Bear markets have been exhausting cryptocurrency investors for nearly 2 years now, and it seems like they will never end. After struggling to surpass the $26,800 level and turning it into support, the price of BTC has once again dropped below it. The $28,300 resistance was challenging, and there are many things happening around the world that are negatively affecting risk markets. So, how is the meme coin king doing?

近兩年來，熊市已經讓加密貨幣投資者精疲力竭，而且似乎永遠不會結束。在努力突破 26,800 美元水準並將其轉化為支撐位後，BTC 的價格再次跌破該水準。 28,300 美元的阻力位具有挑戰性，而且世界各地發生的許多事情對風險市場產生負面影響。那麼，米姆幣王的表現如何呢？

Dogecoin (DOGE)

狗狗幣 (DOGE)

DOGE price is currently finding buyers at $0.0577. The inflation data today was bad, and Fed members are saying that interest rates will be kept at their peak for a long time. So, Fed won’t allow cryptocurrencies to breathe until the first half of 2024. With Ukraine, Serbia, Syria, and the possibility of a conflict between Palestine and Israel, all short-term predictions and analyses seem to be futile.

DOGE 目前尋找買家的價格為 0.0577 美元。今天的通膨數據很糟糕，聯準會成員表示利率將長期維持在高位。所以，聯準會要到2024年上半年才允許加密貨幣喘息。隨著烏克蘭、塞爾維亞、敘利亞，以及巴勒斯坦和以色列之間可能發生衝突，所有短期預測和分析似乎都是徒勞無功的。

On October 9th, the DOGE price lost its horizontal support level. The bulls, who had been holding $0.06 since June 10th, couldn’t resist the chaos any longer. Additionally, DOGE has been following a downward sloping resistance trendline for weeks. These two levels present us with a descending triangle formation that signals a bearish move.

10 月 9 日，DOGE 價格失去了水平支撐位。自 6 月 10 日以來一直持有 0.06 美元的多頭再也無法抵抗混亂。此外，狗狗幣幾週來一直遵循向下傾斜的阻力趨勢線。這兩個水平向我們展示了一個下降三角形形態，預示著看跌走勢。

The Future and Price Prediction of DOGE

DOGE的未來及價格預測

Since August 17th, DOGE has been lingering at such low levels for the first time. It had dropped to $0.055 at that time as well. The RSI on the daily chart supports the bearish scenario. As we mentioned before, $0.055 and $0.05 have come into focus. The readings on the weekly chart are not different from what we have described.

自8月17日以來，DOGE首次在如此低的水平徘徊。當時它也跌至 0.055 美元。日線圖上的 RSI 支援看跌情景。正如我們之前提到的，0.055 美元和 0.05 美元已經成為焦點。週線圖上的讀數與我們所描述的沒有什麼不同。

If DOGE, which is trading within the descending triangle, experiences a clear breakdown, the price could drop to $0.02. This level, which we previously warned as the bottom area, has become a more likely option after recent developments.

如果在下降三角形內交易的 DOGE 經歷明顯的崩潰，價格可能會跌至 0.02 美元。我們之前警告稱這一水平為底部區域，但經過最近的事態發展，這一水平已成為更有可能的選擇。

So, is there anything good for DOGE? If we see a strong bounce from $0.057, it could rally up to $0.07. But is this possible while the Middle East conflict continues to pose a growth risk and BTC has lost its $26,800 support? Cryptocurrencies are full of surprises. However, it seems that what has happened in the past 2 years has also affected adrenaline junkie crypto millionaires who love surprises. SBF, Zhu, and most of the names triggering volatility are in prison.

那麼，DOGE有什麼好處嗎？如果我們看到從 0.057 美元強勁反彈，則可能會上漲至 0.07 美元。但在中東衝突繼續構成成長風險且 BTC 失去 26,800 美元支撐的情況下，這可能嗎？加密貨幣充滿驚喜。然而，過去兩年發生的事情似乎也影響了那些喜歡驚喜、腎上腺素上癮的加密貨幣百萬富翁。 SBF、朱和大多數引發波動的名字都在監獄裡。

The short-term outlook is negative, and it seems to continue like this until BTC makes a nice surprise.

短期前景是負面的，而且這種情況似乎會持續下去，直到 BTC 帶來驚喜。

繼續閱讀：https://en.coin-turk.com/the-future-and-predictions-of-dogecoin-doge-in-the-current-bear-market/