Elon Musk's antics may steal the headlines, but there is another factor that could decide the fate of Dogecoin (CRYPTO:DOGE) in 2024: Fibonacci levels.

埃隆·马斯克（Elon Musk）的滑稽动作可能会窃取头条新闻，但还有另一个因素可以决定2024年的狗狗（Crypto：Doge）的命运：斐波那契水平。

At least, that is what cryptocurrency analyst Ali Martinez is saying in a recent post.

至少，这就是加密货币分析师阿里·马丁内斯（Ali Martinez）在最近的一篇文章中所说的。

According to the analyst, Dogecoin is now approaching the 78.6% Fibonacci retracement level of the 2021 rally. Reclaiming the $0.17 zone could be crucial for restoring some short-term optimism.

根据分析师的说法，Dogecoin现在正在接近2021 Rally的78.6％的斐波那契回缩水平。收回$ 0.17的区域对于恢复一些短期乐观至关重要。

"Dogecoin (DOGE) is testing the 78.6% Fibonacci retracement of the 2021 rally at $0.17. A break above the $0.17-$0.23 resistance zone could open up potential gains toward the $0.30 level," Martinez said.

Martinez说：“ Dogecoin（Doge）正在测试2021卢比的78.6％斐波那契回收率，价格为0.17美元。高于$ 0.17- $ 0.23的阻力区的突破可以为0.30美元的潜在收益打开潜在的收益。”

Dogecoin Price Chart Analysis: Can Bulls Step In?

Dogecoin价格图表分析：公牛可以介入吗？

After hitting lows of around $0.06 in late 2023, Dogecoin embarked on a recovery, eventually reaching highs of $0.19 in February 2024. However, this rally stalled, and prices slid back to the $0.10 area by April.

在2023年底达到了约0.06美元的低点之后，Dogecoin开始恢复，最终在2024年2月达到0.19美元的高点。但是，这次集会停滞不前，价格在4月份下降到了0.10美元。

Despite this setback, Dogecoin managed to bounce back, rising to new highs of around $0.17 in mid-May. However, this move was met with strong resistance, and prices slid back to the $0.11 area by early June.

尽管有这种挫折，Dogecoin还是设法反弹，在5月中旬上升到了0.17美元的新高点。但是，这一举动具有强烈的抵抗力，到6月初，价格恢复了0.11美元。

From there, Dogecoin experienced a period of consolidation, trading in a tight range between $0.10 and $0.12. This lack of volatility led to a decline in trading volume, which could be a concern for bulls.

从那里开始，Dogecoin经历了一段合并时期，交易范围在0.10美元至0.12美元之间。缺乏波动性导致交易量的下降，这可能是公牛的关注点。

As of June 21, Dogecoin was trading at $0.17, down slightly for the 24-hour period. The meme coin had seen a decrease of 6.2% over the past seven days. Dogecoin was trading at $0.06, the next major support level. A break below this level could lead to a deeper decline in prices.

截至6月21日，Dogecoin的交易价格为0.17美元，在24小时内略有下降。在过去的七天中，模因硬币下降了6.2％。 Dogecoin的交易价格为0.06美元，这是下一个主要的支持水平。低于此水平的休息可能会导致价格下降。

Next Major Support Level

下一个主要支持水平

Dogecoin had been trading within a long-term ascending channel since early 2023. This channel had helped to guide prices higher, despite the presence of strong headwinds.

自2023年初以来，Dogecoin一直在长期上升渠道上进行交易。尽管存在强烈的逆风，该渠道仍帮助指导价格更高。

The upper trendline of the channel had offered resistance to prices on several occasions. However, prices had managed to break above this level on two occasions, in February and May.

该频道的上层趋势线多次提供了对价格的抵抗。但是，价格在2月和5月两次都超过了这一水平。

The lower trendline of the channel had offered support to prices on several occasions. This trendline was now converging with the 100% Fibonacci retracement level of the 2021 rally.

该频道的较低趋势线在几次中为价格提供了支持。现在，该趋势线与2021 Rally的斐波那契反逆转录水平融合。

A break below the lower trendline of the channel could lead to a deeper decline in prices. The next major support level was at $0.06, the low point reached during the 2023 crypto winter.

低于该渠道较低趋势的突破可能导致价格更深降低。下一个主要的支持水平为0.06美元，低点在2023年的加密冬季达到。

Despite the recent struggles, there were still some signs of strength in the Dogecoin chart. For example, prices had managed to close above the 50-day moving average on several occasions. This could be a sign that bulls were still in control.

尽管最近有挣扎，但在Dogecoin图表中仍然存在一些力量迹象。例如，价格已成功地超过了50天的移动平均水平。这可能表明公牛仍在控制中。

Overall, Dogecoin was at a critical juncture. If bulls could manage to reclaim the $0.17 level and flip it into support, then the meme coin could continue its move higher toward the $0.23-0.30 range. However, if bears managed to break below the $0.10 level, then a deeper pullback could not be ruled out.

总体而言，Dogecoin处于关键时刻。如果公牛能够设法收回0.17美元的水平并将其倒入支持，那么Meme Coin可能会继续前进到$ 0.23-0.30范围内。但是，如果Bears设法突破了0.10美元的水平，则无法排除更深层次的回调。