The price of Dogecoin (DOGE) has surged by over 4% earlier today, reaching a high of $0.232. The 24h trading volume of DOGE is also up 12% to more than $2 billion.

Dogecoin（Doge）的价格今天早些时候上涨了4％以上，高达0.232美元。 Doge的24小时交易量也增长了12％，超过20亿美元。

Recently, Dogecoin has been trading in a strong range between $0.22 and $0.25, and is still trading 38% up on the monthly chart. However, it has found stiff resistance at $0.25, where early investors have been doing heavy distribution.

最近，Dogecoin的交易范围在0.22美元至0.25美元之间，并且在每月图表上仍在交易38％。但是，它发现僵硬的抵抗力为0.25美元，早期投资者一直在进行大量分配。

Crypto analyst Ali Martinez has highlighted a potential breakout scenario for Dogecoin (DOGE) as the meme-inspired cryptocurrency gains momentum. “Momentum is building!” Martinez noted.

加密分析师阿里·马丁内斯（Ali Martinez）强调了Dogecoin（Doge）的潜在突破场景，这是模因启发的加密货币增长的动力。 “势头正在建立！”马丁内斯指出。

According to Martinez, if Dogecoin manages to surpass the critical resistance level at $0.239, it could pave the way for a rally toward $0.265.

根据马丁内斯（Martinez）的说法，如果Dogecoin设法超过了0.239美元的关键阻力水平，则可以为$ 0.265的集会铺平道路。

If it can breakout of this resistance, then we can expect a move towards 0.265 with the next resistance at 0.25.

如果它可以突破这种电阻，那么我们可以期望朝着0.265迈进，下一个电阻为0.25。

Momentum is building! #Dogecoin https://t.co/i66Q7Yq466

动力正在建立！ #DogeCoin https://t.co/I66Q7YQ466

— Ali (@ali_charts) June 15, 2024

- Ali（@ali_charts）2024年6月15日

Another crypto analyst Javon Marks has drawn attention to Dogecoin’s (DOGE) historical bull cycle patterns, suggesting the current setup mirrors previous rallies.

另一位加密分析师Javon Marks引起了人们对Dogecoin（Doge）的历史牛周期模式的关注，这表明当前的设置反映了以前的集会。

According to the analyst, based on past trends, DOGE could experience a significant surge of over 215%, potentially reaching a minimum price of $0.73905.

根据分析师的说法，根据过去的趋势，Doge可能会经历超过215％以上的大幅增长，最低价格可能达到0.73905美元。

“By Dogecoin’s previous bull cycles and its similar setup this cycle, another nearly +215% increase can be on the way,” Marks stated.

马克斯说：“通过Dogecoin以前的Bull Cycles及其类似的设置，这一周期可能会增加近 +215％的增长。”

By Dogecoin's previous bull cycles and its similar setup this cycle, another nearly +215% increase to $0.73905, AT THE MINIMUM, can be on the way ⚡️.$DOGE pic.twitter.com/0CQt5EPADZ

通过Dogecoin以前的牛周期及其在本周期的类似设置，又增加了近215％至$ 0.73905，至少可以在the the the。$ doge pic.twitter.com/0cqt5epadz

— JAVON⚡️MARKS (@JavonTM1) May 21, 2025

- javon⚡️marks（@javontm1）2025年5月21日

Some market analysts have also been giving much higher price targets of $1 and beyond for Dogecoin price. A technical analysis chart shared by cryptocurrency analyst "Trader Tardigrade" suggests DOGE may be forming its third major cup and handle.

一些市场分析师还为Dogecoin价格提供了更高的价格目标。加密货币分析师“ Trader Tardigrade”共享的技术分析图表明，Doge可能会形成其第三个主要杯子和手柄。

According to the analysis, Dogecoin appears to be nearing the completion of its third such pattern. Also, the logarithmic scale suggests that potential targets could reach as high as $6.00, significantly above Dogecoin’s current trading range.

根据分析，Dogecoin似乎正在接近其第三种模式的完成。此外，对数量表表明，潜在目标可能高达6.00美元，高于Dogecoin当前的交易范围。

#Dogecoin's 6-month chart provides a clear macro picture of its past gains and forecasts its future moves 🔥$Doge pic.twitter.com/Ad92UyHdBj

＃Dogecoin的6个月表提供了清晰的宏观图片，并预测其未来的举动🔥$ DOGE PIC.TWITTER.COM/AD92UYHDBJ

— Trader Tardigrade (@TATrader_Alan) May 20, 2025

- Trader Tardigrade（@Tatrader_Alan）2025年5月20日

Earlier this year, Grayscale Investments took a significant step in expanding its crypto offerings by filing for a spot Dogecoin (DOGE) ETF, adding to its existing portfolio of digital asset trusts. The filing came after the launch of Grayscale’s DOGE Trust in January.

今年早些时候，Grayscale Investments通过申请Dogecoin（Doge）ETF来扩大其加密产品，从而增加了其现有的数字资产信托组合。该文件是在1月份灰度的Doge Trust启动之后提出的。

The US Securities and Exchange Commission (SEC) acknowledged the DOGE ETF application on March 15, officially kicking off the review process.

美国证券交易委员会（SEC）于3月15日确认了Doge ETF申请，正式开始了审查过程。

The SEC is now expected to announce its decision on the Dogecoin ETF by June 17. However, the agency has been known to delay its rulings, and it recently postponed its verdict on the first batch of Solana ETF applications.

现在，SEC预计将在6月17日之前宣布其对Dogecoin ETF的决定。但是，该机构已被延迟其裁决，最近它推迟了对第一批SOLANA ETF应用程序的判决。

The SEC is yet to approve any fully-fledged spot Bitcoin ETF, despite several attempts by various firms. Earlier this year, the agency rejected Cathie Wood’s bid to convert an existing Bitcoin futures ETF into a spot ETF.

尽管多家公司尝试了几次尝试，但SEC尚未批准任何成熟的现货比特币ETF。今年早些时候，该机构拒绝了凯茜·伍德（Cathie Wood）将现有的比特币期货ETF转换为现场ETF的竞标。

Despite the SEC’s tough stance on cryptocurrencies, institutions and retail investors alike are becoming increasingly interested in investing in digital assets.

尽管SEC对加密货币的艰难立场，但机构和散户投资者都对投资数字资产的投资越来越感兴趣。