经过90天的下降趋势，Dogecoin [Doge]似乎正在打破其下降趋势线

在下降了90天以上后，最大的成年人Dogecoin [Doge]似乎正在违反其延长的降落趋势。

After remaining in a downtrend for over 90 days, Dogecoin [DOGE] appears to be breaching its prolonged descending trendline. This trendline has a strong history of triggering selling pressure, but this time, sentiment seems to be shifting as whale activity and trader confidence skyrocket.

在下降趋势超过90天后，Dogecoin [Doge]似乎正在违反其延长的下降趋势线。这种趋势线具有触发销售压力的悠久历史，但是这次，随着鲸鱼活动和交易者的信心飞涨，情绪似乎正在转移。

Over the past few days, whales have shown interest in the memecoin, leading to massive accumulation, as reported by a crypto expert. Recently, the expert posted on X (formerly Twitter) that whales have bought over 800 million DOGE coins. This post sparked attention from crypto enthusiasts and raised the question of whether it’s the right time to buy DOGE.

正如加密专家报道的那样，在过去的几天中，鲸鱼对纪念物表现出了兴趣，导致大量积累。最近，专家在X（以前是Twitter）上发布了鲸鱼购买了超过8亿多迪·金币。这篇文章引起了加密爱好者的关注，并提出了一个问题，即是否是购买Doge的合适时机。

At press time, DOGE traded at $0.157, increasing by 2.25% in the last 24 hours. During the same period, participation from traders and investors surged, leading to a 5% jump in recorded trading volume.

发稿时，Doge的交易价格为0.157美元，在过去24小时内增长了2.25％。在同一时期，交易者和投资者的参与激增，导致记录的交易量增加了5％。

AMBCrypto’s technical analysis confirmed that DOGE reached its trendline resistance for the fifth time and appeared to be breaking out.

Ambcrypto的技术分析证实，Doge第五次达到了趋势线的阻力，并且似乎正在爆发。

Historically, this level has consistently acted as a sell-off zone, as the price of the memecoin has repeatedly fallen from this point. Considering the current market sentiment and historical patterns, this level now appears to be a make-or-break point for the memecoin.

从历史上看，这一水平一直充当抛售区域，因为从这一点开始，Memecoin的价格一再下降。考虑到当前的市场情绪和历史模式，现在这一水平似乎是Memecoin的零钱。

Source: TradingView

资料来源：TradingView

On the daily time frame, if the memecoin’s price continues to rise and breaches the prolonged descending trendline, it could reverse DOGE’s bearish trend, with the price potentially soaring by 7.5% to reach the next resistance level at the $0.17 mark.

在日常的时间范围内，如果Memecoin的价格继续上涨并违反了延长的下降趋势线，它可能会扭转Doge的看跌趋势，而价格可能会飙升7.5％，以达到下一个阻力水平，以0.17 $ 0.17的成绩达到。

On the other hand, if DOGE fails to break above the trendline, history may repeat itself, and the price could decline toward the key support area.

另一方面，如果Doge未能超越趋势线，历史可能会重复出现，并且价格可能会下降到关键支持区域。

As of the 17th of April, the memecoin was trading below the 200-day Exponential Moving Average (EMA) on the daily time frame, indicating that the asset is in a bearish trend with sellers currently dominating.

截至4月17日，在每日时间范围内，Memecoin的交易低于200天的指数移动平均值（EMA），这表明该资产处于看跌趋势，目前卖方占据了卖方。

On top of that, DOGE’s bullish outlook was further supported by on-chain metrics.

最重要的是，链链指标进一步支持了总督的看涨前景。

Data from on-chain analytics firm CoinGlass revealed that exchanges have witnessed an outflow of 49.89 million DOGE coins over the past four trading days.

链分析公司Coinglass的数据表明，在过去的四个交易日中，交易所见证了4,989万名Doge硬币的流出。

Source: CoinGlass

资料来源：小店

This substantial outflow indicated potential accumulation and could trigger buying pressure and a further upside rally, which the market is currently witnessing.

这种大量的流出表明潜在的积累，可能会触发购买压力和进一步的上升集会，而市场目前正在目睹。

Moreover, derivatives data showed growing conviction among bullish traders. Notably, DOGE’s Long/Short Ratio stood at 1.17, with 54% of top traders going long versus 45.99% short.

此外，衍生品数据表明，看涨的商人的信念越来越大。值得注意的是，Doge的长/短比率为1.17，其中54％的顶级交易者长期持续了45.99％。

Source: CoinGlass

资料来源：小店

When combining these on-chain metrics, it appears that bulls are currently dominating the asset and seem to be supporting DOGE in breaching its prolonged trendline.

在结合这些链链指标时，看来公牛目前正在主导资产，并且似乎支持Doge违反其长期趋势线。