Dogecoin price is heating up and could be setting up for a major rally, according to a prominent crypto analyst.

一位著名的加密分析师称，Dogecoin的价格正在加热，可能正在为重大集会设置。

If it can close a monthly candle above one key level, then it could open the door for a surge toward its previous all-time high.

如果它可以每月关闭一个高于一个关键水平的蜡烛，那么它可以为其以前的历史高潮打开大门。

What Happened: As noted by Ali, who is known for spotting key chart patterns, if Dogecoin (CRYPTO: DOGE) can close the monthly candle above the $0.20 resistance, then it could see a move toward its all-time high of $0.74.

发生的事情是：正如阿里（Ali）所指出的那样，他以发现关键图表图案而闻名，如果Dogecoin（Crypto：Doge）可以关闭以上$ 0.20电阻的每月蜡烛，那么它可以看到其历史上的高度为0.74美元。

The $0.20 resistance is an important level to watch. A monthly close above this threshold would be a strong indication of bullish momentum.

$ 0.20的电阻是观看的重要水平。超过此门槛的每月接近将是看涨势头的强烈迹象。

It could lead to increased interest from investors and pave the way for a full retracement toward the previous all-time high, which was reached during the 2021 bull market.

这可能会导致投资者的兴趣增加，并为在2021年牛市上达到的以前的历史最高水平铺平道路。

According to the chart shared by Ali, DOGE is still trading within a broad ascending channel on the monthly chart. A breakout from this structure could trigger more significant upside and bring more attention to the crypto.

根据Ali共享的图表，Doge仍在每月图表上的广泛上升渠道中进行交易。这种结构的突破可能会引发更大的上升空间，并引起加密货币的更多关注。

Why It’s Important: Dogecoin is known for being one of the most volatile and sentiment-driven assets.

为什么重要的是：Dogecoin以最动荡和情感驱动的资产而闻名。

However, these types of technical setups, especially on a monthly timeframe, are rare and tend to be followed by large-magnitude price moves.

但是，这些类型的技术设置，尤其是在每月的时间范围内，很少见，并且往往会出现大量的价格移动。

A confirmed breakout could not only reignite retail interest in the crypto but also bring more attention from institutions to altcoins.

确认的突破不仅可以重新点燃加密货币的零售利益，而且还引起了机构对山寨币的更多关注。

What’s Next For Dogecoin? As Dogecoin trades at the key $0.20 level, traders will be looking for a monthly close above this threshold to signal the next leg of the bull market.

Dogecoin的下一步是什么？随着Dogecoin以0.20美元的关键交易，交易者将寻找超过此门槛的每月接近，以表明下一个牛市的下一个领子。

If this move plays out, it could bring Dogecoin back into the market in a big way.

如果这一举动发挥了作用，它可能会使Dogecoin很大程度上重返市场。

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