Bitcoin‘s price is preparing for the November close, and bulls are struggling to maintain the $37,700 level. The motivation at the monthly close is important for the crypto markets to experience an uptrend in December. Moreover, as we approach 2024, the excitement for the halving is increasing. Experts had long been pointing to January for the ETF as well.
비트코인 가격은 11월 마감을 준비하고 있으며 상승세는 37,700달러 수준을 유지하기 위해 고군분투하고 있습니다. 암호화폐 시장이 12월에 상승 추세를 경험하려면 월 마감의 동기가 중요합니다. 더욱이 2024년이 다가오면서 반감기에 대한 기대감도 높아지고 있다. 전문가들은 오랫동안 ETF의 1월을 지적해 왔습니다.
Dogecoin (DOGE)
In October, the price broke free from a decreasing trend line after facing rejection three times over 900 days. This breakout on the weekly chart is promising, as it could trigger parabolic rallies in an environment that is a preparation for such exciting increases.
Dogecoin has been pleasing its investors with green candles for 5 weeks, climbing up to a peak of $0.087. After last week’s selling candle, there are signals of a return this week. We also witnessed the weekly RSI surpassing the neutral zone with the breakout.
Dogecoin은 5주 동안 녹색 양초로 투자자들을 기쁘게 해 왔으며 최고 $0.087까지 상승했습니다. 지난 주 캔들 매도에 이어 이번 주에는 반등 신호가 감지되고 있습니다. 우리는 또한 주간 RSI가 돌파와 함께 중립지대를 넘어서는 것을 목격했습니다.
All this suggests that optimism for DOGE may not be exaggerated. Moreover, the rapidly increasing network activity and the accumulation tendency mentioned earlier support this.
DOGE Price Prediction
DOGE 가격 예측
An analyst known by the username MCP drew attention to a fractal from the previous year to make a prediction about the DOGE price. According to the analyst, if the movement from the previous year repeats, we could see a gain between 50% and 70%. Another analyst, HOPER, predicts that the price will reach $0.18 by March 2024.
John Morgan wrote that DOGE is currently busy breaking a double bottom formation and climbing to $0.11. This target could be reasonable by the end of December. Meanwhile, the DOGE community is trying to send a physical Dogecoin to the moon.
John Morgan은 DOGE가 현재 이중 바닥 형성을 깨고 $0.11까지 오르느라 바쁘다고 썼습니다. 이 목표는 12월 말까지 합리적일 수 있습니다. 한편, DOGE 커뮤니티는 실제 Dogecoin을 달에 보내려고 노력하고 있습니다.
The space mission will be carried out on December 12th via ULA’s Vulcan Centaur Rocket. Musk has received approval for the space mission, and all this could further increase his popularity on social media (and indirectly its price).
On the technical front, it is hard to talk about further increases without the $0.082 resistance area being reclaimed and turned into solid support. If it fails to do so, the price could drop to $0.067 in December.
- Bitcoin struggles as DOGE gains traction.
- Analysts predict a potential DOGE surge.
- Technical levels critical for DOGE’s direction.
DOGE가 견인력을 얻으면서 비트코인은 어려움을 겪고 있습니다.
분석가들은 잠재적인 DOGE 급증을 예측합니다.
계속 읽기: https://en.coin-turk.com/exploring-the-potential-surge-in-dogecoin-value-as-bitcoin-bulls-struggle-to-maintain-position/