即使 Dogwifhat 的表现优于狗狗币，但狗狗币现在在北方的模因货币中处于领先地位。 只要 DOGE 继续守住涨幅，上涨潜力依然存在，meme 币或许能够夺回 3 月 2 日触及的顶部。 如果狗狗币价格跌破 0.1356 美元的支撑位，可能会削弱狗狗币的价值。看涨论点，这将为长期下跌铺平道路。 狗狗币（DOGE）的价格和 Dogwifhat（WIF）的价格，以及大多数高市值的模因货币，现在都以积极的偏见进行交易。
面对 Dogwifhat，狗狗币保护了这些成就。 上周，狗狗币 (DOGE) 的价格上涨了 69%，而 Dogwifhat 的价格同期上涨了 420% 以上。 DOGE 在过去一天中仅增加了一点点，但 WIF 的增幅高达百分之三十。 尽管如此，尽管涨幅可悲，狗狗币的价格仍将继续守住 0.1356 美元的支撑位，这表明价格仍有一定上涨的可能性。 WIF 与 DOGE 非常相似，具有保留利润的潜力。
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.
