Dogecoin price is heating up and could be setting up for a major rally, according to a prominent crypto analyst.

一位著名的加密分析師稱，Dogecoin的價格正在加熱，可能正在為重大集會設置。

If it can close a monthly candle above one key level, then it could open the door for a surge toward its previous all-time high.

如果它可以每月關閉一個高於一個關鍵水平的蠟燭，那麼它可以為其以前的歷史高潮打開大門。

What Happened: As noted by Ali, who is known for spotting key chart patterns, if Dogecoin (CRYPTO: DOGE) can close the monthly candle above the $0.20 resistance, then it could see a move toward its all-time high of $0.74.

發生的事情是：正如阿里（Ali）所指出的那樣，他以發現關鍵圖表圖案而聞名，如果Dogecoin（Crypto：Doge）可以關閉以上$ 0.20電阻的每月蠟燭，那麼它可以看到其歷史上的高度為0.74美元。

The $0.20 resistance is an important level to watch. A monthly close above this threshold would be a strong indication of bullish momentum.

$ 0.20的電阻是觀看的重要水平。超過此門檻的每月接近將是看漲勢頭的強烈跡象。

It could lead to increased interest from investors and pave the way for a full retracement toward the previous all-time high, which was reached during the 2021 bull market.

這可能會導致投資者的興趣增加，並為在2021年牛市上達到的以前的歷史最高水平鋪平道路。

According to the chart shared by Ali, DOGE is still trading within a broad ascending channel on the monthly chart. A breakout from this structure could trigger more significant upside and bring more attention to the crypto.

根據Ali共享的圖表，Doge仍在每月圖表上的廣泛上升渠道中進行交易。這種結構的突破可能會引發更大的上升空間，並引起加密貨幣的更多關注。

Why It’s Important: Dogecoin is known for being one of the most volatile and sentiment-driven assets.

為什麼重要的是：Dogecoin以最動盪和情感驅動的資產而聞名。

However, these types of technical setups, especially on a monthly timeframe, are rare and tend to be followed by large-magnitude price moves.

但是，這些類型的技術設置，尤其是在每月的時間範圍內，很少見，並且往往會出現大量的價格移動。

A confirmed breakout could not only reignite retail interest in the crypto but also bring more attention from institutions to altcoins.

確認的突破不僅可以重新點燃加密貨幣的零售利益，而且還引起了機構對山寨幣的更多關注。

What’s Next For Dogecoin? As Dogecoin trades at the key $0.20 level, traders will be looking for a monthly close above this threshold to signal the next leg of the bull market.

Dogecoin的下一步是什麼？隨著Dogecoin以0.20美元的關鍵交易，交易者將尋找超過此門檻的每月接近，以表明下一個牛市的下一個領子。

If this move plays out, it could bring Dogecoin back into the market in a big way.

如果這一舉動發揮了作用，它可能會使Dogecoin很大程度上重返市場。

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