The price of Dogecoin (DOGE) has fallen below the moving average lines.

狗狗币（DOGE）的价格已跌破移动平均线。

Long-term outlook for the Dogecoin price: bearish

狗狗币价格的长期前景：看跌

The negative momentum has weakened since the price broke down above the $0.073 support level on January 3. The DOGE price's attempt to recover upwards was halted by the resistance at $0.087 and the moving average lines. 

自 1 月 3 日价格跌破 0.073 美元支撑位以来，负面动能已经减弱。DOGE 价格向上复苏的尝试因 0.087 美元阻力位和移动平均线而停止。

Today, DOGE is trading at $0.079. The cryptocurrency is bearish after its rejection on January 11. If the bearish momentum continues beyond the current support, Dogecoin will fall and reach its previous low of $0.070.

今天，DOGE 的交易价格为 0.079 美元。该加密货币在 1 月 11 日遭到拒绝后呈看跌趋势。如果看跌势头继续超过当前支撑位，狗狗币将下跌并触及之前的低点 0.070 美元。

However, if buyers keep the price above the moving average lines, the altcoin will resume its positive trend. Consequently, DOGE is bearish.

然而，如果买家将价格保持在移动平均线之上，山寨币将恢复其积极趋势。因此，DOGE 是看跌的。

Dogecoin indicator reading

狗狗币指标读数

DOGE/USD's price bars are below the moving average lines, making it vulnerable to a decline. The price action of cryptocurrencies is primarily characterized by extended candlestick tails, which indicate robust buying at lower prices. The 21-day SMA has crossed below the 50-day SMA, indicating a bearish crossover for DOGE at this time. This shows where sell orders are being placed.

DOGE/USD 的价格柱位于移动平均线下方，使其容易下跌。加密货币的价格走势主要特征是延长的烛台尾部，这表明较低价格下的强劲买盘。 21 日移动平均线已下穿 50 日移动平均线，表明此时 DOGE 处于看跌交叉。这显示了卖出订单的下达位置。

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 is the next direction for Dogecoin?

狗狗币下一步的发展方向是什么？

DOGE/USD is expected to fall further to the low of $0.070. This is because the resistance at $0.087 and the moving average lines are rejecting each other. The price of the altcoin has been oscillating between $0.076 and $0.088. The decline will continue once the current support level at $0.076 is breached.

DOGE/USD 预计将进一步跌至 0.070 美元低点。这是因为 0.087 美元的阻力位和移动平均线相互排斥。山寨币的价格一直在 0.076 美元至 0.088 美元之间波动。一旦突破当前 0.076 美元的支撑位，跌势将继续。

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。