Cryptocurrency price Analysis brought by Coinidol.com. The price of Dogecoin (DOGE) has crossed the 21-day line SMA as the altcoin resumed its uptrend.

Coinidol.com 帶來的加密貨幣價格分析。隨著山寨幣恢復上升趨勢，狗狗幣 (DOGE) 的價格已突破 21 日線 SMA。

Dogecoin price long-term forecast: in range

狗狗幣價格長期預測：在範圍內

The cryptocurrency value has been moving above the $0.060 support since August 17, but below the 50-day line SMA. On the other hand, the price of DOGE /USD is moving between $0.060 and $0.063. As it approaches the 50-day line SMA DOGE is rising. When the bullish momentum crosses the 50-day line SMA, the cryptocurrency asset will start trending in a bullish direction again. The altcoin will rise until it reaches its previous high of $0.070. In contrast, the altcoin will fluctuate between the moving average lines for a few days when the upside scenario becomes invalid. At the time of writing, the altcoin is selling at $0.062.

自 8 月 17 日以來，加密貨幣價值一直高於 0.060 美元支撐位，但低於 50 日線 SMA。另一方面，DOGE /USD 的價格在 0.060 美元至 0.063 美元之間波動。隨著接近 50 日線 SMA DOGE 正在上升。當看漲勢頭穿過 50 日均線時，加密貨幣資產將再次開始看漲趨勢。山寨幣將會上漲，直到達到先前的高點 0.070 美元。相較之下，當上行情境無效時，山寨幣將在幾天的移動平均線之間波動。在撰寫本文時，山寨幣的售價為 0.062 美元。

Dogecoin indicator display

狗狗幣指標顯示

Dogecoin is trading at the 50 level of the Relative Strength Index for the 14 period and is in the positive trend zone. The price of the altcoin has stabilized at the point where supply and demand are in balance. The price of the cryptocurrency is expected to fluctuate due to its location between the moving average lines. The bullish momentum of the coin is above the daily stochastic level of 80. The altcoin will crash when it reaches the overbought area of the market.

狗狗幣在 14 個週期內的相對強弱指數處於 50 水平，處於正面趨勢區域。山寨幣的價格已穩定在供需平衡的點上。由於其位於移動平均線之間，加密貨幣的價格預計會波動。代幣的看漲勢頭高於每日隨機水平 80。當山寨幣到達市場超買區域時，就會崩盤。

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？

The 21-day line SMA was broken upwards by the crypto asset, which indicates that the market will move within a certain range again. For a few days, the altcoin is likely to fluctuate between the moving averages. The price is moving towards the 50-day line SMA, but stagnating above the 21-day line SMA.

21日均線被加密資產向上突破，這表明市場將再次在一定區間內運行。幾天來，山寨幣可能會在移動平均線之間波動。價格正向50日線SMA移動，但停滯在21日線SMA上方。

On September 19, 2023 cryptocurrency analytics specialists of Coinidol.com stated that the value of cryptocurrency is neither falling nor rising. It is capped between $0.059 and $0.063. 

2023年9月19日，Coinidol.com的加密貨幣分析專家表示，加密貨幣的價值既沒有下跌也沒有上漲。其上限為 0.059 美元至 0.063 美元。

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 their 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。讀者在投資基金之前應該先做好研究。