• 1 Dogecoin price forecast showcases the recovery of DOGE crypto from an interesting declining pattern. 

1 狗狗幣價格預測展示了狗狗幣加密貨幣從有趣的下降模式中復甦。

• 2 DOGE crypto is trading above 20, 50 and 100-days DMAs to reach the 200-days daily moving average.

2 DOGE 加密貨幣交易價格高於 20 天、50 天和 100 天 DMA，達到 200 天日移動平均線。

• 3 Dogecoin cryptocurrency may gain significantly, suggests reports of Dogecoin price forecast 2023.

3 狗狗幣 2023 年價格預測報告顯示，狗狗幣加密貨幣可能會大幅上漲。

Dogecoin price forecast indicates that DOGE is preparing to initiate its recovery phase to reach the $1 mark in 2023. However, DOGE crypto has been falling through an interesting descending parallel channel since August 2023. As Bitcoin is ready to reach the $35000 mark, most altcoins are also recovering.

狗狗幣價格預測表明，DOGE 正準備啟動復甦階段，以在2023 年達到1 美元大關。然而，自2023 年8 月以來，DOGE 加密貨幣一直在有趣的下降平行通道中下跌。隨著比特幣準備觸及35000 美元大關，大多數山寨幣也在康復中。

Dogecoin cryptocurrency managed to break out of the declining parallel channel on October 23rd and surged till the $0.06998 resistance and slipped back. Now buyers need to accumulate at a higher rate in order to push DOGE upwards. Meanwhile, DOGE crypto price must attract buyers in order to maintain its recovery phase.

狗狗幣加密貨幣於 10 月 23 日成功突破下降平行通道，飆升至 0.06998 美元阻力位後回落。現在買家需要以更高的速度累積才能推動 DOGE 上漲。同時，DOGE 加密貨幣價格必須吸引買家才能維持其復甦階段。

Dogecoin price was at $0.06514 and lost 2.02% of its market capitalization during the day’s trading session. Trading volume is down 37.20% intraday. This demonstrates that sellers are still present in the trade and are trying to pull DOGE back inside the descending parallel channel. Volume to market cap ratio was at 5.33%.

狗狗幣價格為 0.06514 美元，當天交易時段市值下跌 2.02%。盤中成交量下跌37.20%。這表明賣家仍然存在於交易中，並試圖將 DOGE 拉回到下行平行通道內。成交量與市值比率為5.33%。

Is Dogecoin Price Still a Good Investment?

狗狗幣價格仍然是不錯的投資嗎？

Dogecoin price forecast 2023 highlights the slippage of DOGE crypto after testing the $0.06998 resistance over the daily time frame chart. DOGE crypto is trying to sustain at the current level to revert back towards the resistance level of $0.06998. Volume change is below average and needs to grow in favor of buyers. Meanwhile, DOGE crypto is trading above 20, 50 and 100-days DMA to reach the 200-days daily moving average.

狗狗幣 2023 年價格預測突顯了 DOGE 加密貨幣在每日時間框架圖表上測試 0.06998 美元阻力位後的下滑。 DOGE 加密貨幣正試圖維持在當前水平，以恢復到 0.06998 美元的阻力位。成交量變化低於平均水平，需要成長以有利於買家。同時，DOGE 加密貨幣交易價格高於 20、50 和 100 天 DMA，達到 200 天日移動平均線。

If we talk about the reliability of Dogecoin price on the topic of whether it’s a good investment or not. Then we need to analyze its performance in the long term. DOGE cryptocurrency came a long way with higher highs and lower lows. And while we talk about investment then we must know the believers of DOGE to moon are still intact with the idea of taking Dogecoin price to moon. 

如果我們談論狗狗幣價格的可靠性是否是一項好的投資。那我們就需要分析它的長期表現。 DOGE 加密貨幣一路走來，高點更高，低點更低。當我們談論投資時，我們必須知道狗狗幣登月的信徒仍然堅持將狗狗幣價格帶到月球的想法。

Elon Musk is said to be the so called brand ambassador or the buzz creator of DOGE cryptocurrency. Hype is real and if we go according to the hype then Dogecoin cryptocurrency can be considered as a good investment to be considered for longer term investment to get the most profit.

伊隆馬斯克據說是所謂的品牌大使或 DOGE 加密貨幣的嗡嗡聲創造者。炒作是真實的，如果我們按照炒作進行，那麼狗狗幣加密貨幣可以被視為一項良好的投資，可以考慮進行長期投資以獲得最大利潤。

However, investors are advised to check each and every aspect that is affecting the cryptocurrency be it any insider news or even an analysis.

然而，建議投資者檢查影響加密貨幣的每個方面，無論是內幕消息還是分析。

Technical indicators suggest the return of Dogecoin price from the overbought zone. Relative strength index shows that DOGE crypto price was overbought yesterday. RSI was at 64 and is returning from the overbought territory. Investors in Dogecoin cryptocurrency need to wait for any directional change over the daily time frame chart.

技術指標顯示狗狗幣價格已從超買區域回歸。相對強弱指數顯示 DOGE 加密貨幣價格昨天超買。 RSI 為 64，正在從超買區域回歸。狗狗幣加密貨幣的投資者需要等待每日時間框架圖表的任何方向變化。

Summary

概括

Dogecoin price forecast indicates that DOGE is preparing to initiate its recovery phase to reach the $1 mark in 2023. Dogecoin cryptocurrency managed to break out of the declining parallel channel on October 23rd and surged till $0.06998 resistance and slipped back. However, volume change is below average and needs to grow in favor of buyers. Technical indicators highlight the return of Dogecoin price from the overbought zone. 

狗狗幣價格預測表明，狗狗幣正準備啟動復甦階段，在2023 年達到1 美元大關。狗狗幣加密貨幣於10 月23 日成功突破下降平行通道，飆升至0.06998 美元阻力位，然後回落。然而，成交量變化低於平均水平，需要成長以有利於買家。技術指標凸顯了狗狗幣價格從超買區域的回歸。

Technical Levels

技術水平

Support Levels: $0.06424 and $0.06325

支援位：0.06424 美元和 0.06325 美元

Resistance Levels: $0.06770 and $0.06998

阻力位：0.06770 美元和 0.06998 美元

Disclaimer

免責聲明

The views and opinions stated by the author, or any people named in this article, are for informational purposes only, and they do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss.

作者或本文中指定的任何人所陳述的觀點和意見僅供參考，並不構成財務、投資或其他建議。投資或交易加密貨幣或股票會帶來財務損失的風險。