The post Dogecoin Price Rally: How High Will The DOGE Price Go This Month?  appeared first on Coinpedia Fintech News

The crypto space has displayed a strong bullish sentiment in the market as the industry has been constantly gaining momentum and recording new higher highs frequently.

업계가 지속적으로 추진력을 얻고 새로운 최고치를 자주 기록함에 따라 암호화폐 공간은 시장에서 강한 낙관적인 분위기를 보여왔습니다.

Memecoins have gained significant momentum as top coins display massive price movements. Category leader, DOGE Price has gained over 8% in value within the past day, making it one of the top gainers in the industry.

Memecoin은 상위 코인이 엄청난 가격 변동을 보이면서 상당한 추진력을 얻었습니다. 카테고리 리더인 DOGE Price는 지난 하루 동안 가치가 8% 이상 상승하여 업계 최고의 상승세 중 하나가 되었습니다.

The Dogecoin price was seen trading in a closed space between $0.05733 and $0.06148 for a brief period, following which the market gained momentum and the price surged.

During the market pump, Dogecoin added over 40% in value, resulting in major memecoins experiencing massive price jumps. Following the pump, the price lost momentum and was seen trading sideways.

시장이 호황을 누리는 동안 Dogecoin은 가치가 40% 이상 추가되어 주요 memecoin이 엄청난 가격 상승을 경험하게 되었습니다. 펌프 이후 가격은 모멘텀을 잃고 옆으로 거래되는 것으로 나타났습니다.

November started positively as the price of the Doge coin added over 30% in its value within the first half of the month. The price recorded a high of $0.08035, following which it experienced a massive plunge.

After retesting its lower level of $0.07250, the bulls gained momentum and are presently hovering around its key resistance level of $0.08035, and it is expected to retest soon.

The Moving Average Convergence Divergence (MACD) displays significant price volatility since the month’s start, indicating an ongoing massive price action for the coin. Further, the averages show a rising pattern, suggesting the price to continue gaining value in the coming days.

MACD(Moving Average Convergence Divergence)는 월초부터 상당한 가격 변동성을 보여 코인에 대한 지속적인 대규모 가격 조치를 나타냅니다. 또한 평균은 상승 패턴을 보여 향후 며칠 동안 가격이 계속해서 가치를 얻을 것임을 시사합니다.

Will DOGE Price Hit $0.1 Soon?

DOGE 가격이 곧 $0.1에 도달할까요?

If the bulls manage to hold the price above the level of $0.0803, the price will continue to gain momentum and prepare to test its upper resistance level of $0.08393. Maintaining the price at that level would set the stage for the price to test its upper level of $0.0950 in the coming time.

If the bulls manage to hold momentum, the dogecoin price will make a run to test its upper level of $0.1 in the week ahead.

Conversely, if the bears overpower the bulls, the price will lose momentum and prepare to test its support level of $0.07648 soon.

반대로, 하락세가 상승세를 압도한다면 가격은 모멘텀을 잃고 곧 $0.07648의 지원 수준을 테스트할 준비를 할 것입니다.

Moreover, if the bears continue to dominate the market, the price will continue losing momentum and fall to test its lower support level of $0.07250 in the coming weeks.

더욱이 하락세가 계속해서 시장을 지배한다면 가격은 계속해서 모멘텀을 잃고 하락하여 앞으로 몇 주 동안 더 낮은 지지 수준인 0.07250달러를 테스트하게 될 것입니다.