The price of Dogecoin (DOGE) fell to a mandatory minimum before rising again. The cryptocurrency tested the 1.618 Fibonacci extension to reach the low of $0.073.

狗狗币（DOGE）的价格跌至强制最低价，然后再次上涨。该加密货币测试了 1.618 斐波那契扩展位，触及 0.073 美元的低点。

Long-term forecast for the Dogecoin price: bearish

狗狗币价格的长期预测：看跌

DOGE recovered but remained stuck at the resistance level of $0.085. The upside correction could extend to the high of $0.095 or higher if the initial resistance had been broken. The coin is currently losing value as it was rejected at its previous high. DOGE is currently trading at $0.081. If the bearish momentum continues, the market will drop to a low of $0.070.

DOGE 有所回升，但仍停留在 0.085 美元的阻力位。如果最初的阻力位被突破，则上行修正可能会延伸至 0.095 美元的高点或更高。该代币目前正在贬值，因为它在之前的高点被拒绝。 DOGE 目前的交易价格为 0.081 美元。如果看跌势头持续，市场将跌至 0.070 美元的低点。

Dogecoin indicator reading

狗狗币指标读数

DOGE will continue to fall as long as the price bars are below the moving average lines. The altcoin is about to fall to $0.070. The downward sloping moving average lines indicate the downtrend. Doji candlesticks, which limit the price movement, dominate the price action in cryptocurrencies.

只要价格条低于移动平均线，DOGE 就会继续下跌。山寨币即将跌至 0.070 美元。向下倾斜的移动平均线表明下降趋势。限制价格变动的十字烛台主导着加密货币的价格走势。

Technical indicators

技术指标

Key resistance levels – $0.12 and $0.14

关键阻力位 – 0.12 美元和 0.14 美元

Key support levels – $0.06 and $0.04

关键支撑位 – 0.06 美元和 0.04 美元

What's next for Dogecoin?

狗狗币的下一步是什么？

After its last decline on January 3, Dogecoin is still bearish. The cryptocurrency has stabilized above the support level of $0.082 since January 3. Today, as the cryptocurrency resumes selling pressure, the bears have undercut the existing support. DODE is expected to hit a low of $0.070 if the negative momentum continues.

在 1 月 3 日最后一次下跌之后，狗狗币仍然看跌。自 1 月 3 日以来，加密货币一直稳定在 0.082 美元的支撑位上方。今天，随着加密货币恢复抛售压力，空头已经削弱了现有支撑位。如果负面势头持续下去，DODE 预计将触及 0.070 美元的低点。

According to the previous report by Coinidol.com, DOGE could fall to the Fibonacci extension of $1.618 or the low of $0.075. 

根据 Coinidol.com 之前的报告，DOGE 可能会跌至斐波那契延伸线 1.618 美元或低点 0.075 美元。

Disclaimer. This Analysis and forecast are the personal opinions of the author and are not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by CoinIdol.com. Readers should do the research before investing in funds.

免责声明。此分析和预测是作者的个人观点，并非购买或出售加密货币的建议，也不应被视为 CoinIdol.com 的认可。读者应该在投资基金之前进行研究。