The post Here is the Bullish Trade Setup for the Dogecoin (DOGE) Price to Reach $0.1  appeared first on Coinpedia Fintech News

这篇文章是狗狗币 (DOGE) 价格达到 0.1 美元的看涨交易设置，首先出现在 Coinpedia 金融科技新闻上

Since Bonk has gained huge attention, the other memecoins in the market have triggered a low-key trade. Both Dogecoin, Shiba Inu, and Pepe have been trading within narrow regions. Now that the BONK price rally is expected to prevail for a long time, the possibility of the DOGE price maintaining a tight consolidation appears to be quite possible. 

由于Bonk获得了巨大关注，市场上的其他memecoin也引发了低调的交易。狗狗币、柴犬币和佩佩币都在狭窄的区域内进行交易。既然BONK价格上涨预计将持续很长一段时间，DOGE价格维持紧密盘整的可能性似乎很大。

Will the DOGE price remain under bearish claws until the end of 2023?

到 2023 年底，DOGE 价格是否会继续处于看跌状态？

In the short term, the DOGE price is trading in a descending trend, displaying the possibility of reaching lower support in a short while. However, the token also carries a hidden bullish divergence that may lift the price above the bearish claws. Currently, the bulls seem to hold less dominance but may strengthen their grip as the price hits the liquidity zone. 

短期来看，DOGE价格呈下跌趋势，短期内有可能触及较低支撑位。然而，该代币还带有隐藏的看涨背离，可能会将价格推升至看跌利爪上方。目前，多头的主导地位似乎有所减弱，但随着价格触及流动性区域，其控制力可能会增强。

The DOGE price is testing the lower support of the descending parallel channel within a major descending parallel channel. The price is expected to trigger a bounce from this level, which may elevate the price towards the yearly highs close to $0.103. However, to break above the bearish pattern, the bulls are expected to strengthen their grip over the rally and pierce through the upper resistance of the channel. As the required volume does not appear in favour of the bulls, the possibility of an extended consolidation emerges. 

DOGE 价格正在测试主要下降平行通道内下降平行通道的较低支撑位。预计价格将从该水平反弹，这可能会将价格推向接近 0.103 美元的年度高点。然而，为了突破看跌格局，多头预计将加强对反弹的控制，并突破通道的上部阻力。由于所需的交易量似乎不利于多头，因此出现了进一步盘整的可能性。

Therefore, the Dogecoin price, which is testing the lower support, could hover along the levels for some time, followed by a bullish rebound. Currently, the market focus is primarily on Bonk, and hence the liquidity flow over the other memecoins may be slashed. However, the markets are approaching the end of the yearly trade, and this is expected to be a bullish event with fresh liquidity entering the markets.

因此，正在测试较低支撑位的狗狗币价格可能会在该水平徘徊一段时间，然后出现看涨反弹。目前，市场焦点主要集中在 Bonk，因此其他 memecoin 的流动性可能会大幅削减。然而，市场正接近年度交易结束，预计这将是一个看涨事件，有新的流动性进入市场。

The Dogecoin (DOGE) price is also expected to remain passive for a while, followed by a bullish breakout towards new highs.

狗狗币（DOGE）价格预计将在一段时间内保持被动，然后看涨突破新高。