Dogecoin, which swept through 2021 and made a name for itself with its rise, had a difficult 2023. However, there is still a chance to end the year on a high note. It was understandable to see a negative price performance after the countless events of this year, including Elon Musk’s departure. So, what is the reason for the optimism at the end of the year?

橫掃2021年並因崛起而聲名鵲起的狗狗幣，在2023年經歷了艱難的一年。不過，仍有機會以高調結束這一年。在今年發生了無數事件（包括馬斯克的離職）之後，價格出現負面表現是可以理解的。那麼，年末樂觀的理由是什麼呢？

Dogecoin (DOGE) Analysis

狗狗幣（DOGE）分析

The king of meme coins has been stuck below the long-term descending resistance trend line since its peak in May 2021. If you recall the May SNL Show, you would also remember how Elon Musk messed everything up. DOGE, which came close to the $1 target for the first time ever, subsequently experienced a steady decline.

自2021 年5 月達到頂峰以來，迷因幣之王一直陷於長期下降阻力趨勢線下方。如果你還記得5 月的SNL 秀，你還會記得埃隆馬斯克(Elon Musk) 是如何把一切搞砸的。 DOGE 首次接近 1 美元目標，隨後經歷了穩定下跌。

Since the ATH (all-time high) day, the DOGE price remained below the long-term trend line until it broke free in October 2023. Breakouts from such long-term structures are exciting for investors as they now may indicate a trend change. Although the trend line has been surpassed, the horizontal resistance area has not been reached yet.

自 ATH（歷史新高）日以來，DOGE 價格一直低於長期趨勢線，直到 2023 年 10 月突破。這種長期結構的突破令投資者感到興奮，因為它們現在可能表明趨勢發生變化。雖然趨勢線已被突破，但尚未到達水平阻力區域。

On the weekly chart, the RSI is positive and the price is relatively strong. There’s some weakness due to Bitcoin‘s pressure, but this issue is hoped to end after Powell spills the beans tomorrow at this time.

在周線圖上，RSI為正，價格相對堅挺。由於比特幣的壓力，比特幣出現了一些疲軟，但這個問題有望在鮑威爾明天這個時候透露消息後結束。

Dogecoin Target Price

狗狗幣目標價格

On the daily chart, the DOGE price has broken free from the $0.095 horizontal resistance area. After the upward breakout, the price reached a peak of $0.107 but has not yet determined a clear direction. Even though the altcoin saw its annual high, it created a bearish candle, which was related to BTC sales. The daily RSI gives a mixed reading. On the bullish side, the indicator has escaped the descending trend line but is weakening.

日線圖上，DOGE 價格已突破 0.095 美元的水平阻力區域。向上突破後，價格達到0.107美元的峰值，但尚未確定明確的方向。儘管山寨幣創下了年度高點，但它還是形成了看跌蠟燭，這與 BTC 的銷售有關。每日 RSI 給出的讀數好壞參半。從看漲的角度來看，該指標已脫離下降趨勢線，但正在走弱。

What will determine the DOGE price is a potential bounce at $0.095. In the past, this would have been expected with Elon Musk’s support, but he is no longer around. However, we might see announcements related to upcoming DOGE space missions. There is a chance that Elon Musk might share something about the DOGE-1 space mission (where several companies will send physical DOGE to the Moon via cargo, with SpaceX being just one of them) and trigger this.

決定 DOGE 價格的是 0.095 美元的潛在反彈。在過去，這在伊隆馬斯克的支持下是可以預料到的，但他已經不在了。然而，我們可能會看到與即將到來的 DOGE 太空任務相關的公告。伊隆馬斯克有可能分享一些有關 DOGE-1 太空任務的資訊（幾家公司將透過貨物將實體 DOGE 發送到月球，SpaceX 只是其中之一）並觸發這項任務。

In a positive scenario, a bounce from $0.095 could lift the Dogecoin price to $0.145, but in the reverse scenario, we could see a retracement to $0.072.

在積極的情況下，從 0.095 美元反彈可能會將狗狗幣價格提升至 0.145 美元，但在相反的情況下，我們可能會看到回撤至 0.072 美元。

繼續閱讀：https://en.coin-turk.com/dogecoins-challenging-year-and-潛在-comeback/