Meme coin king this year did not show the expected performance and Musk seems to have forgotten it for a long time. Investors who were hopeful in December have still not received what they were waiting for. While many altcoins reach their new all-time highs, why can’t DOGE stay above $0.1? What do current data and forecasts indicate?

米姆幣王今年並沒有展現出預期的表現，馬斯克似乎已經忘記很久了。 12 月滿懷希望的投資者仍然沒有得到他們所等待的東西。雖然許多山寨幣創下歷史新高，但為什麼 DOGE 不能維持在 0.1 美元以上？當前數據和預測顯示什麼？

Dogecoin (DOGE)

狗狗幣 (DOGE)

Since December 2022, the DOGE price has not been able to overcome the horizontal resistance area, and the movement below has led to new historical lows. The price, which tried to overcome the tough barrier several times, could not reach its goal for a long time. After the rise in October, DOGE surpassed this area on December 6 and set its 2023 peak on December 11.

自2022年12月以來，DOGE價格一直未能克服水平阻力區域，下方走勢導致新的歷史低點。價格多次試圖突破難關，但長期未達標。 DOGE在10月上漲後，於12月6日突破該區域，並於12月11日創下2023年高峰。

Despite the peak on December 11, due to the fluctuation in BTC price, this week it fell below the resistance again. RSI is still above the neutral zone, but BTC does not support the rally. Due to the anxiety of the upcoming PCE inflation data on Friday and the volumes expected to weaken due to Christmas, DOGE sellers are reducing their risks.

儘管12月11日見頂，但由於BTC價格波動，本週再次跌破阻力位。 RSI仍位於中性區上方，但BTC不支援反彈。由於即將公佈的 PCE 通膨數據週五令人擔憂，預計成交量因聖誕節而減弱，DOGE 賣家正在降低風險。

BTC tested $43,500 during the early hours today as Asian markets opened, but could not sustain it. Because of the ETF excitement, a group of investors was told to start taking profit, so BTC is at $42,382 as this article is being prepared.

今天亞洲市場開盤時，BTC 測試了 43,500 美元，但未能維持下去。由於 ETF 的興奮，一群投資者被告知開始獲利了結，因此在準備本文時，BTC 的價格為 42,382 美元。

DOGE Price Prediction

DOGE價格預測

Readings on the daily chart are sending negative signals for DOGE. However, the 6-hour chart is relatively optimistic in the shorter term. The main reason for this is due to price movements. Since December, the DOGE price has been trading within a descending parallel channel, typically involving corrective movements. This will eventually lead to a breakout.

日線圖上的讀數向 DOGE 發出負面訊號。不過，6小時圖短期內相對樂觀。造成這種情況的主要原因是價格變動。自 12 月以來，DOGE 價格一直在下行平行通道內交易，通常涉及修正走勢。這最終將導致突破。

Yesterday, DOGE made a bounce at the support trend line of the channel and at the horizontal support area of $0.087, and popular crypto analyst ChiefraT said this was a turnaround from the bottom. According to the analyst, the DOGE price has started its upward movement. However, at the time of writing, DOGE was finding buyers at $0.09.

昨天，DOGE 在通道的支撐趨勢線和 0.087 美元的水平支撐區域反彈，熱門加密貨幣分析師 ChiefraT 表示，這是底部的轉機。據分析師稱，DOGE 價格已開始上漲。然而，在撰寫本文時，DOGE 正在以 0.09 美元的價格尋找買家。

The price is currently trading at the top part of the channel, and the long-term resistance is at $0.095. If the optimistic scenario materializes, the price is expected to reach $0.105. Nevertheless, closures below the $0.087 support could lead to a drop to $0.072.

目前價格位於通道頂部，長期阻力位在 0.095 美元。如果樂觀的情況成為現實，價格預計將達到 0.105 美元。儘管如此，如果收盤價低於 0.087 美元的支撐位，可能會導致價格跌至 0.072 美元。

繼續閱讀：https://en.coin-turk.com/the-meme-coin-kings-struggle-dogecoins-inconcient-performance/