On Tuesday, March 18th, Dogecoin price plunged over 5% to reach $0.163 trading value

The popular dog-themed meme cryptocurrency, Dogecoin, has seen a substantial correction from a $0.434 high to a $0.164 current trading price in the last two months, registering a loss of 62.5%. Despite a heavy drop in its market value, the Dogecoin network records increasing adoption and wallet activity.

流行的以狗为主题的Meme加密货币Dogecoin在过去两个月中的高度从0.434美元高到目前的0.164美元，亏损62.5％。尽管其市场价值大幅下降，但Dogecoin网络记录的采用和钱包活动增加了。

As the price of Bitcoin continues to hover around the $85,000 mark, struggling with overhead supply, the broader cryptocurrency market has also experienced a downturn. On Tuesday, March 18th, Dogecoin price plunged over 5% to reach $0.163 trading value.

随着比特币的价格继续徘徊在$ 85,000的大关左右，在高架供应方面挣扎，更广泛的加密货币市场也经历了下滑。 3月18日，星期二，Dogecoin的价格下跌了5％以上，达到0.163美元的交易价值。

While the ongoing correction might deter retail investors, on-chain data reveals renewed interest from whales in this meme cryptocurrency, signaling a higher potential for rebound.

尽管正在进行的更正可能会阻止散户投资者，但链上数据揭示了这种模因加密货币中鲸鱼的新兴趣，这表明反弹的潜力更高。

According to data from Santiment, the number of wallets holding at least 1 million DOGE coins has risen by an impressive 1.24%, or 62 new wallets, since February. This signals a growing interest from large investors in accumulating this meme coin at lower prices.

根据Santiment的数据，自2月以来，至少有100万个门槛硬币的钱包数量增加了1.24％，即62个新钱包。这表明，大型投资者对以较低的价格积累这一模因硬币的兴趣日益增加。

Additionally, the active addresses for Dogecoin have surged to over 150,000 per day, the highest level seen since mid-November. The rising number of active addresses and large wallet holdings aligns with the price action seeking suitable bottom support. Combining these factors signals a potential turning point for DOGE and renewed recovery ahead.

此外，Dogecoin的主动地址每天飙升至150,000多个，这是自11月中旬以来的最高水平。活动地址的数量增加和大钱包持有量与寻求适当底部支撑的价格动作保持一致。将这些因素结合起来，这标志着Doge的潜在转折点和更新的恢复。

Dogecoin Price Could Soar 52%

Dogecoin价格可能飙升52％

Since March 10th, 2025, the Dogecoin price showcased a low volatility trading between the $0.18 and $0.146 levels. A series of multiple neutral candles within this narrow range accentuates no aggressive behavior of buyers or sellers toward this asset.

自2025年3月10日以来，Dogecoin的价格显示出低波动性交易在0.18美元至0.146美元之间。在这个狭窄范围内的一系列多个中性蜡烛并不能突出买卖双方对此资产的侵略性行为。

Despite the market uncertainty, the coin price is positioned at the bottom support of a long-coming wedge pattern. The historical data shows each reversal from the lower trendline has acted as a major accumulation point, which bolstered a recovery range from 42% to 65%.

尽管市场不确定性，但硬币价格仍位于长期楔形模式的最底层。历史数据表明，从较低趋势线逆转的每个逆转已成为主要的积累点，恢复量的增长范围为42％至65％。

If the DOGE price breaks the overhead resistance of $0.18, the buyers could initiate a similar recovery and drive a 52% surge to challenge the wedge resistance at $0.27.

如果总督的价格破坏了0.18美元的间接费用，则买家可以发起类似的回收率，并推动52％的速度激增，以0.27美元的价格向楔形电阻挑战。