• 1 Dogecoin price prediction for December 2023 says the DOGE price may reach the $0.09000 level.

1 2023년 12월 Dogecoin 가격 예측에 따르면 DOGE 가격은 $0.09000 수준에 도달할 수 있습니다.

• 2 DOGE crypto price is taking support near to the EMAs.
• 3 The 50-day EMA positively intersected with the 200-day EMA, showing a golden crossover.

3 50일 EMA는 200일 EMA와 양의 교차를 보이며 골든 크로스오버를 보여줍니다.

Dogecoin price prediction for December 2023 is bullish and suggests it may reach the YTD levels. DOGE price gained positive momentum and trading with a mildly bullish bias. It sustains above the 50-day and 200-day EMAs and showcases an uptrend. 

Moreover, the EMAs in DOGE crypto displayed a golden crossover which further added fuel to the momentum. 

더욱이 DOGE 암호화폐의 EMA는 모멘텀에 더욱 활력을 불어넣는 골든 크로스오버를 보여주었습니다.

Meanwhile, Dogecoin crypto also witnessed a massive spike in the buying volume visible in green bars. At the same time, the price also began to rise and rallied 30% in a short span of time. It shows crypto whales are alive and getting ready to take the prices toward YTD high. 

In the mid of November, DOGE price suddenly shot up 8% in a single day and attempted to break out of the $0.08500 hurdle. However, the sellers were active in the supply zone, so they rejected the price and succeeded in defending the resistance. 

Later, the price showed a minor retracement toward the 50-day EMA, and buyers again came forward to push it upward. Currently, Dogecoin price is trading at $0.07865 with a one-day decrease of 0.37%. The 24-hour volume to market cap is at 2.24. 

Dogecoin Price Gained Momentum, Are Bulls Back?

Dogecoin price prediction stays bullish for December as well as for 2024. The chart pattern of this crypto shows that prices are in recovery mode and bulls are back. 

The recent rally is supported by a high volume so it increases the probability of sustaining the higher levels. 

DOGE crypto price is bouncing back from the EMA support and seems like very soon it will give another attempt to break the $0.08500 hurdle. If the buyers succeed, it will increase the possibility of reaching YTD in December. 

DOGE 암호화폐 가격은 EMA 지원에서 반등하고 있으며 곧 $0.08500 장애물을 깨기 위한 또 다른 시도를 할 것으로 보입니다. 구매자가 성공하면 12월 YTD 도달 가능성이 높아진다.

The analysis suggests the Dogecoin price wakes up after a long consolidation so momentum may continue in December. 

분석에 따르면 Dogecoin 가격은 오랜 통합 이후에 회복되어 12월에도 모멘텀이 계속될 수 있습니다.

DOGE Price is Quite Volatile, What Does it Indicate?

DOGE Price is quite volatile and trading volume is also on the rise. It shows investors as well as short-term speculators are also active. Therefore, it increases the probability of a fake breakout and breakdown. So, investors must be careful before building longs. 

Conservative investors may wait for confirmation of a $0.08744 breakout for building longs. However, the aggressive players may go long from current levels. 

보수적인 투자자들은 매수에 대한 $0.08744 돌파 확인을 기다릴 수도 있습니다. 그러나 공격적인 플레이어는 현재 수준에서 오래 갈 수 있습니다.

Conclusion

Dogecoin price prediction for December 2023 favors the bulls and suggests DOGE crypto may reach YTD high. The recent upward move in the price looks reliable and powerful so it’s better to play bullish bets and stay with the trend. 

Technical levels

• Resistance levels: $0.08744 and 0.10509

저항 수준: $0.08744 및 0.10509

• Support levels: $0.06554 and $0.05565

Disclaimer

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.