Dogecoin（Doge）已完成WXYXZ形状的长矫正结构

Dogecoin（Doge）在较高的时间范围内完成了WXYXZ形状的长校正结构

Dogecoin (DOGE) has completed a W-X-Y-X-Z-shaped long corrective structure on the higher time frames, and now seems to be entering the initial phase of a new upward impulsive wave.

Dogecoin（Doge）在更高的时间范围内完成了WXYXZ形状的长矫正结构，现在似乎正在进入新的向上冲动波的初始阶段。

This is a common occurrence in technical analysis, where complex shapes in price action are used to identify potential trend reversals or continuations.

在技​​术分析中，这是一个普遍发生的情况，在该技术分析中，价格动作的复杂形状用于识别潜在的趋势逆转或连续性。

After a sharp rally, the price is consolidating, with a retracement to important support levels based on Fibonacci and price structure.

急剧集会后，价格将巩固，基于斐波那契和价格结构的重要支持水平的回答。

This consolidation phase is providing an opportunity for buyers to rejoin the market and sellers to exert some pressure, setting the stage for a potential breakout.

这个合并阶段为买家提供了重新加入市场的机会，卖方施加压力，为潜在的突破奠定了基础。

The Elliott Wave count also indicates that wave (iv) has completed, and wave (v) is likely to begin soon. If this is confirmed, it will create a bullish setup opportunity.

Elliott波数还表明波（IV）已经完成，并且波（V）很快就会开始。如果确认这将创造看涨的设置机会。

So, how is the current Dogecoin price movement?

那么，当前的Dogecoin价格运动如何？

Dogecoin Price Rises 2.00% within 24 Hours

Dogecoin价格在24小时内上涨2.00％

On Saturday, 20/05/2025, Dogecoin saw a 2.00% rise over the past 24 hours, with its price climbing to $0.2267, or approximately IDR 3,714. During the day, DOGE traded as low as IDR 3,351 and reached a peak of IDR 3,788.

在过去的24小时内，Dogecoin周六20/05/2025增长了2.00％，其价格上涨至0.2267美元，或IDR 3,714。白天，Doge的交易低至IDR 3,351，并达到IDR 3,788的高峰。

At the time of writing, Dogecoin’s market cap stands at around $33.89 billion, with trading volume dropping 23% to $2.01 billion within 24 hours.

在撰写本文时，Dogecoin的市值约为338.9亿美元，交易量在24小时内下降了23％，至20.1亿美元。

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获取有关最新的区块链，加密货币和Web3趋势的电子邮件更新，CCN是一种可信赖的技术分析和财务新闻的来源，已交付给您的收件箱。

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不要错过最新的加密货币新闻，技术分析和独家访谈。订阅Benzinga的YouTube频道，以获得全面而引人入胜的加密体验。

DOGE Price Analysis

DOGE价格分析

As reported by CCN, on DOGE’s 4-hour chart, it shows that the W-X-Y-X-Z-shaped long-term corrective decline has been completed, reaching a low of $0.131 on April 7.

根据CCN的报道，在Doge的4小时图表上，它表明WXYXZ形状的长期矫正下降已经完成，在4月7日达到了0.131美元的低点。

This low point became the start of a sharp upward movement, breaking the descending wedge pattern and invalidating the previous bearish market structure.

这个低点成为急剧向上运动的开始，打破了下降的楔形模式，并使以前的看跌市场结构无效。

After that, there was a significant impulsive spike, with DOGE prices reaching almost $0.26 – close to the 0.382 Fibonacci level – before starting to consolidate.

之后，在开始合并之前，有一个明显的冲动尖峰，杜格价格达到近0.26美元，接近0.382的斐波那契水平。

The retracement is currently around the 0.236 Fibonacci level at $0.214, and this zone is being tested as support.

该回答目前的斐波那契水平为0.214美元，该区域正在测试作为支持。

The RSI (Relative Strength Index) indicator is in neutral territory, around the 50 mark, indicating that the price movement is declining from overbought conditions without showing strong bearish momentum.

RSI（相对强度指数）指标位于中性区域，约50分，表明价格转移因过度购买条件而下降而没有表现出强烈的看跌势头。

DOGE is also testing a horizontal zone that was previously resistance and now serves as support, in the $0.215-$0.220 range. This zone reinforces support along with Fibonacci levels.

Doge还在测试一个以前具有阻力的水平区域，现在可以作为支撑，在0.215- $ 0.220范围内。该区域加强了支持以及斐波那契水平。

If this zone is successfully defended, it could confirm the start of wave (v) towards new local highs. But if this support fails to hold, DOGE risks a deeper retracement, potentially back to $0.18 or lower.

如果该区域得到了成功的辩护，则可以确认波（V）向新的本地高点的开始。但是，如果这种支持无法持有，Doge会冒着更深层次的回溯，可能会返回到0.18美元或更低。

Overall, the price structure and momentum indicators point to a healthy correction within the broader uptrend. However, a higher low formation and breakout from consolidation are required to confirm the continuation of the bullish trend.

总体而言，价格结构和动量指标表明，更广泛的上升趋势中的健康更正。但是，需要更高的低层形成和合并中的突破来确认看涨趋势的延续。

If this pattern breaks down, it could open the door for further gains towards the 0.5 Fibonacci level around $0.18.

如果这种模式分解，它可能会为0.18美元的0.5纤维契水平的进一步增长打开大门。

On the 1-hour chart, DOGE is forming a descending triangle pattern that appears to be completing the last wave (e) of the corrective structure (a)-(b)-(c)-(d)-(e). This pattern generally precedes breakouts and trend continuation.

在1小时的图表上，Doge正在形成一个下降的三角形模式，该模式似乎正在完成纠正结构（a） - （b） - （c） - （c） - （d） - （e）的最后一波（e）。这种模式通常是突破和趋势延续之前的。

The current support zone around $0.215 in line with the horizontal structure and the 0.236 Fibonacci level provides a strong basis for a potential bullish reversal.

目前的支撑区约为$ 0.215，与水平结构一致，0.236斐波那契水平为潜在的看涨逆转提供了强大的基础。

Also, wave (iv) seems to be almost complete, having experienced a retracement from the $0.265 high to the $0.215 area.

另外，Wave（IV）似乎几乎是完整的，从而经历了从0.265美元高到0.215美元的区域的回撤。

Once wave (e) ends, a new bullish wave (V) is expected to form and target key Fibonacci extension levels.

一旦波（E）结束，预计新的看涨波（V）将形成并靶向密钥斐波那契的扩展水平。

Based on the wave height (iii), the 1.618 extension target points to $0.258, while the 2.0 extension target is at $0.280 – which means a potential upside of about 31% from the current price level.

根据波高（III），1.618扩展目标点为$ 0.258，而2.0扩展目标为0.280美元 - 这意味着从当前价格水平的上升范围约为31％。

The RSI on the 1-hour time frame has almost reached oversold territory, supporting the possibility of an upward price bounce in the near term.

1小时时间范围的RSI几乎达到了超额售出的领土，支持了在短期内进行上涨的可能性。

If DOGE manages to bounce and break $0.223 upwards

如果Doge设法反弹并打破$ 0.223