Thanks to various bullish on-chain metrics, Dogecoin (DOGE) is not relenting in its quest for a competitive advantage. According to crypto charism Trader Tardigrade, Dogecoin’s bull flag is still playing out, which might have enabled the apex meme coin to surge to the psychological price of $0.30. A bull flag formation is deemed bullish since it depicts an uptrend continuation after a brief period of consolidation. This chart pattern, which features a flagpole, flag, and breakout, is often used to identify entry points during ongoing uptrends. Trader Tardigrade had previously noted that DOGE was in line to soar to $1 by stating, “A breakout from a channel has been noted, aligning with recent price actions just before a spike.” According to CoinGecko data, Dogecoin was up by 43.1% in the past month to hit $0.226 at the time of writing.

多亏了各种看涨的链链指标，Dogecoin（Doge）并没有为寻求竞争优势而放松。根据加密魅力交易者Tardigrade的说法，Dogecoin的牛市仍在播放，这可能使Apex Meme硬币升至心理价格0.30美元。公牛旗的形成被认为是看好的，因为它描绘了短暂的合并后的上升延续。此图表模式具有旗杆，标志和突破，通常用于识别正在进行的上升趋势期间的入口点。 Trader Tardigrade此前曾指出，Doge指出：“已经注意到了频道的突破，与最近的价格行动保持一致。”根据Coingecko数据，在过去的一个月中，Dogecoin上涨了43.1％，在写作时达到0.226美元。

Dogecoin Experiences Soaring Investor Interest According to Glassnode data, the number of active Dogecoin addresses recently witnessed a major uptick of nearly 1,000% after experiencing a weekly surge of 990% from 61,892 to 674,527. Therefore, this trend shows that Dogecoin is enjoying increased demand, network usage growth, and higher user participation, which is deemed bullish.

根据玻璃节数据，Dogecoin经历了投资者的兴趣飙升，现役的Dogecoin地址的数量最近目睹了近1,000％的重大增长，因为每周的每周涨幅从61,892到674,527。因此，这种趋势表明，Dogecoin的需求增加，网络使用增长和更高的用户参与，这被视为看涨。

According to Trader Tardigrade, this rally might have been fueled by Dogecoin’s bull flag formation, which saw the meme coin price increase from $0.20 to $0.30 after a breakout from the flag at the beginning of August. The crypto trader stated that the apex meme coin’s price movements are still in line with the bull flag pattern, which might have seen it rise to $0.30.

根据Trader Tardigrade的说法，这次集会可能是Dogecoin的Bull Flag Moration助长的，这使Meme Coin的价格从8月初的旗帜突破后，梅米硬币的价格从0.20美元上涨到0.30美元。加密货币交易员表示，顶点模因硬币的价格变动仍然与牛市的旗帜模式一致，这可能会看到它上升至0.30美元。

"The bull flag on #dogecoin completed, exactly as expected. Breakout, measured move, fib levels all align perfectly. Now we're in a wedge, which could also be a flag if you squint hard enough. Either way, good things are afoot for the meme coin." Trader Tardigrade said.

“ #DogeCoin上的公牛国旗完全按照预期完成。突破，测量的移动，FIB水平都完美地保持。现在我们处于楔子中，如果您足够坚硬，这也可能是一个旗帜。无论哪种方式，无论哪种方式，好东西都可以使用Meme Coin。”交易者Tardigrade说。

However, Trader Tardigrade's analysis might differ from other market participants' observations. According to Benzinga, the meme coin's price reached a high of $0.317 on Aug. 2.

但是，交易者Tardigrade的分析可能与其他市场参与者的观察结果有所不同。根据本辛加的说法，模因硬币的价格在8月2日达到0.317美元。

The trader's analysis further highlighted a potential falling wedge pattern, which could be a continuation of the previous bull flag pattern. This pattern, if it plays out, might lead to a 300% increase from the wedge's lower boundary at $0.10 to an upper boundary of $0.40.

交易者的分析进一步强调了潜在的下降楔形模式，这可能是以前的牛旗模式的延续。这种模式（如果播放）可能会导致楔形下边界的300％增加到0.10美元到上限为0.40美元。