Since the beginning of June, Dogecoin’s performance has been quite bearish as the largest dog-themed meme coin struggles to undergo a rally and recover the $0.20 price level.

自6月初以来，Dogecoin的表现一直很看跌，这是最大的以狗主题的模因硬币来进行集会并恢复0.20美元的价格水平。

DOGE may be witnessing negative movements, but this period could be the calm before the storm, with several predictions about a major rally to uncharted territory emerging.

道门可能正在见证负面运动，但是这个时期可能是暴风雨前的平静，有几个关于向未知领域出现的重大集会的预测。

A Wild Ride For Dogecoin To A New High Ahead

Dogecoin的疯狂骑行到新的高处

While Dogecoin is struggling to gain upward traction, this waning period could be the foundation to something big in the near future. Javon Marks, a crypto analyst and trader, has delved into the current price action, revealing that DOGE will experience a massive spike in this bull market cycle.

尽管Dogecoin正在努力获得向上的牵引力，但这个衰落的时期可能是在不久的将来成为大事物的基础。加密分析师兼交易员Javon Marks已深入研究当前的价格行动，表明Doge将在这个牛市市场周期中遇到巨大的激增。

The expert’s prediction is based on previous price trends that preceded a surge to a new all-time high and market top for the meme coin. After a period of prolonged consolidation within the 0 and 1 Fibonacci levels, DOGE appears to be exhibiting a similar trend, increasing its potential to undergo a major upward move this cycle to a new peak.

该专家的预测基于以前的价格趋势，该趋势是在新的历史最高和市场上最高的市场趋势之前的价格趋势。在0和1斐波那契水平内的长时间合并一段时间之后，Doge似乎在表现出类似的趋势，从而增加了其在此周期中大大向上移动到新峰的潜力。

Considering the reappearance of the bullish price trend, Javon Marks is confident that a similar result may unfold this cycle. This setup implies that Dogecoin has a high likelihood of witnessing a notable run, with the analyst putting his target at the $2.28 level.

考虑到看涨价格趋势的重新出现，Javon Marks有信心，类似的结果可能会展现出这一周期。这种设置意味着Dogecoin很有可能见证了一场著名的奔跑，分析师将其目标定为2.28美元。

It is important to note that the $2.28 target is positioned at the 1.618 Fibonacci level, which DOGE has often met in each bull cycle. During the first bull cycle, the meme coin reached this point and surpassed it. The same was witnessed in the second bull cycle.

重要的是要注意，$ 2.28的目标定位在1.618斐波那契水平上，在每个公牛周期中，多奇经常达到。在第一个公牛周期中，模因硬币达到了这一点并超过了它。在第二个公牛周期中也见证了这一点。

Given that Dogecoin has historically surpassed this level, it increases the chances of the trend repeating in this cycle. Thus, Javon Marks anticipates a continuation of the impending surge beyond the $2.28 milestone this bull cycle.

鉴于Dogecoin历史上已经超过了这一水平，因此增加了该周期中趋势重复的机会。因此，Javon Mark预测，即将到来的牛至2.28美元的里程碑，这将继续进行。

Key Indicators Supporting DOGE’s Bullish Journey

支持Doge看涨之旅的主要指标

With bullish on-chain signals, technical setups, and improving market dynamics, Dogecoin is likely to rebound soon and rally strongly. João Wedson, a verified author and on-chain analyst, has outlined key indicators that signal robust fundamentals for DOGE to push higher.

随着看涨的链上信号，技术设置和改善市场动态，Dogecoin很快就会反弹并强烈反弹。经过验证的作者和链分析师JoãoWedson概述了关键指标，表明Doge强大的基本原理可以推高更高。

The first aspect to consider is the 500-day Aggregated Liquidation Level. During DOGE’s last major drop, this metric shows a huge amount of liquidity, valued at over $380 million, was caught in the $0.50 zone. “Historically, when shorts pile up, DOGE tends to accumulate and surge months later,” he added.

要考虑的第一个方面是500天的聚合清算水平。在Doge的最后一次大跌幅期间，该指标显示了大量的流动性，价值超过3.8亿美元，在0.50美元的区域中被捕。他补充说：“从历史上看，当短裤堆积时，杜格倾向于积累并在几个月后涌现。”

Wedson drew attention to the DOGE/BTC pair, which is now approaching critical support that is comparable to the setup before the 2021 rally, when Dogecoin attracted more interest than BTC. In addition, the Meme Index, which consists of the 16 biggest meme coins, exhibits early indications of recovery following a severe downturn.

韦德森（Wedson）提请注意Doge/BTC对，现在正在接近关键支持，该支持与2021 Rally之前的设置相当，当时Dogecoin吸引了比BTC更多的兴趣。此外，由16个最大的模因硬币组成的模因指数表现出严重衰退后恢复的早期迹象。

Lastly, Wedson has highlighted the notable growth of the overall meme coin market cap this cycle over the 2021 cycle. Despite this rise in market cap, meme coins’ Open Interest and daily volume are valued at $3.2 billion and $12 billion, respectively, which remains low compared to Bitcoin and Ethereum.

最后，韦德森（Wedson）强调了在2021年周期中整个模因硬币市值的显着增长。尽管市值增加了，但与比特币和以太坊相比，模因硬币的开放兴趣和每日数量分别为32亿美元和120亿美元。