Cryptocurrency price Analysis brought by Coinidol.com. Dogecoin (DOGE) price is falling below the moving average lines.

Coinidol.com 帶來的加密貨幣價格分析。狗狗幣（DOGE）價格跌破移動平均線。

Dogecoin price long term forecast: bearish

狗狗幣價格長期預測：看跌

The cryptocurrency asset lost value last week as the bears broke the price range of $0.060 to $0.064. The moving average lines have slowed down the upward movement, which extended to the $0.056 support. At the time of writing, Dogecoin is worth $0.058. The price has not changed above the current support. The price has been circling above the $0.056 support since October 9. The altcoin will continue to fall if the current support level is lost until it reaches the $0.055 support. DOGE will see an uptrend if the price rises above the moving average line and the barrier at $0.064.

由於空頭突破了 0.060 美元至 0.064 美元的價格區間，加密貨幣資產上週下跌。移動平均線減緩了上行趨勢，並延伸至 0.056 美元的支撐位。截至撰寫本文時，狗狗幣價值 0.058 美元。價格沒有變化到目前支撐位之上。自 10 月 9 日以來，價格一直在 0.056 美元支撐位上方徘徊。如果失去當前支撐位，山寨幣將繼續下跌，直到達到 0.055 美元支撐位。如果價格升至移動平均線和 0.064 美元的障礙物上方，DOGE 將出現上升趨勢。

Dogecoin indicator display

狗狗幣指標顯示

The price bars for the cryptocurrency are below the moving average lines, leading to a decline below $0.060. The altcoin tends to fall as long as the price bars are below the moving average lines. The scenario is the opposite when the price bars are above the moving average lines.

加密貨幣的價格條低於移動平均線，導致跌破 0.060 美元。只要價格條低於移動平均線，山寨幣就會下跌。當價格柱位於移動平均線之上時，情況正好相反。

Technical indicators

技術指標

Key resistance levels – $0.12 and $0.14

關鍵阻力位 – 0.12 美元和 0.14 美元

Key support levels – $0.06 and $0.04

關鍵支撐位 – 0.06 美元和 0.04 美元

What is the next direction for Dogecoin?

狗狗幣下一步的發展方向是什麼？

The downtrend has already reached a level above the $0.057 support. The price indicator predicts that DOGE will fall to the 1.618 level of the Fibonacci extension or the $0.057 level. In the shorter term, the price has crossed the 21-day line SMA, but resistance at $0.059 remains.

下降趨勢已達到 0.057 美元支撐位之上。價格指標預測 DOGE 將跌至斐波那契延伸線的 1.618 水準或 0.057 美元水準。短期來看，價格已突破 21 日均線，但 0.059 美元的阻力仍然存在。

Last week Coinidol.com reported that apart from the rally on October 1, there was no price change. The altcoin rose on October 1 and surpassed the moving average lines. 

上週Coinidol.com報道稱，除了10月1日的上漲外，價格沒有變動。該山寨幣於 10 月 1 日上漲並突破了移動平均線。

Disclaimer. This Analysis and forecast are the personal opinions of the author and are not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by CoinIdol.com. Readers should do their research before investing in funds.

免責聲明。此分析和預測是作者的個人觀點，並非購買或出售加密貨幣的建議，也不應被視為 CoinIdol.com 的認可。讀者在投資基金之前應該先做好研究。