Dogecoin (CRYPTO: DOGE) prices rose 1.64% over the past 24 hours on Thursday evening, suggesting that the meme coin might have hit bottom.

在過去的24小時內，Dogecoin（加密：Doge）的價格上漲了1.64％，這表明Meme Coin可能已經達到最低點。

What Happened: Dogecoin encountered some bullish signs as it appeared to be exiting its sell-off phase and prepared for a rally.

發生了什麼：Dogecoin遇到了一些看漲的跡象，因為它似乎正在退出其拋售階段並為集會做準備。

TradingView data showed that the Moving Average Convergence Divergence (MACD) indicator on Dogecoin supported an optimistic trend reversal for the meme coin.

TradingView數據顯示，Dogecoin上的移動平均收斂差異（MACD）指標支持模因硬幣的樂觀趨勢逆轉。

The MACD, often used to spot trend changes, momentum and potential buy and sell signals, showed that Dogecoin had flattened from late February into March.

MACD通常用於發現趨勢變化，動力和潛在的買賣信號，表明Dogecoin從2月下旬到3月已經變平。

The MACD line appeared to be on the verge of moving above the signal line, which could spark a price rally for DOGE. This could put DOGE on a recovery path toward $0.20, a level where the meme coin had encountered resistance for about 11 days.

MACD線似乎正處於信號線上移動的邊緣，這可能會激發Doge的價格集會。這可能會使Doge走向0.20美元的恢復道路，這是模因硬幣遇到阻力約11天的水平。

Analysts had earlier predicted that DOGE might bounce back to higher levels if the price found stability. However, DOGE slipped below this support level and the recent rebound move could indicate a shift.

分析師早些時候曾預測，如果價格穩定，Doge可能會反彈到更高的水平。但是，Doge滑倒在此支持水平以下，最近的反彈移動可能表明轉變。

As of press time, the DOGE price was trading at $0.1715, showing little change over the past 24 hours. However, there was less activity from DOGE investors as the trading volume declined by 32.09% to $1.02 billion.

截至發稿時，總督價格的交易價格為0.1715美元，在過去的24小時內幾乎沒有變化。但是，Doge投資者的活動較少，因為交易量下降了32.09％，至10.2億美元。

Why It's Important: Analysts noted that investors remained apprehensive as the chart displayed a death cross. The 23-day moving average crossed the 200-day moving average, leading to a slip from $0.24 to $16. An analysis also showed that another death cross was likely pending.

為什麼重要的是：分析師指出，由於圖表顯示了死亡十字架，投資者仍然擔心。 23天的移動平均線超過200天移動平均線，從0.24美元下降到16美元。一項分析還表明，另一個死亡十字架可能正在等待。

However, with the MACD indicator flashing bullish signals, some anticipated that DOGE could rally as high as $4 in the long term.

但是，隨著MACD指示器閃爍的看漲信號，一些人預計，長期以來，Doge可能會高達4美元。

According to crypto analyst Ali Martinez, the DOGE price charts can move to $4 if it sustains between $0.16 and $0.19.

根據加密分析師阿里·馬丁內斯（Ali Martinez）的說法，如果總督的價格圖表持續0.16美元至0.19美元，則可以提高到4美元。

"Dogecoin price action is showing some interesting signs of a potential trend reversal. If the bulls can manage to keep the price afloat above the 200-day MA and if MACD generates a bullish crossover in the coming days, then we might see a move towards the 0.2 Fib level, at 0.198,” said Martinez.

“ Dogecoin的價格行動顯示出一些潛在趨勢逆轉的有趣跡象。如果公牛可以設法將價格保持在200天的MA以上，並且MACD在未來幾天內產生了看漲的交叉，那麼我們可能會看到朝著0.2纖維水平的轉變，為0.198，” Martinez說。

If the rally continues, the next target on the table is the 0.382 Fib retracement level, at 0.24, which provided strong support during the previous bear market. A break above this level could open the door for a further rally to 0.5 Fib, at 0.39, and potentially even higher to 0.618 Fib, at 0.48.

如果拉力賽繼續進行，桌子上的下一個目標是0.382 FIB回撤度水平，為0.24，在先前的熊市中提供了強有力的支持。超過此水平的突破可以打開門，以進一步的集會為0.5 fib，在0.39，甚至可能更高至0.618 fib，在0.48處。

"A sustained rally above the 0.5 Fib level could propel the price towards 1 Fib, at 4.0. However, it's important to note that such a strong rally is unlikely to occur in a single year. Instead, it's more likely to unfold over several years," the analyst explained.

該分析師解釋說：“持續的集會高於0.5纖維水平，可以將價格推向1 fib。但是，重要的是要注意，這種強大的集會不太可能在一年內發生。相反，幾年來更有可能在幾年內展開。”