The latest price Analysis by Coinidol.com report, Dogecoin (DOGE) has rallied to a high of $0.075 but has been unable to regain the previous high since October 26.

Coinidol.com 的最新價格分析報告顯示，狗狗幣 (DOGE) 已反彈至 0.075 美元的高點，但自 10 月 26 日以來一直無法恢復先前的高點。

Dogecoin price long term forecast: bullish

狗狗幣價格長期預測：看漲

Dogecoin (DOGE) entered a sideways trend and fell to $0.067. On October 26, the wick of the long candle indicates significant selling pressure with increasing pressure. DOGE/USD is trading at $0.069 at the time of writing. On the upside, if buyers overcome the resistance levels of $0.070 and $0.075, the cryptocurrency will reach the target price of $0.08. Nonetheless, the altcoin is forced to trade in a range as it is unable to reach past highs. The price of the altcoin is hovering between $0.066 and $0.070. On the downside, DOGE will fall if the bears break the $0.066 support level. The altcoin could fall to the $0.064 breakout level.

狗狗幣（DOGE）進入橫盤趨勢並跌至 0.067 美元。 10 月 26 日，長蠟燭的燭芯表明存在巨大的拋售壓力，且壓力不斷增加。截至撰寫本文時，DOGE/USD 的交易價格為 0.069 美元。從好的方面來說，如果買家克服 0.070 美元和 0.075 美元的阻力位，加密貨幣將達到 0.08 美元的目標價。儘管如此，山寨幣被迫在區間內交易，因為它無法達到過去的高點。山寨幣的價格徘徊在 0.066 美元至 0.070 美元之間。下檔方面，如果空頭突破 0.066 美元的支撐位，DOGE 將下跌。山寨幣可能會跌至 0.064 美元的突破水平。

Dogecoin indicator reading

狗狗幣指標讀數

After the price surge on October 26, the moving average lines have slipped sideways as DOGE rejected the recent high. The price bars in the lower time frame are either below or above the moving average lines. This explains why the cryptocurrency is trending sideways. Nevertheless, DOGE has a chance to rise as the price bars on the daily chart are above the moving average line.

10 月 26 日價格飆升後，由於 DOGE 拒絕了近期高點，移動平均線橫向下滑。較低時間範圍內的價格柱要么低於或高於移動平均線。這解釋了為什麼加密貨幣呈現橫盤趨勢。儘管如此，由於日線圖上的價格條位於移動平均線上方，DOGE 有機會上漲。

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？

Dogecoin's downtrend has ended. There is a possibility of a price rise. The price indication predicts a probable rise to a high of $0.08. The bulls are currently retesting the barrier at $0.070 for a probable breakout. In the meantime, the price of the altcoin is moving in a range between $0.066 and $0.070.

狗狗幣的下跌趨勢已經結束。有漲價的可能。價格指標預測可能會上漲至 0.08 美元的高點。多頭目前正在重新測試 0.070 美元的關卡，以判斷是否可能突破。與此同時，山寨幣的價格在 0.066 美元到 0.070 美元之間波動。

As we reported on October 29, the upward momentum reached a high of $0.075 before retreating on October 26. The altcoin retreated to a low of $0.067 before resuming its uptrend. 

正如我們 10 月 29 日報道的那樣，上漲勢頭達到 0.075 美元的高點，然後在 10 月 26 日回落。山寨幣回落至 0.067 美元的低點，然後恢復上升趨勢。

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。