Dogecoin (CRYPTO: DOGE) price appeared unfazed by the disheartening developments in the US. As the Securities and Exchange Commission postponed its verdict on Grayscale’s pending spot Dogecoin exchange-traded fund, the meme coin still managed to heat up despite the disappointment of some members of the cryptocurrency community.

Dogecoin（加密：Doge）價格似乎並不為美國令人沮喪的發展而感到震驚。隨著證券交易委員會推遲對格雷斯卡（Grayscale）待定的現場Dogecoin交換基金的判決，儘管加密貨幣社區的某些成員感到失望，Meme Coin仍然設法升溫。

Also Read: SEC Postpones Decision On Grayscale's Dogecoin ETF

另請閱讀：SEC推遲對Grayscale的Dogecoin ETF的決定

What Happened: The OG meme coin shot up by over 7% from a $0.218 low to a $0.2335 high in the last 24 hours as of Wednesday noon (UTC). It settled at the $0.22 range, locking more than a 3% gain in the daily chart.

發生了什麼：截至週三中午（UTC），OG Mem Coin從0.218美元低至$ 0.2335的高度猛增了7％以上。它定居在0.22美元的範圍內，在每日圖表中鎖定了3％以上的增長。

Along the way, DOGE experienced an 11% boost in its trading volume as it moved $1.98 billion worth of its supply across wallet addresses.

在此過程中，Doge的交易量增長了11％，因為它在錢包地址上移動了價值19.8億美元的供應。

The market cap of its 149.35 billion circulating token supply pivoted from $32.56 billion to $34.87 billion in the ensuing volatility.

在隨後的波動性中，其1493.5億美元傳播的代幣供應的市值從325.6億美元到348.7億美元。

Dogecoin remains around 69% down from its all-time high of $0.7376 four years ago. However, the technical reading of Bitcoinsensus hints at a possible doubling of DOGE’s price within a week.

Dogecoin在四年前的歷史最高水平下降了約69％。但是，比特幣的技術閱讀暗示了一周之內的總督價格可能會增加一倍。

Dogecoin To $0.42-$0.43 In A Week

Dogecoin每週$ 0.42- $ 0.43

According to the pseudonymous crypto analyst, Dogecoin price has been going down in the past few months. But then again, it’s in a healthy manner. The trend suggests it’s building momentum for its next significant breakout.

根據化名加密分析師的說法，在過去的幾個月中，Dogecoin的價格一直在下跌。但是話又說回來，這是一種健康的方式。趨勢表明，它正在為下一個重大突破而建立動力。

The analyst anchored the prediction at the completion of an inverse head and shoulder pattern in Dogecoin’s descending channel since December last year. The left shoulder occurred in March below $0.15, followed by the head in the succeeding month under $0.13. Completing the formation was the right shoulder this month at around $0.16.

自去年12月以來，分析師在Dogecoin的下降頻道中完成了反向頭和肩部模式的預測。左肩發生在3月低於0.15美元以下，隨後在接下來的一個月低於$ 0.13。完成編隊的是本月的右肩，約為0.16美元。

Just like that, a recent breakout above the neckline between $0.18 and $0.20 has positioned Dogecoin on a bullish trajectory, with its next big break anticipated in the next seven days. It could establish its supply zone within $0.42 to $0.43 if successful.

就這樣，最近在$ 0.18到0.20美元之間的領口的突破已經使Dogecoin在看漲的軌跡上定位，其下一個大突破預計將在接下來的7天內。如果成功，它可以在0.42美元至0.43美元內建立供應區。

The SEC’s shift toward a more crypto-friendly stance caused heavy expectations on its possible approval of all pending altcoin ETFs this year. With the first few applications reaching their first deadline this week, crypto community members were left disappointed when the regulator decided to delay its verdict.

SEC向更加加密友好的立場轉向，這對今年所有待定的Altcoin ETF的認可都引起了人們的期望。隨著本週的前幾個申請達到了他們的第一個截止日期，當監管機構決定延遲其裁決時，加密社區成員感到失望。

But analysts, including key personalities in finance and crypto, such as ETF Store President Nate Geraci and Bloomberg Intelligence analyst James Seyffart, assured investors that the delay was a part of the usual process. It was only a matter of ensuring they would be rolled out in the market without a hitch.

但是分析師，包括金融和加密貨幣的關鍵人物，例如ETF商店主席Nate Geraci和Bloomberg Intelligence分析師James Seyffart向投資者保證，延遲是通常過程的一部分。這只是確保它們將在沒有障礙的情況下推出市場。

Hence, the government watchdog will likely bide its time until the final deadline to give its verdict, similar to its earlier treatment of the earlier Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) ETFs.

因此，政府監管機構很可能會待會時間，直到最後截止日期作出裁決，類似於對較早的比特幣（Crypto：BTC）和以太坊（Crypto：eth）ETF的待遇。