The post Here is the Bullish Trade Setup for the Dogecoin (DOGE) Price to Reach $0.1  appeared first on Coinpedia Fintech News

這篇文章是狗狗幣 (DOGE) 價格達到 0.1 美元的看漲交易設置，首先出現在 Coinpedia 金融科技新聞上

Since Bonk has gained huge attention, the other memecoins in the market have triggered a low-key trade. Both Dogecoin, Shiba Inu, and Pepe have been trading within narrow regions. Now that the BONK price rally is expected to prevail for a long time, the possibility of the DOGE price maintaining a tight consolidation appears to be quite possible. 

由於Bonk獲得了巨大關注，市場上的其他memecoin也引發了低調的交易。狗狗幣、柴犬幣和佩佩幣都在狹窄的區域內進行交易。既然BONK價格上漲預計將持續很長一段時間，DOGE價格維持緊密盤整的可能性似乎很高。

Will the DOGE price remain under bearish claws until the end of 2023?

到 2023 年底，DOGE 價格是否會持續處於看跌狀態？

In the short term, the DOGE price is trading in a descending trend, displaying the possibility of reaching lower support in a short while. However, the token also carries a hidden bullish divergence that may lift the price above the bearish claws. Currently, the bulls seem to hold less dominance but may strengthen their grip as the price hits the liquidity zone. 

短期來看，DOGE價格下跌趨勢，短期內有可能觸及較低支撐位。然而，該代幣還帶有隱藏的看漲背離，可能會將價格推高至看跌利爪上方。目前，多頭的主導地位似乎減弱，但隨著價格觸及流動性區域，其控制力可能會增強。

The DOGE price is testing the lower support of the descending parallel channel within a major descending parallel channel. The price is expected to trigger a bounce from this level, which may elevate the price towards the yearly highs close to $0.103. However, to break above the bearish pattern, the bulls are expected to strengthen their grip over the rally and pierce through the upper resistance of the channel. As the required volume does not appear in favour of the bulls, the possibility of an extended consolidation emerges. 

DOGE 價格正在測試主要下降平行通道內下降平行通道的較低支撐位。預計價格將從該水平反彈，這可能會將價格推向接近 0.103 美元的年度高點。然而，為了突破看跌格局，多頭預計將加強對反彈的控制，並突破通道的上部阻力。由於所需的交易量似乎不利於多頭，因此出現了進一步盤整的可能性。

Therefore, the Dogecoin price, which is testing the lower support, could hover along the levels for some time, followed by a bullish rebound. Currently, the market focus is primarily on Bonk, and hence the liquidity flow over the other memecoins may be slashed. However, the markets are approaching the end of the yearly trade, and this is expected to be a bullish event with fresh liquidity entering the markets.

因此，正在測試較低支撐位的狗狗幣價格可能會在該水平徘徊一段時間，然後出現看漲反彈。目前，市場焦點主要集中在 Bonk，因此其他 memecoin 的流動性可能會大幅削減。然而，市場正接近年度交易結束，預計這將是一個看漲事件，有新的流動性進入市場。

The Dogecoin (DOGE) price is also expected to remain passive for a while, followed by a bullish breakout towards new highs.

狗狗幣（DOGE）價格預計將在一段時間內保持被動，然後看漲突破新高。