Dogecoin price has been dancing to its old tune again. After sliding to a low of $0.1325 earlier this month, the meme favorite is already staging a strong comeback, crossing the $0.18 mark. If past patterns are any guide, this recovery could be the prelude to another powerful rally, setting the crypto community abuzz once more.
Dogecoin Price再次跳到旧音调。在本月早些时候滑到0.1325美元的低点之后,模因的最爱已经进行了强劲的复出,超过了0.18美元。如果过去的模式是任何指南,那么这种恢复可能是另一个强大的集会的前奏,再次设置了加密群社区的掩盖。
Such momentum comes as Dogecoin records a 17% rise over the past week, lifting its market capitalization to around $27 billion.
这种势头是因为Dogecoin在过去一周中记录了17%的增长,从而将其市值提升到约270亿美元。
Chart Shows Dogecoin Near Major Breakout Zone
图表显示Dogecoin在主要突破区附近
According to market analyst Trader Tardigrade, Dogecoin (DOGE) could soon see a massive bull run. The analyst noted that the meme coin has bottomed out its cycle, repeating moves during previous major waves.
根据市场分析师Trader Tardigrade的说法,Dogecoin(Doge)很快就会看到大规模的公牛。分析师指出,模因硬币已经触底了周期,在先前的主要波浪中重复移动。
Per Tardigrade’s shared chart, Dogecoin shows three key ‘Round Bottom’ formations, followed by price appreciations. In past instances, the token exploded substantially after breaking towards similar rounded bottoms in 2017 and 2021. The current pattern mirrors these historical setups, which at this point suggests a potential bullish breakout.
Per tardigrade的共享图表,Dogecoin展示了三个关键的“圆底”地层,然后是价格升值。在过去的情况下,代币在2017年和2021年朝类似的圆形底部闯入后大幅爆炸。当前的模式反映了这些历史设置,这在这一点上表明潜在的看涨突破。
Dogecoin Price Chart (Source: X Post)
Dogecoin价格图(来源:X POST)
The chart shows that Dogecoin’s price went from around $0.0004 to above $0.018 after the 2017 cycle bottom and from around $0.0024 to over $0.74 during the 2021 breakout.
该图表显示,Dogecoin的价格从2017年周期底部的0.0004美元左右上升到0.018美元,在2021年突破期间的价格从0.0024美元左右至0.74美元以上。
According to the analyst’s projection, the newly formed round bottom places Dogecoin’s key structural support in the $0.12 to $0.17 range. This positioning is consistent with historical price movements that have typically led to explosive price action.
根据分析师的预测,新成立的圆形底部底部Dogecoin的主要结构支持在0.12美元至0.17美元之间。这种定位与通常导致爆炸性价格行动的历史价格变动一致。
“This positioning is noteworthy as it has historically been a point of significant interest, often resulting in substantial price appreciation. A strong uptrend is coming with this recurring structure. Could see another major rally for Dogecoin this cycle, based on this recurring structure,” said Tardigrade.
Tardigrade说:“这种定位值得注意,因为它在历史上一直引起人们的重大兴趣,通常会导致价格巨大的升值。这种经常性结构的强烈上升趋势。基于这种经常性的结构,这一周期可能会看到另一个重大集会。” Tardigrade说。
Dogecoin Funding Rate Stays Positive as Bulls Dominate
随着公牛的占主导地位,多霉素的资金率保持正
Market participants have shown growing confidence as Dogecoin (DOGE) OI-weighted funding rates have remained positive. With Dogecoin trading around $0.18 at press time, the token’s OI-weighted funding rate reads 0.0042%.
市场参与者表现出越来越多的信心,因为Dogecoin(Doge)OI加权融资率一直保持积极。随着发稿时Dogecoin的交易约为0.18美元,Token的OI加权筹资税率的价格为0.0042%。
This places the token in the green zone, indicating that long position holders are willing to pay a premium to short sellers to keep their positions open. Since mid-March, Dogecoin’s funding rate has consistently stayed above the neutral line, suggesting that bullish sentiment dominates the derivatives market.
这将令牌放置在绿色区域,这表明较长的位置持有人愿意向卖空者支付溢价,以保持其头寸开放。自3月中旬以来,Dogecoin的资金率一直保持在中立线上,这表明看涨的情绪主导了衍生品市场。
DOGE OI-Weighted Funding Rate (Source: CoinGlass)
Doge oi加权筹资率(来源:小店)
The frequent positive funding suggests that traders expect prices to trend higher and are willing to incur additional costs to maintain their long exposure.
频繁的积极资金表明,交易者期望价格会更高趋势,并愿意承担额外的成本以维持其长期曝光率。
However, it’s worth noting that in the past two months of historical observation, Dogecoin briefly dipped into negative territory. Overall, though, its funding has been supported by bullish positioning, a testament to the sustained market confidence in the asset’s potential for upward movement in the green zone.
但是,值得注意的是,在过去两个月的历史观察中,狗狗币短暂地浸入了负面的领域。不过,总的来说,它的资金得到了看涨定位的支持,这证明了对资产在绿色区域上向上运动潜力的持续信心。
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