The post Dogecoin Price Analysis: Will DOGE Price Break Out Soon? appeared first on Coinpedia Fintech News

狗狗幣價格分析：DOGE 價格很快就會突破嗎？首先出現在 Coinpedia 金融科技新聞上

The cryptocurrency industry starts the month of October in green as the market witnesses a jump in its value for the second consecutive day. With the top cryptos now stabilized and gaining value daily, the market is expected to trade the month on a bullish note.

加密貨幣產業在 10 月以綠色開局，市場價值連續第二天上漲。隨著頂級加密貨幣現已穩定並每天增值，預計市場本月將看漲。

Following the price dip in mid-September, the coin experienced massive price volatility, resulting in the coin trading in a descending triangle and a consolidated range for a brief period of time. The memecoin was then seen trading close to its support zone, where the coin repeatedly managed to hold itself above the levels indicating the bull power.

繼9月中旬價格下跌之後，代幣經歷了巨大的價格波動，導致代幣交易處於下降三角形並在短時間內處於盤整區間。隨後，模因幣的交易價格接近其支撐區域，該貨幣多次成功地將自己保持在表明牛市力量的水平之上。

The Dogecoin recently broke out of the descending triangle and has now started trading with the support of an ascending trendline. The coin is heading towards its resistance level of $0.06459 and is predicted to be tested soon.

狗狗幣最近突破了下降三角形，現在開始在上升趨勢線的支撐下進行交易。該代幣正朝著 0.06459 美元的阻力位前進，預計很快就會受到測試。

The RSI averages constantly test the overbought zone as the coin repeatedly fails to break out of it, indicating a strong buying and selling power. Moreover, Dogecoin continues hovering around the level, indicating that the price will gain value in the coming days.

RSI 平均值不斷測試超買區域，因為代幣多次未能突破超買區域，這表明強勁的買賣力量。此外，狗狗幣繼續在該水平附近徘徊，表明價格將在未來幾天上漲。

On the other hand, the MACD displays a green histogram, indicating a positive price action. Further, the chart shows a rising trend in its graph, indicating the Dogecoin price to continue trading on a bullish note this week.

另一方面，MACD 顯示綠色長條圖，顯示價格走勢積極。此外，該圖表顯示了上升趨勢，表明狗狗幣價格本週將繼續看漲。

Also Read: Dogecoin Price Prediction 2023 – 2025: Will DOGE Prices Shoot To The MOON?

另請閱讀：2023 - 2025 年狗狗幣價格預測：狗狗幣價格會飆升嗎？

Will Doge Coin Price Regain Its Value?

Doge幣價格會恢復其價值嗎？

If the Bulls continue gaining power and the DOGE price breaks out of the resistance level at $0.06459, then the price will continue trading on a bullish note and prepare to test the upper resistance of $0.06706. Further, if Dogecoin continues to hold its price, it will head towards its target price of $0.06931 in the coming weeks.

如果多頭繼續獲得動力，而 DOGE 價格突破 0.06459 美元的阻力位，那麼價格將繼續看漲，並準備測試 0.06706 美元的上方阻力位。此外，如果狗狗幣繼續保持其價格，它將在未來幾週內朝著 0.06931 美元的目標價邁進。

On the contrary, if the bears overpower the bulls and a trend reversal occurs, then the memecoin will lose its momentum and start trading negatively. Moreover, if the market fails to hold the price of Dogecoin, the coin will continue to lose its value and will retest its support zone of $0.0600 this month.

相反，如果空頭壓倒多頭並發生趨勢逆轉，那麼 memecoin 將失去動力並開始負面交易。此外，如果市場未能維持狗狗幣的價格，該幣將繼續貶值，並將在本月重新測試 0.0600 美元的支撐區域。