• 1 Dogecoin price forecast showcases the recovery of DOGE crypto from an interesting declining pattern. 
• 2 DOGE crypto is trading above 20, 50 and 100-days DMAs to reach the 200-days daily moving average.

2 DOGE 암호화폐는 200일 일일 이동 평균에 도달하기 위해 20일, 50일 및 100일 DMA 이상으로 거래되고 있습니다.

• 3 Dogecoin cryptocurrency may gain significantly, suggests reports of Dogecoin price forecast 2023.

Dogecoin price forecast indicates that DOGE is preparing to initiate its recovery phase to reach the $1 mark in 2023. However, DOGE crypto has been falling through an interesting descending parallel channel since August 2023. As Bitcoin is ready to reach the $35000 mark, most altcoins are also recovering.

Dogecoin cryptocurrency managed to break out of the declining parallel channel on October 23rd and surged till the $0.06998 resistance and slipped back. Now buyers need to accumulate at a higher rate in order to push DOGE upwards. Meanwhile, DOGE crypto price must attract buyers in order to maintain its recovery phase.

Dogecoin 암호화폐는 10월 23일 하락하는 병렬 채널에서 탈출하여 $0.06998 저항선까지 급등한 후 다시 하락했습니다. 이제 구매자는 DOGE를 상승시키기 위해 더 높은 비율로 축적해야 합니다. 한편, DOGE 암호화폐 가격은 회복 단계를 유지하기 위해 구매자를 유치해야 합니다.

Dogecoin price was at $0.06514 and lost 2.02% of its market capitalization during the day’s trading session. Trading volume is down 37.20% intraday. This demonstrates that sellers are still present in the trade and are trying to pull DOGE back inside the descending parallel channel. Volume to market cap ratio was at 5.33%.

Dogecoin 가격은 0.06514달러였으며 당일 거래 세션 동안 시가총액의 2.02%를 잃었습니다. 장중 거래량은 37.20% 감소했습니다. 이는 판매자가 여전히 거래에 참여하고 있으며 DOGE를 하강 평행 채널 내부로 다시 끌어들이려고 노력하고 있음을 보여줍니다. 시가총액 대비 거래량 비율은 5.33%였습니다.

Is Dogecoin Price Still a Good Investment?

Dogecoin 가격은 여전히 ​​좋은 투자입니까?

Dogecoin price forecast 2023 highlights the slippage of DOGE crypto after testing the $0.06998 resistance over the daily time frame chart. DOGE crypto is trying to sustain at the current level to revert back towards the resistance level of $0.06998. Volume change is below average and needs to grow in favor of buyers. Meanwhile, DOGE crypto is trading above 20, 50 and 100-days DMA to reach the 200-days daily moving average.

If we talk about the reliability of Dogecoin price on the topic of whether it’s a good investment or not. Then we need to analyze its performance in the long term. DOGE cryptocurrency came a long way with higher highs and lower lows. And while we talk about investment then we must know the believers of DOGE to moon are still intact with the idea of taking Dogecoin price to moon. 

좋은 투자인지 아닌지에 대한 주제로 Dogecoin 가격의 신뢰성에 대해 이야기한다면. 그런 다음 장기적으로 성과를 분석해야 합니다. DOGE 암호화폐는 최고점은 높아지고 최저점은 낮아지며 먼 길을 걸어왔습니다. 그리고 우리가 투자에 대해 이야기하는 동안 우리는 DOGE를 믿는 사람들이 여전히 Dogecoin 가격을 달로 가져갈 생각을 갖고 있다는 것을 알아야 합니다.

Elon Musk is said to be the so called brand ambassador or the buzz creator of DOGE cryptocurrency. Hype is real and if we go according to the hype then Dogecoin cryptocurrency can be considered as a good investment to be considered for longer term investment to get the most profit.

Elon Musk는 소위 브랜드 홍보대사 또는 DOGE 암호화폐의 버즈 창시자로 알려져 있습니다. 과대광고는 현실이며 우리가 과대광고에 따르면 Dogecoin 암호화폐는 가장 많은 이익을 얻기 위한 장기 투자를 고려할 수 있는 좋은 투자로 간주될 수 있습니다.

However, investors are advised to check each and every aspect that is affecting the cryptocurrency be it any insider news or even an analysis.

Technical indicators suggest the return of Dogecoin price from the overbought zone. Relative strength index shows that DOGE crypto price was overbought yesterday. RSI was at 64 and is returning from the overbought territory. Investors in Dogecoin cryptocurrency need to wait for any directional change over the daily time frame chart.

Summary

Dogecoin price forecast indicates that DOGE is preparing to initiate its recovery phase to reach the $1 mark in 2023. Dogecoin cryptocurrency managed to break out of the declining parallel channel on October 23rd and surged till $0.06998 resistance and slipped back. However, volume change is below average and needs to grow in favor of buyers. Technical indicators highlight the return of Dogecoin price from the overbought zone. 

Dogecoin 가격 예측은 DOGE가 2023년에 1달러 선에 도달하기 위해 회복 단계를 시작할 준비를 하고 있음을 나타냅니다. Dogecoin 암호화폐는 10월 23일 하락 병렬 채널에서 돌파하여 $0.06998 저항까지 급등한 후 다시 하락했습니다. 그러나 거래량 변화는 평균 이하이며 구매자에게 유리하게 성장해야 합니다. 기술 지표는 과매수 영역에서 Dogecoin 가격이 회복되었음을 강조합니다.

Technical Levels

Support Levels: $0.06424 and $0.06325

지원 수준: $0.06424 및 $0.06325

Resistance Levels: $0.06770 and $0.06998

Disclaimer

부인 성명

The views and opinions stated by the author, or any people named in this article, are for informational purposes only, and they do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss.

저자 또는 이 기사에 언급된 사람들이 언급한 견해와 의견은 정보 제공의 목적으로만 제공되며 재정적, 투자 또는 기타 조언을 확립하지 않습니다. 암호화폐나 주식에 투자하거나 거래하면 금전적 손실이 발생할 위험이 있습니다.