The post Dogecoin Holds Key Levels: A Rise Beyond These Levels Could Trigger DOGE Price Rally appeared first on Coinpedia Fintech News
狗狗幣持有關鍵水平:超越這些水平可能引發狗狗幣價格上漲的貼文首先出現在 Coinpedia 金融科技新聞
The altcoins are soaring remarkably, with a slight rise in the Bitcoin price. While Cardano & Avalanche’s prices have made a notable jump in value, the Dogecoin price has also withstood the bearish pressure. The token held crucial support, displaying the strength of the bulls, which signals a higher probability of the beginning of a fresh upswing. However, the bears continue to captivate the area around $0.1, which may hinder the progress of the rally for a while.
山寨幣價格大幅上漲,比特幣價格小幅上漲。雖然卡爾達諾和雪崩的價格顯著上漲,但狗狗幣的價格也頂住了看跌壓力。該代幣獲得了關鍵支撐,顯示了多頭的力量,這標誌著新一輪上漲開始的可能性更高。然而,空頭繼續佔領0.1美元附近區域,可能會暫時阻礙反彈的進展。
A sequential sell flag has been marked on the DOGE weekly chart as the token was facing key resistance levels. A correction was expected then that could drag back the price to $0.085 to $0.078 as it happened in the past. However, the price held the crucial resistance zone between $0.0943 and $0.0956, signalling a fair rise to the next target at $0.1048.
由於該代幣面臨關鍵阻力位,因此 DOGE 週線圖上已標記出連續賣出標誌。預計隨後會出現修正,可能會將價格拉回 0.085 美元至 0.078 美元,就像過去發生的那樣。然而,價格保持在 0.0943 美元至 0.0956 美元之間的關鍵阻力區域,表明價格將合理上漲至下一個目標 0.1048 美元。
The DOGE price has kicked off a fine upswing since the beginning of November and has maintained an elevated trend since then. The RSI is also hovering close to the upper resistance, which has never been observed since it marked the highs back in 2021. This indicates the mounting strength among the bulls, who seem to be waiting for the right time to utilise it.
DOGE價格自11月初以來開始了良好的上漲勢頭,此後一直保持上漲趨勢。 RSI 也徘徊在上方阻力附近,這是自 2021 年創下高點以來從未觀察到的。這表明多頭的力量不斷增強,他們似乎正在等待合適的時機利用它。
As the yearly close is on the horizon, market sentiments have risen above the bearish captivity. With this, the volatility within the space is also expected to rise, which may in turn uplift the trend beyond $0.1 before the end of the year. However, the bulls are required to exhibit some strength at this time; otherwise, the Dogecoin (DOGE) price may remain consolidated within the range. Besides, a bullish breakout, which appears to be more likely, could trigger a significant ascending trend towards new highs.
隨著年度收盤即將到來,市場情緒已經擺脫了看跌情緒。因此,該領域內的波動性預計也會上升,這可能會在年底前將趨勢推升至 0.1 美元以上。不過,此時多頭需要展現出一定的實力;否則,狗狗幣(DOGE)價格可能會保持在該範圍內盤整。此外,看漲突破的可能性似乎更大,可能引發顯著的上升趨勢,邁向新高。