The post Dogecoin Holds Key Levels: A Rise Beyond These Levels Could Trigger DOGE Price Rally appeared first on Coinpedia Fintech News
狗狗币持有关键水平:超越这些水平可能引发狗狗币价格上涨的帖子首先出现在 Coinpedia 金融科技新闻
The altcoins are soaring remarkably, with a slight rise in the Bitcoin price. While Cardano & Avalanche’s prices have made a notable jump in value, the Dogecoin price has also withstood the bearish pressure. The token held crucial support, displaying the strength of the bulls, which signals a higher probability of the beginning of a fresh upswing. However, the bears continue to captivate the area around $0.1, which may hinder the progress of the rally for a while.
山寨币价格大幅上涨,比特币价格小幅上涨。虽然卡尔达诺和雪崩的价格显着上涨,但狗狗币的价格也顶住了看跌压力。该代币获得了关键支撑,显示了多头的力量,这标志着新一轮上涨开始的可能性更高。然而,空头继续占领0.1美元附近区域,这可能会暂时阻碍反弹的进展。
A sequential sell flag has been marked on the DOGE weekly chart as the token was facing key resistance levels. A correction was expected then that could drag back the price to $0.085 to $0.078 as it happened in the past. However, the price held the crucial resistance zone between $0.0943 and $0.0956, signalling a fair rise to the next target at $0.1048.
由于该代币面临关键阻力位,因此 DOGE 周线图上已标记出连续卖出标志。预计随后会出现修正,可能会将价格拉回 0.085 美元至 0.078 美元,就像过去发生的那样。然而,价格保持在 0.0943 美元至 0.0956 美元之间的关键阻力区域,表明价格将合理上涨至下一个目标 0.1048 美元。
The DOGE price has kicked off a fine upswing since the beginning of November and has maintained an elevated trend since then. The RSI is also hovering close to the upper resistance, which has never been observed since it marked the highs back in 2021. This indicates the mounting strength among the bulls, who seem to be waiting for the right time to utilise it.
DOGE价格自11月初以来开始了良好的上涨势头,此后一直保持上涨趋势。 RSI 也徘徊在上方阻力附近,这是自 2021 年创下高点以来从未观察到的。这表明多头的力量不断增强,他们似乎正在等待合适的时机利用它。
As the yearly close is on the horizon, market sentiments have risen above the bearish captivity. With this, the volatility within the space is also expected to rise, which may in turn uplift the trend beyond $0.1 before the end of the year. However, the bulls are required to exhibit some strength at this time; otherwise, the Dogecoin (DOGE) price may remain consolidated within the range. Besides, a bullish breakout, which appears to be more likely, could trigger a significant ascending trend towards new highs.
随着年度收盘即将到来,市场情绪已经摆脱了看跌情绪。因此,该领域内的波动性预计也会上升,这可能会在年底前将趋势推升至 0.1 美元以上。不过,此时多头需要展现出一定的实力;否则,狗狗币(DOGE)价格可能会保持在该范围内盘整。此外,看涨突破的可能性似乎更大,可能会引发显着的上升趋势,迈向新高。