The king of meme coins had lost the support level of $0.06 with the recent BTC drop. And it went deeper. Holding meme coins for the long term is much riskier for investors. Levels that Dogecoin (DOGE) investors should also worry about are approaching. So, what is the current situation? Will investors see a recovery after the excessive selling?

隨著最近 BTC 的下跌，迷因幣之王已經失去了 0.06 美元的支撐位。而且它變得更深了。對於投資者來說，長期持有模因幣的風險要大得多。狗狗幣（DOGE）投資者也應該擔心的水平正在接近。那麼，目前的情況如何呢？過度拋售後投資者會看到復甦嗎？

Dogecoin (DOGE)

狗狗幣 (DOGE)

The DOGE price has been melting due to miner sales. We saw that the support at $0.06 was lost with the relaxation of the support on the futures side. On the daily chart, the DOGE price traded above the $0.06 horizontal support area since June. The DOGE price also followed a decreasing resistance trend line. When these come together, a descending triangle, which is considered a bearish formation, is formed.

由於礦工拋售，DOGE 價格一直在下跌。我們看到，隨著期貨方面支撐的放鬆，0.06 美元的支撐已經失去。日線圖上，DOGE 價格自 6 月以來一直交投於 0.06 美元水平支撐區域上方。 DOGE 價格也遵循下降的阻力趨勢線。當它們結合在一起時，就會形成一個下降三角形，被認為是看跌形態。

On October 9, the Dogecoin price lost its support zone. Now, the DOGE price is trading within the horizontal area and the decreasing resistance trend line. The critical support level had remained intact for 85 days before the breakdown.

10 月 9 日，狗狗幣價格失去了支撐區域。現在，DOGE 價格在水平區域和下降阻力趨勢線內交易。在崩塌之前的 85 天裡，關鍵支撐位一直保持完好。

DOGE Price Predictions

DOGE 價格預測

The direction is still uncertain on the daily chart. To see a reversal in the trend and a recovery in the DOGE price, two things are needed. Firstly, we need to see a close above the decreasing resistance trend line. Secondly, it will be confirmed by the RSI rising above the neutral zone again.

日線圖上的方向仍然不確定。要看到趨勢逆轉和 DOGE 價格回升，需要滿足兩件事。首先，我們需要看到收盤價位於下降阻力趨勢線上方。其次，RSI再次升至中性區之上將得到證實。

If these two important thresholds are surpassed, the DOGE price can target the $0.07 resistance above $0.06. This means an approximate 20% price increase. A price analysis shared by EfloudTheSurfer also suggests a similar view.

如果超過這兩個重要閾值，DOGE 價格可能會瞄準 0.06 美元上方的 0.07 美元阻力位。這意味著價格上漲約 20%。 EfloudTheSurfer 分享的價格分析也提出了類似的觀點。

The Fibonacci retracement theory suggests that after a significant drop, a deeper bottom could be formed before a recovery. The most suitable level for a potential bottom could be $0.048. Accordingly, the DOGE price forecast indicates that the next support level can be tested unless there are closures above $0.06.

斐波那契回撤理論表明，在大幅下跌之後，在復甦之前可能會形成更深的底部。最合適的潛在底部水平可能是 0.048 美元。因此，DOGE 價格預測表明，除非收盤價高於 0.06 美元，否則可以測試下一個支撐位。

At the time of writing, DOGE is at $0.0586, and for bulls to regain support, BTC needs to make closures above $28,500 to support altcoins. However, BTC is currently at $28,350. Apart from the surprise crypto purchase in Tesla’s balance sheet in the evening, there doesn’t seem to be a short-term trigger that could push the price up.

截至撰寫本文時，DOGE 價格為 0.0586 美元，為了讓多頭重新獲得支撐，BTC 需要收盤價高於 28,500 美元才能支撐山寨幣。然而，BTC 目前價格為 28,350 美元。除了晚間特斯拉資產負債表中意外購買加密貨幣之外，似乎沒有任何短期觸發因素可以推高價格。

繼續閱讀：https://en.coin-turk.com/will-dogecoin-doge-rise-predictions-for-doge-price-direction/