The price of Dogecoin (DOGE) has been below the moving average lines since the price slump on January 3, 2024.

自 2024 年 1 月 3 日價格暴跌以來，狗狗幣 (DOGE) 的價格一直低於移動平均線。

Long-term forecast for the Dogecoin price: bearish

狗狗幣價格的長期預測：看跌

Selling pressure has paused above the current support level of $0.073. The bears have not been able to sustain their bearish momentum to the $0.070 level over the past two weeks.

拋售壓力已暫停在目前支撐位 0.073 美元上方。過去兩週，空頭未能將看跌勢頭維持至 0.070 美元水準。

Nonetheless, the cryptocurrency fell to the lows of $0.074 and $0.075 before correcting higher. DOGE is currently trading at $0.074 and below the moving average lines. The market will fall above $0.070 if the current support level is broken. At this point, the altcoin is trading at $0.079.

儘管如此，加密貨幣在回調走高之前跌至 0.074 美元和 0.075 美元的低點。 DOGE 目前的交易價格為 0.074 美元，低於移動平均線。如果目前支撐位被打破，市場將跌破 0.070 美元。此時，山寨幣的交易價格為 0.079 美元。

Dogecoin indicator reading

狗狗幣指標讀數

The price bars have remained below the moving average lines for the past week, but the price action has stopped above the current support. The price bars are characterized by small, uncertain candlesticks known as dojis. DOGE is showing a bearish crossover with the 21-day SMA falling below the 50-day SMA.

過去一周，價格柱一直保持在移動平均線下方，但價格走勢已停止在目前支撐位之上。價格柱的特點是小的、不確定的燭台，稱為十字星。 DOGE 呈現看跌交叉，21 日移動平均線跌破 50 日移動平均線。

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？

After the price drop on January 3, DOGE is moving sideways on the 4-hour chart. The price of the altcoin is currently hovering between $0.076 and $0.086. The moving average lines have limited the upside. DOGE is in a downtrend as it is rejected at the 21-day SMA.

1 月 3 日價格下跌後，DOGE 在 4 小時圖上橫盤整理。山寨幣的價格目前徘徊在 0.076 美元至 0.086 美元之間。移動平均線限制了上漲空間。 DOGE 處於下降趨勢，因為它在 21 日移動平均線處被拒絕。

Last week analyses predicted that DOGE/USD could fall further to the low of $0.070. This is because the resistance at $0.087 and the moving average lines were rejecting each other.  

上週分析預測 DOGE/USD 可能會進一步跌至 0.070 美元的低點。這是因為 0.087 美元的阻力位和移動平均線相互排斥。

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 the 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。讀者應該在投資基金之前進行研究。