The popular dog-themed meme cryptocurrency, Dogecoin, has seen a substantial correction from a $0.434 high to a $0.164 current trading price in the last two months, registering a loss of 62.5%. Despite a heavy drop in its market value, the Dogecoin network records increasing adoption and wallet activity.

流行的以狗為主題的Meme加密貨幣Dogecoin在過去兩個月中的高度從0.434美元高到目前的0.164美元，虧損62.5％。儘管其市場價值大幅下降，但Dogecoin網絡記錄的採用和錢包活動增加了。

As the price of Bitcoin continues to hover around the $85,000 mark, struggling with overhead supply, the broader cryptocurrency market has also experienced a downturn. On Tuesday, March 18th, Dogecoin price plunged over 5% to reach $0.163 trading value.

隨著比特幣的價格繼續徘徊在$ 85,000的大關左右，在高架供應方面掙扎，更廣泛的加密貨幣市場也經歷了下滑。 3月18日，星期二，Dogecoin的價格下跌了5％以上，達到0.163美元的交易價值。

While the ongoing correction might deter retail investors, on-chain data reveals renewed interest from whales in this meme cryptocurrency, signaling a higher potential for rebound.

儘管正在進行的更正可能會阻止散戶投資者，但鏈上數據揭示了這種模因加密貨幣中鯨魚的新興趣，這表明反彈的潛力更高。

According to data from Santiment, the number of wallets holding at least 1 million DOGE coins has risen by an impressive 1.24%, or 62 new wallets, since February. This signals a growing interest from large investors in accumulating this meme coin at lower prices.

根據Santiment的數據，自2月以來，至少有100萬個門檻硬幣的錢包數量增加了1.24％，即62個新錢包。這表明，大型投資者對以較低的價格積累這一模因硬幣的興趣日益增加。

Additionally, the active addresses for Dogecoin have surged to over 150,000 per day, the highest level seen since mid-November. The rising number of active addresses and large wallet holdings aligns with the price action seeking suitable bottom support. Combining these factors signals a potential turning point for DOGE and renewed recovery ahead.

此外，Dogecoin的主動地址每天飆升至150,000多個，這是自11月中旬以來的最高水平。活動地址的數量增加和大錢包持有量與尋求適當底部支撐的價格動作保持一致。將這些因素結合起來，這標誌著Doge的潛在轉折點和更新的恢復。

Dogecoin Price Could Soar 52%

Dogecoin價格可能飆升52％

Since March 10th, 2025, the Dogecoin price showcased a low volatility trading between the $0.18 and $0.146 levels. A series of multiple neutral candles within this narrow range accentuates no aggressive behavior of buyers or sellers toward this asset.

自2025年3月10日以來，Dogecoin的價格顯示出低波動性交易在0.18美元至0.146美元之間。在這個狹窄範圍內的一系列多個中性蠟燭並不能突出買賣雙方對此資產的侵略性行為。

Despite the market uncertainty, the coin price is positioned at the bottom support of a long-coming wedge pattern. The historical data shows each reversal from the lower trendline has acted as a major accumulation point, which bolstered a recovery range from 42% to 65%.

儘管市場不確定性，但硬幣價格仍位於長期楔形模式的最底層。歷史數據表明，從較低趨勢線逆轉的每個逆轉已成為主要的積累點，恢復量的增長范圍為42％至65％。

If the DOGE price breaks the overhead resistance of $0.18, the buyers could initiate a similar recovery and drive a 52% surge to challenge the wedge resistance at $0.27.

如果總督的價格破壞了0.18美元的間接費用，則買家可以發起類似的回收率，並推動52％的速度激增，以0.27美元的價格向楔形電阻挑戰。