Dogecoin (CRYPTO: DOGE) has spent the better part of three years digesting its 2021 blow-off-top, but the popular meme-coin may be about to leave the consolidation range behind, according to a fresh weekly chart shared on X by the pseudonymous analyst Maelius (@MaeliusCrypto).

Dogecoin（Crypto：Doge）花了三年的大部分时间消化了其2021年的吹捧顶部，但流行的Meme-Coin可能会将合并范围抛在后面，这是根据Pseudonymount的X在X上分享的全新图表（@MaeliusCrypto）。

Dogecoin ‘Looks Incredible’

Dogecoin“看起来不可思议”

The DOGE/USDT pair on Binance is currently (09:08 ET, Friday) printing a weekly candle at $0.1828 (open $0.1705, high $0.1833, low $0.1643), putting it up 7.2% over the seven-day period.

目前，Doge/USDT对Binance（美国东部时间09:08，星期五）以0.1828美元的价格打印一支每周的蜡烛（开放$ 0.1705，高$ 0.1833，低$ 0.1643），在7天期间将其上涨了7.2％。

Two long-term moving averages frame the current structure: the 50-week exponential moving average (EMA-50) at $0.203 in blue and the rising 200-week EMA (EMA-200) at $0.138 in red.

两个长期移动平均值框架当前结构：50周的指数移动平均线（EMA-50）为0.203美元的蓝色，而上升的200周EMA（EMA-200）（EMA-200）为0.138美元，红色为0.138美元。

Price sliced below the EMA-50 earlier this year, but—crucially in Maelius’ view—never lost the EMA-200, which now sits inside a broad, slate-coloured demand zone running roughly from $0.11 to $0.20.

价格将今年早些时候切成低于EMA-50的价格，但在Maelius的观点中至关重要，它永远不会损失EMA-200，该公司现在位于一个宽阔的，板岩色的需求区域内，大约从0.11美元到0.20美元。

A second layer of support comes from an ascending red trend-line that links the October 2023, August 2024 and April 2025 swing-lows. The most recent pullback—labelled “2” on the chart—bounced almost precisely where that diagonal meets the EMA-200 and the lower edge of demand—an area of triple confluence that technicians often see as a textbook springboard for the next advance.

第二层的支持来自上升的红色趋势线，该趋势线链接了2023年10月，2024年8月和2025年4月的摇摆低点。最新的回调 - 图表上的标签为“ 2”）几乎确切地恰好是该对角线达到EMA-200和需求的下边缘 - 技术人员经常将其视为下一个进步的教科书跳板。

Maelius’ primary thesis is based on a nested 1-2, 1-2 Elliott Wave count. The first “1-2” sequence began with a thrust to ~0.2288 in March 2024, retraced to 0.0805 in August the same year, and then ignited a larger impulsive leg that topped near 0.4843 in December last year (labelled the second “1”). The corrective follow-through to 0.1298 in April completed the second “2”.

Maelius的主要论文基于嵌套的1-2，1-2 Elliott Wave计数。第一个“ 1-2”序列始于2024年3月的〜0.2288，同年8月回落至0.0805，然后点燃了一条更大的冲动腿，去年12月在12月的0.4843接近0.4843（标记了第二个“ 1”）。 4月的纠正措施至0.1298完成了第二个“ 2”。

In Elliott terminology, two consecutive 1-2 structures “wind the spring” for wave 3 of (3)—historically the longest and steepest portion of an impulse. Maelius places the coming third wave, its subsequent fourth-wave consolidation, and a final fifth wave in the blank area above current price.

在Elliott术语中，连续两种1-2个结构“风弹簧”（3）波第3波 - 历史上是冲动的最长和最陡峭的部分。 Maelius将即将到来的第三波浪潮，随后的第四波巩固以及在当前价格高于空白区域的最后第五波。

He predicts DOGE to reach roughly $1 as part of the third wave, followed by a correctional fourth wave below $0.70. The fifth wave is forecasted to reach its climax somewhere between $1.30 and $1.70.

他预测，作为第三波浪潮的一部分，Doge将达到约1美元，其次是低于$ 0.70的惩教第四波。预计第五波将达到1.30美元至1.70美元之间的高潮。

Also visible beneath the price action is the WaveTrend Oscillator (WTO), a momentum indicator closely related to the TSI that measures the distance between an asset’s price and its own smoothed values. The WTO prints two lines and a histogram; a bullish cycle begins when the faster line crosses above the slower one from oversold territory (-60/-53 in the standard settings).

在价格动作下方也可见的是Wavetrend振荡器（WTO），这是一种与TSI密切相关的动量指标，可测量资产价格与其自身平滑值之间的距离。 WTO打印两条线和一条直方图；当较快的线从超售区域（标准设置中的-60/-53）上方越过较慢的线上时，看涨的周期就开始了。

That cross just fired on the 1-week timeframe for the first time since the August 2024 low. The histogram has also shifted from deep red to neutral grey, which is similar to the transitions that preceded Dogecoin’s previous vertical advances.

自2024年8月低点以来，该十字架首次在1周的时间范围内开火。直方图也已从深红色转变为中性灰色，这类似于Dogecoin先前垂直进步之前的过渡。

Putting it Together

将其放在一起

Overall, the chart describes a market that is holding a multi-year demand block, trading above its 200-week EMA, testing—but yet to fully reclaim—its 50-week EMA, and exhibiting a fresh bullish momentum cross. From a pure-chart standpoint, those ingredients satisfy many of the conditions technicians look for when hunting the start of a primary trend leg.

总体而言，该图表描述了一个持有多年需求障碍的市场，其交易高于其200周的EMA，测试（但尚未完全回收）为50周的EMA，并展现出新的看涨势头十字架。从纯粹的角度来看，这些成分满足了技术人员在寻找主要趋势腿的开始时所寻求的许多条件。

“DOGE looks incredible here, despite the fact it went lower as I initially expected (was expecting EMA50 to hold), ” the analyst stated.

分析师说：“尽管事实上，在这里，Doge在这里看起来令人难以置信，尽管它正如我最初预期的那样（预计EMA50会持有）。”

“Respecting major demand area, EMA200 as well as diagonal support and it seems like 1,2,1,2 is completed and now we head for 3rd EW (within larger 3rd). 1W WTO recently crossed, which is also supportive of bottom being in.”

“尊重主要需求区域，EMA200和对角线支撑，似乎已经完成了1,2,1,2，现在我们前往第三个EW（在较大的第3次范围内）。最近越过1W WTO，这也支持底部。”

At the time of writing, DOGE is changing hands at $0.18445.

在撰写本文时，Doge以0.18445美元的价格易手。