Meme coin king has surpassed the $0.1 mark after a long hiatus, but this did not last long due to the fluctuation in BTC price. While discussing the important developments of the week, we previously mentioned that the king cryptocurrency would continue on a positive trajectory until Friday, but it could stabilize due to the impact of the future data on Friday. It happened, so what’s next?

Meme币王时隔许久，终于突破了0.1美元大关，但由于BTC价格的波动，这种情况并没有持续多久。在讨论本周的重要进展时，我们之前提到，王者加密货币将继续沿着积极的轨迹持续到周五，但由于周五未来数据的影响，它可能会企稳。事情发生了，那么接下来呢？

Dogecoin (DOGE)

狗狗币 (DOGE)

Readings on the weekly chart indicate that the DOGE price has surpassed the 900-day trend line. Previously, the price had made three unsuccessful attempts to break through the tough resistance. Now, we have seen a new local peak at $0.106. The summit seen in the 10th year of Dogecoin needs to be taken further; otherwise, this will be an unsuccessful fourth attempt.

周线图上的读数表明 DOGE 价格已突破 900 日趋势线。此前，价格曾三次尝试突破强阻力，但均未成功。现在，我们看到了新的局部峰值 0.106 美元。狗狗币第十年的巅峰还需要进一步推进；否则，这将是第四次失败的尝试。

The RSI indicates that the rise may continue. The BTC price has returned to $43,780 after the recent drop. Whether altcoins will continue to rise depends on at which level BTC will consolidate. If the price lingers in this range for a while, it will provide an opportunity for impressive rallies for altcoins, even if only for a few weeks.

RSI表明上涨可能会持续。 BTC价格在近期下跌后已回到43,780美元。山寨币是否会继续上涨取决于比特币将在哪个水平进行整合。如果价格在这个范围内徘徊一段时间，它将为山寨币提供令人印象深刻的反弹机会，即使只有几周。

DOGE Price Prediction

DOGE价格预测

The outlook on the weekly chart is still positive, but the setups are reflected late here. Investors watch the daily chart to predict shorter-term movements. Despite reaching the highest level of the new year, the length of the last upper wick on the daily time frame chart is concerning.

周线图上的前景仍然乐观，但这里的设置已在晚些时候反映出来。投资者观察日线图来预测短期走势。尽管达到了新年的最高水平，但每日时间框架图表上最后一个上影线的长度令人担忧。

Long upper wicks reflect dominant sales, and DOGE has been unable to overcome resistance due to intense supply from large investors for months. If the selling wave gains momentum again, the rally target may have been met. This is particularly noteworthy while there is a correction risk in the BTC price.

长上影线反映了销售的主导地位，而由于大型投资者几个月来的大量供应，DOGE 一直无法克服阻力。如果抛售浪潮再次获得动力，则反弹目标可能已经达到。在比特币价格存在回调风险的情况下，这一点尤其值得注意。

The $0.095 resistance area that has been stationary since the beginning of the year is crucial for the future of the price. Popular Turkish crypto analyst floud said he exited his position since the price reached the resistance.

自今年年初以来一直稳定的 0.095 美元阻力区域对于价格的未来至关重要。受欢迎的土耳其加密货币分析师弗洛德表示，自从价格达到阻力位后，他就平仓了。

“I sold 95% of the spot (with a 50% profit) and all of my margin position (with an average profit of 20%) in the red box. Losing the $0.085 level can create a squeeze. If it falls into the green box, I would consider buying again, close to the price. Enjoy.”

“我在红色方框中卖出了 95% 的现货（利润为 50%）和所有保证金头寸（平均利润为 20%）。失去 0.085 美元的水平可能会造成挤压。如果落入绿框，我会考虑再次购买，接近价格。享受。”

Despite the price movement being in the downward direction, the daily RSI is in the upward direction. The route that the Bitcoin price will follow and whether the DOGE price can remain above the resistance will be decisive for the future. If we see a successful breakout, there could be a 50% increase to $0.145. On the contrary, we could see a drop to $0.07.

尽管价格走势向下，但每日 RSI 却向上。比特币价格将遵循的路线以及DOGE价格能否保持在阻力位上方将对未来产生决定性影响。如果我们看到成功突破，可能会上涨 50% 至 0.145 美元。相反，我们可能会看到跌至 0.07 美元。

继续阅读：https://en.coin-turk.com/dogecoin-doge-price-analysis-will-the-rally-continue/