Dogecoin [DOGE] saw a breakout from a 2-month range formation earlier this month. This breakout took the memecoin’s price to $0.26, just below the $0.264 resistance. Since January, Dogecoin has been in a downtrend.

Dogecoin [Doge]在本月早些時候看到了一個2個月的陣型。這次突破使Memecoin的價格達到0.26美元，略低於0.264美元的電阻。自1月以來，Dogecoin一直處於下降趨勢。

The bullish performance of Bitcoin [BTC] in the past six weeks has helped revitalize the leading memecoin, as well as the rest of the altcoin market.

在過去的六周中，比特幣[BTC]的看漲表現有助於振興領先的紀念物以及其他山寨幣市場。

BTC was still leading the market, and altseason was not here yet, but traders and investors can expect Dogecoin to rally further.

BTC仍在領導市場，而Altseason還不在這裡，但是商人和投資者可以期望Dogecoin進一步集會。

Dogecoin is ready to rally to $0.3 next

Dogecoin準備集會到$ 0.3

Source: DOGE/USDT on TradingView

資料來源：Doge/USDT在TradingView上

The Bollinger Bands saw Dogecoin surge above the upper band on the 10th of May. It was forced to retrace from there.

5月10日，布林樂隊在上部樂隊上方看到了多黴素的激增。它被迫從那裡回來。

The Fibonacci retracement levels marked for this move showed that the 50% retracement level was tested.

該舉動標記的斐波那契回回水平表明，測試了50％的回回水平。

At press time, the price was moving higher once again. Its breakout beyond the range meant that the 1-day chart had a bullish market structure. The volume indicators noted that buying pressure was consistent.

發稿時，價格再次上漲。它的突破超出了該範圍，這意味著為期1天的圖表具有看漲的市場結構。音量指標指出，購買壓力是一致的。

The A/D indicator has slowly trended higher over the past two months. Buying volume has outweighed selling volume. The CMF was also above +0.05 to indicate positive capital flows to the Dogecoin market.

在過去的兩個月中，A/D指示器逐漸升高。購買量大於銷售量。 CMF也高於+0.05，以表明向Dogecoin市場的積極流動。

A move beyond the upper Bollinger Band could see a pullback, while the 20-day moving average was a dynamic support. The long-term Fib levels (yellow) showed that the $0.306 was the next target.

超越上布林樂隊的移動可能會看到回調，而20天的移動平均線是動態的支持。長期的FIB水平（黃色）表明，$ 0.306是下一個目標。

Source: Santiment

資料來源：santiment

While the volume indicators showed strong buying pressure in recent weeks, the mean coin age metric showed network-wide distribution during the rally in May.

儘管近幾週的體積指標顯示出強大的購買壓力，但平均硬幣年齡指標在5月的集會期間顯示出範圍內的網絡分佈。

The falling MCA reflected increased token movement among DOGE holders, likely for selling.

下降的MCA反映了大門持有者之間的令牌運動增加，可能是出售的。

The recent rally and retracement also saw a sharp uptick in daily active addresses on the 14th of May. The 90-day MVRV ratio showed that holders of the past three months were at a decent profit margin.

最近的集會和回答還引起了5月14日的日常活動地址的急劇上升。 90天的MVRV比率顯示，過去三個月的持有人的利潤率不錯。

Hence, on-chain metrics showed that short-term holders taking profits could pose a threat to Dogecoin’s rally.

因此，鏈界指標表明，短期持有人獲得利潤可能對Dogecoin的集會構成威脅。