The post Dogecoin Price Analysis: Will DOGE Price Break Out Soon? appeared first on Coinpedia Fintech News

狗狗币价格分析：DOGE 价格很快就会突破吗？首先出现在 Coinpedia 金融科技新闻上

The cryptocurrency industry starts the month of October in green as the market witnesses a jump in its value for the second consecutive day. With the top cryptos now stabilized and gaining value daily, the market is expected to trade the month on a bullish note.

加密货币行业在 10 月份以绿色开局，市场价值连续第二天上涨。随着顶级加密货币现已稳定并每天增值，预计市场本月将看涨。

Following the price dip in mid-September, the coin experienced massive price volatility, resulting in the coin trading in a descending triangle and a consolidated range for a brief period of time. The memecoin was then seen trading close to its support zone, where the coin repeatedly managed to hold itself above the levels indicating the bull power.

继9月中旬价格下跌之后，代币经历了巨大的价格波动，导致代币交易处于下降三角形并在短时间内处于盘整区间。随后，模因币的交易价格接近其支撑区域，该货币多次成功地将自己保持在表明牛市力量的水平之上。

The Dogecoin recently broke out of the descending triangle and has now started trading with the support of an ascending trendline. The coin is heading towards its resistance level of $0.06459 and is predicted to be tested soon.

狗狗币最近突破了下降三角形，现在开始在上升趋势线的支撑下进行交易。该代币正朝着 0.06459 美元的阻力位前进，预计很快就会受到测试。

The RSI averages constantly test the overbought zone as the coin repeatedly fails to break out of it, indicating a strong buying and selling power. Moreover, Dogecoin continues hovering around the level, indicating that the price will gain value in the coming days.

RSI 平均值不断测试超买区域，因为代币多次未能突破超买区域，这表明强劲的买卖力量。此外，狗狗币继续在该水平附近徘徊，表明价格将在未来几天上涨。

On the other hand, the MACD displays a green histogram, indicating a positive price action. Further, the chart shows a rising trend in its graph, indicating the Dogecoin price to continue trading on a bullish note this week.

另一方面，MACD 显示绿色柱状图，表明价格走势积极。此外，该图表显示了上升趋势，表明狗狗币价格本周将继续看涨。

Also Read: Dogecoin Price Prediction 2023 – 2025: Will DOGE Prices Shoot To The MOON?

另请阅读：2023 - 2025 年狗狗币价格预测：狗狗币价格会飙升吗？

Will Doge Coin Price Regain Its Value?

Doge币价格会恢复其价值吗？

If the Bulls continue gaining power and the DOGE price breaks out of the resistance level at $0.06459, then the price will continue trading on a bullish note and prepare to test the upper resistance of $0.06706. Further, if Dogecoin continues to hold its price, it will head towards its target price of $0.06931 in the coming weeks.

如果多头继续获得动力，并且 DOGE 价格突破 0.06459 美元的阻力位，那么价格将继续看涨，并准备测试 0.06706 美元的上方阻力位。此外，如果狗狗币继续保持其价格，它将在未来几周内朝着 0.06931 美元的目标价格迈进。

On the contrary, if the bears overpower the bulls and a trend reversal occurs, then the memecoin will lose its momentum and start trading negatively. Moreover, if the market fails to hold the price of Dogecoin, the coin will continue to lose its value and will retest its support zone of $0.0600 this month.

相反，如果空头压倒多头并发生趋势逆转，那么 memecoin 将失去动力并开始负面交易。此外，如果市场未能维持狗狗币的价格，该币将继续贬值，并将在本月重新测试 0.0600 美元的支撑区域。