• 1 Dogecoin price prediction is bullish for October till it sustains above the $0.05500 level.
• 2 DOGE price is trying to climb above the 50-day EMA to reverse the trend. 

2 DOGE 가격은 추세를 반전시키기 위해 50일 EMA 위로 올라가려고 합니다.

• 3 Dogecoin crypto consolidating for base formation.

Dogecoin price prediction stays bullish till DOGE crypto price sustains above the $0.05500 level. It consolidated for quite a long time and formed a strong base near $0.05500 so the downside risk is low. 

Dogecoin 가격 예측은 DOGE 암호화폐 가격이 $0.05500 수준 이상으로 유지될 때까지 강세를 유지합니다. 꽤 오랫동안 통합되어 $0.05500 근처에서 강력한 기반을 형성했기 때문에 하락 위험이 낮습니다.

DOGE price is near the demand zone and selling pressure seems to be getting absorbed. It indicates that some crypto whales are silently accumulating the memecoin at lower levels. 

Dogecoin crypto price tried multiple times to climb above the 50-day EMA to reverse the trend. But sellers were active and prices kept on facing rejection. However, on the lower side, buyers managed to defend the $0.05500 level and kept the price inside the range. 

Dogecoin 암호화폐 가격은 추세를 반전시키기 위해 50일 EMA 위로 올라가려고 여러 번 시도했습니다. 그러나 판매자는 활발했고 가격은 계속해서 거부당했습니다. 그러나 낮은 측면에서 구매자는 $0.05500 수준을 방어하고 가격을 범위 내로 유지했습니다.

The consolidation range is narrow so a breakout or breakdown is possible in the upcoming months. The price action shows that DOGE price is now preparing for a massive breakout. It’s better to avoid creating any short positions. 

Dogecoin price is trading at $0.06108 with an intraday decline of -0.47%. The 24-hour volume to market cap is 1.99%. 

Dogecoin 가격은 장중 -0.47% 하락한 $0.06108에 거래되고 있습니다. 24시간 거래량 대비 시가총액은 1.99%이다.

Will Dogecoin Price Break the Higher Range in October?

Dogecoin price prediction is bullish for October as well as for the next few months. Moreover, another famous memecoin Shiba Inu price prediction is also favoring the bulls. So, if the memecoin performs well in the coming months then DOGE crypto might lead the rally. 

The price behavior of the DOGE price is volatile so investors need to be careful from the speculative spikes. 

Until the Dogecoin price breakout of the $0.06857 hurdle takes place, any short-term upmove might not be reliable. It’s better to wait for the real breakout before creating a long position.

Dogecoin 가격이 0.06857달러 장애물을 돌파할 때까지 단기적인 상승 움직임은 신뢰할 수 없을 수 있습니다. 롱 포지션을 만들기 전에 실제 돌파를 기다리는 것이 좋습니다.

DOGE Price is Directionless and Spending Time in a Range

DOGE price is directionless and spending time in a range. On the daily, weekly, and monthly timeframe, the price seems to be near the crucial support. 

DOGE 가격은 방향성이 없으며 범위 내에서 시간을 보냅니다. 일일, 주간 및 월간 기간에서 가격은 중요한 지지선에 가까운 것으로 보입니다.

The analysis suggests sellers are facing difficulty in pulling the price down. Therefore, it increases the probability of the upward range expansion. The MACD curve is on a slow and steady rise indicating mild bullishness. 

The RSI is at 43 near the oversold territory so if the price recovers and breaks the higher range, then it might reach the neutral zone. 

RSI는 과매도 영역 근처의 43에 있으므로 가격이 회복되어 더 높은 범위를 돌파하면 중립 영역에 도달할 수 있습니다.

Conclusion

Dogecoin price prediction is bullish for October 2023. However, the price will gain momentum when buyers are able to break the $0.06857 hurdle. 

The analysis suggests DOGE price is near the demand zone so the possibility of an upward-range expansion is high. 

Technical Levels

기술 수준

• Resistance levels: $0.06857 and $0.07500
• Support levels: $0.05500 and $0.05000

지원 수준: $0.05500 및 $0.05000

Disclaimer

부인 성명

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

저자 또는 이 기사에 언급된 모든 사람들이 언급한 견해와 의견은 정보 제공의 목적으로만 사용됩니다. 그들은 재정적, 투자 또는 기타 조언을 확립하지 않습니다. 암호화폐 자산에 투자하거나 거래하면 금전적 손실이 발생할 위험이 있습니다.