Is the Dogecoin rally over? AI predicts Halloween DOGE price in 2023, is Twitter X payment expected to be implemented in 2024?

Original author：狗狗幣中文社群之新聞台

Original source：https://www.youtube.com/watch?v=WqPzIp0qWrs

https://finbold.com/ai-predicts-doge-...
https://fr.beincrypto.com/marches/246...
https://u.today/dogecoin-doge-to-moon...

Friends of the Dogecoin Chinese community, everyone is at peace.
Today is Sunday, October 29, 2023
This is the news station of the Dogecoin Chinese community
The news to be introduced today comes from finbold, beincrypto and u.today
This news was published on October 27, 2023, Taiwan time
The headline is Is the Dogecoin rally over? AI predicts Halloween DOGE price in 2023, is Twitter X payment expected to be implemented in 2024?

Recently, Dogecoin (DOGE) has become a hot topic in the cryptocurrency market. The AI ​​algorithm of the CoinCodex platform predicts that Dogecoin may fall slightly to $0.0698 on Halloween on October 31, 2023, but Google Bard predicts that it may reach $0.0775. It is worth noting that Dogecoin has risen by about 19% recently, but it faces the key golden ratio resistance level of $0.072. If it successfully breaks through, it will have the opportunity to test $0.086; otherwise, it may gain between $0.053 and $0.06135. support.

In addition, Musk's X Company (formerly Twitter) plans to launch comprehensive payment and financial services by the end of 2024. Whether Dogecoin will be included in the payment system has attracted widespread attention. If Dogecoin is indeed integrated, its price and demand may increase significantly. Current market data and technical indicators are showing that Dogecoin’s buying momentum is building.

Generally speaking, the price trend of Dogecoin is affected by both AI predictions and technical analysis, as well as market expectations for Company X’s financial plan.

From these news, we can analyze the price trend of Dogecoin from the following perspectives:

1. AI prediction and technical analysis: The AI ​​algorithm of the CoinCodex platform predicts that the price of Dogecoin may fall slightly to $0.0698 by October 31, 2023, while Google Bader predicts that it may reach $0.0775. Not only does this show the stability of the market, but these predictions do not show a significant downward trend compared to past Dogecoin price fluctuations.

2. Recent price dynamics and market reaction: According to the article, Dogecoin has recently risen by approximately 19%, which indicates that there is a certain amount of buying power in the market. At the same time, it is facing the key golden ratio resistance at $0.072. If it can break through this resistance level, it will have the opportunity to test $0.086. This price action is consistent with the market's reaction to key technical levels.

3. Potential impact of external factors: Musk’s X Company plans to launch comprehensive payment and financial services by the end of 2024, and whether Dogecoin will be included has attracted attention. Considering Musk's influence on Dogecoin in the past, if Dogecoin is indeed integrated into Company X's payment system, this may be a major benefit, further driving up its price and demand.

Overall, although there are doubts about whether the Dogecoin rally is over, AI predictions show that its Halloween price still has the potential to stabilize in 2023. And, with Musk’s Company The combination of these factors suggests that Dogecoin still has room for growth in the future. Based on the above factors, this channel believes that this is the golden moment for long-term investors to accumulate chips and plan for the future. However, it must be emphasized that these views we share are not professional investment advice. They are only based on our observations and analysis. If you have any questions about our interpretation, we recommend that you refer to the source news link attached in the information column. For further verification, it is crucial for investors to do their own homework. Please remember to never invest in something you do not understand, never invest in a position that you cannot afford to lose, and make investment decisions carefully. . Of course, we will continue to pay close attention to the latest developments in Dogecoin.