rate to 0.0069%, reflecting optimism among Dogecoin traders. This increases the likelihood of a leverage-driven recovery that could complete the bullish pattern.

這是由於資金率提高到0.0069％的支持，這反映了Dogecoin交易者的樂觀情緒。這增加了可以完成看漲模式的槓桿驅動恢復的可能性。

Dogecoin Price Chart All Time High

Dogecoin價格圖一直高

Analyst Predictions and Upside Potential

分析師預測和上升潛力

Adding to the bullish outlook, crypto analyst Tardigrade has highlighted the potential for a new bull run in Dogecoin.

加密分析師Tardigrade除了看漲外表外，還強調了在Dogecoin進行新的公牛奔跑的潛力。

The analyst points out the breakout of the base-three pattern in a gradual parabolic curve formation.

分析師指出了逐漸的拋物線曲線形成中基本圖案的突破。

At the end of the third base, the analyst predicts that Dogecoin could deliver a 2x return, potentially surpassing the $0.50 psychological level.

在第三壘結束時，分析師預測，狗狗幣可能會帶來2倍的回報，可能超過0.50美元的心理水平。

Overall, with various technical indicators and market analysis in favor, as well as predictions from reputable analysts, Dogecoin seems to be on the verge of a significant rise.

總體而言，有了各種技術指標和市場分析，以及備受信譽的分析師的預測，Dogecoin似乎正處於顯著上升的邊緣。

Investors and traders should monitor key support and resistance levels and derivatives market dynamics to make informed investment decisions.

投資者和貿易商應監控關鍵支持和阻力水平以及衍生品市場動態，以做出明智的投資決策。