The price of Dogecoin has been moving sideways while Bitcoin shows signs of strength, and traders are now wondering if the popular meme coin is preparing for a major move. In a video, the YouTube channel More Crypto Online, with over 293,000 subscribers, shared an in-depth look at DOGE chart. Using Elliott Wave Theory, the analyst explained where Dogecoin might be heading next and why a path toward $0.60 is still possible if certain support levels hold up.

Dogecoin的价格一直在侧向移动，而比特币则表现出强度的迹象，而交易员现在想知道流行的Meme Coin是否正在为重大行动做准备。在视频中，YouTube频道在线更多的加密货币，拥有超过293,000个订户，分享了Doge Chart的深入查看。分析师使用Elliott Wave理论解释了Dogecoin可能会在哪里前进，以及为什么如果某些支持水平升高，仍然可以迈向0.60美元的道路。

According to the analysis, Dogecoin is still stuck in a correction. While Bitcoin price appears to be bouncing, most altcoins, including DOGE, are just grinding through their respective downtrends. The analyst mentioned that there’s no clear sign of a confirmed low just yet. However, there’s a chance that DOGE price completed a wave four correction on April 7, which could mean a new rally is starting to form.

根据分析，Dogecoin仍然被困在校正中。尽管比特币价格似乎正在弹跳，但包括门槛在内的大多数山寨币都在各自的下降趋势中磨损。分析师提到，尚无明确的迹象表明确认的低点。但是，Doge Price在4月7日完成了第四次校正，这可能意味着新的集会开始形成。

So far, though, any bounce has only followed a three-wave pattern. That’s typically not strong enough to confirm a full trend reversal. Right now, it’s being labeled as an “ABC” pattern, with a potential move higher still on the table if support levels continue to hold.

但是，到目前为止，任何反弹都只遵循三波图案。这通常不足以确认趋势逆转。目前，它被标记为“ ABC”模式，如果支持水平继续保持，则桌子上仍有更高的移动。

Can DOGE Price Push Toward $0.25 Again?

Doge Price可以再次推向0.25美元吗？

The video breaks down what’s happening now as a B-wave pullback. In simple terms, that means the price might be setting up for one more short-term push higher before a bigger move down or up. If DOGE can hold its current levels, the next target could be the $0.25 zone, a previous high that lines up with the structure of an ABC correction.

视频打破了现在的B波回调，现在正在发生的事情。简而言之，这意味着在更大的移动或向上移动之前，价格可能会越来越高。如果Doge可以保持其当前水平，那么下一个目标可能是$ 0.25的区域，这是以前的高点，与ABC校正的结构相对。

There’s also an alternative scenario that the analyst pointed out. In that version, the current A-wave might stretch a bit higher, forming what’s known as a five-wave diagonal pattern. But that’s a less likely path unless DOGE price shows stronger momentum soon.

分析师还指出，还有一种替代方案。在该版本中，当前的A波可能会更高延伸，形成所谓的五波对角模式。但这是一条可能不太可能的路径，除非Doge Price很快显示出更强的动力。

Key Support Levels

关键支持级别

To keep hopes of a bigger rally alive, Dogecoin needs to stay above some key support zones. The analyst pointed to $0.15 as the critical level to watch. Other notable areas include $0.169, $0.183, and $0.199, all tied to common Fibonacci retracement levels.

为了保持更大的集会的希望，Dogecoin需要保持在一些关键的支持区域之上。分析师指出，要观看的关键水平为0.15美元。其他值得注意的区域包括$ 0.169，0.183美元​​和0.199美元，均与普通的斐波那契回缩水平相关。

If the price drops below these levels, the current bullish outlook could fall apart. But if it bounces from one of them and forms a higher low, that could be a strong signal that DOGE price is ready for another leg up.

如果价格下跌以下，那么目前的看涨前景可能会崩溃。但是，如果它从其中一个弹起并形成更高的低点，那可能是一个强烈的信号，Doge Price可以为另一支腿做好准备。

The Bigger Picture

更大的图片

Zooming out, the analyst sees this entire move as part of a larger wave structure. If DOGE did finish a larger wave four in April, and if the current pullback holds above support, we could see the start of a C-wave rally. That’s the wave that could eventually push the price much higher, possibly toward that long-awaited $0.60 mark.

缩小后，分析师将这整个移动视为较大波浪结构的一部分。如果Doge在4月确实完成了更大的浪潮，并且如果当前的回调在支持之上，我们可以看到C-Wave Rally的开始。这是最终可能会提高价格的波浪，可能会降低期待已久的0.60美元。

It all depends on how DOGE price reacts in the coming days. A strong bounce, a higher low, and a break above the recent high could flip the chart bullish again. Until then, traders are watching closely to see if Dogecoin can make its next move.

这完全取决于Doge价格在未来几天的反应。强烈的弹跳，更高的低点和超过最近高的突破可能会再次看涨。在此之前，交易者一直在密切关注，以查看Dogecoin是否可以采取下一步行动。