Dogecoin price showed signs of recovery on Monday, rising 3.4% by 10:00 ET and trading at $0.239. The dog-themed meme coin has seen triple-digit percentage gains in the last week, making it one of the best-performing cryptocurrencies.

Dogecoin的價格顯示在周一回收跡象，到ET 10:00上漲3.4％，交易價格為0.239美元。以狗為主題的模因硬幣在上週看到了三位數的百分比增長，使其成為表現最好的加密貨幣之一。

Dogecoin price action recently stalled at $0.260 over the weekend, a barrier it has failed to breach since early February. However, the current market sentiment and technical indicators signal a likely breakout in the near-term.

Dogecoin的價格行動最近在周末停滯了0.260美元，這是自2月初以來未能違反的障礙。但是，當前的市場情緒和技術指標表明，在短期內可能會突破。

According to Coinanalyze data, DOGE open interest value rose by 8.1% in the last 24 hours to reach $1.4 billion. That signals rising investor confidence in the coin’s upside potential, which adds support to the price.

根據Coinanalyze數據，在過去24小時內，Doge開放興趣價值上升了8.1％，達到14億美元。這表明投資者對硬幣的上漲潛力的信心增加，這增加了價格的支持。

Notably, meme coins have bounced back strongly in the wake of news of a breakthrough in trade negotiations between the United States and China. Dogecoin’s peers including FLOKI, WIF and Based Brett have all registered triple-digit percentage growth in the last week. That could see traders increasingly inclined towards those coins at DOGE’s expense.

值得注意的是，隨著美國與中國之間貿易談判取得突破的消息，模因硬幣已經強烈反彈。在上週，Dogecoin的同齡人在內，包括Floki，Wif和總部的Brett都有三位數的增長。這可能會使交易者越來越傾向於以總督為代價的硬幣。

However, DOGE still runs on Proof of Work, which gives sets it apart from most meme coins and gives it an edge, especially among institutional investors. That sentiment favours continued growth by Dogecoin, thanks to its status as the largest meme coin by market capitalisation. Furthermore, Dogecoin price recently crossed above the 20-week and 50-week Simple Moving Average levels, affirming a strong bullish undercurrent.

但是，Doge仍在工作證明，這使其與大多數模因硬幣區分開來，並具有優勢，尤其是在機構投資者中。這種情緒偏愛Dogecoin的持續增長，這要歸功於其作為市值的最大模因硬幣的地位。此外，Dogecoin價格最近超過了20周和50週的簡單移動平均水平，確認了強大的看漲暗流。

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Dogecoin Price Prediction

Dogecoin價格預測

The momentum on Dogecoin price calls for further upside above the pivot mark at $0.222. It will likely meet the first hurdle at $0.248. However, if the buyers extend their control, the momentum could go above that level and test $0.260.

Dogecoin價格的勢頭要求在樞軸標記上方以0.222美元的價格上漲。它可能以0.248美元的價格達到第一個障礙。但是，如果買家擴展了自己的控制權，那麼勢頭可能會超過該水平並測試0.260美元。

On the other hand, the momentum could shift to the downside if the price breaks below $0.222. That will likely see the DOGEUSD pair find the first support at $0.205. The upside narrative will be invalid if the price action goes below that level. In addition, that could strengthen the downward momentum and send the price lower to test $0.184.

另一方面，如果價格下跌低於0.222美元，則勢頭可能會轉向下跌。這很可能會使Dogeusd對找到第一個支持，價格為0.205美元。如果價格動作低於該水平，上升敘述將無效。此外，這可以增強下降勢頭，並將價格降低到測試$ 0.184。