即使 Dogwifhat 的表現優於狗狗幣，但狗狗幣現在在北方的迷因貨幣中處於領先地位。 只要 DOGE 繼續守住漲幅，上漲潛力依然存在，meme 幣或許能夠奪回 3 月 2 日觸及的頂部。 如果狗狗幣價格跌破 0.1356 美元的支撐位，可能會削弱狗狗幣的價值。看漲論點，這將為長期下跌鋪路。 狗狗幣（DOGE）的價格和 Dogwifhat（WIF）的價格，以及大多數高市值的迷因貨幣，現在都以積極的偏見進行交易。
面對 Dogwifhat，狗狗幣保護了這些成就。 上週，狗狗幣 (DOGE) 的價格上漲了 69%，而 Dogwifhat 的價格同期上漲了 420% 以上。 DOGE 在過去一天中僅增加了一點，但 WIF 的增幅高達百分之三十。 儘管如此，儘管漲幅可悲，狗狗幣的價格仍將繼續守住 0.1356 美元的支撐位，這表明價格仍有一定上漲的可能性。 WIF 與 DOGE 非常相似，具有保留利潤的潛力。
Considering that the price of Bitcoin (BTC) continues to have a significant association with the price of Dogecoin (DOGE), it is important to note that the upward potential of Dogecoin is mostly driven by the price of Bitcoin. IntoTheBlock's data indicates that there is an 85% link between the two.When taking into consideration the fact that the Bitcoin market is now on fire, which is being driven by the increased interest in Bitcoin exchange-traded funds (ETFs), the significant connection between Bitcoin and Dogecoin is a fundamentally optimistic sign for Dogecoin. The expectation of the Bitcoin halving, which is happening in less than seven weeks, lends credence to this. It's possible that the excess of the Bitcoin rally may pour over into Dogecoin, which could then catalyze its ascent.Analysis of the Dogecoin pricing in light of the rising Bitcoin-Doge connectionWith the god candle that was published on March 1st, the price of Dogecoin was able to successfully transform the ascending trendline into a support. It is possible that the price of DOGE will continue to record increases as long as it remains above this trendline. It is possible that the biggest meme currency by market capitalization might retake the $0.1510 range high, which is approximately 7% higher than the current levels, if there is increased purchasing pressure above the present levels.In a scenario that is very optimistic, the price of Dogecoin could be able to break through this local peak, stretching its neck higher to reach the psychological milestone of $0.1600. A move of this kind would represent an increase of 13% over the current levels.The relative strength index (RSI) is moving in a northerly direction, which indicates that the bulls are continuing to retain a strong presence in the DOGE market. This indicates that momentum is increasing. This is shown by the fact that the Awesome Oscillator (AO) and the Moving Average Convergence Divergence (MACD) both have a significant number of green histogram bars that are located in the positive region.
This further improves the bullish view, which demonstrates that the optimistic cycle is increasing. The MACD is now located far above its signal line, which is represented by the orange band.On the other hand, if there is a surge in selling pressure and the price of Dogecoin falls below the support owing to the rising trendline, which is verified by a closing below the $0.1356 support, then the value of DOGE might extend towards the psychological threshold of $0.1200.In the worst possible scenario, the price of Dogecoin might fall to the level of the market range that is halfway between the two extremes, which is the 50% Fibonacci retracement level of $0.1126. The existing levels would be reduced by twenty percent as a result of this.
