• 1 Dogecoin price forecast showcases the recovery of DOGE crypto from an interesting declining pattern. 

1 狗狗币价格预测展示了狗狗币加密货币从有趣的下降模式中复苏。

• 2 DOGE crypto is trading above 20, 50 and 100-days DMAs to reach the 200-days daily moving average.

2 DOGE 加密货币交易价格高于 20 天、50 天和 100 天 DMA，达到 200 天日移动平均线。

• 3 Dogecoin cryptocurrency may gain significantly, suggests reports of Dogecoin price forecast 2023.

3 狗狗币 2023 年价格预测报告显示，狗狗币加密货币可能会大幅上涨。

Dogecoin price forecast indicates that DOGE is preparing to initiate its recovery phase to reach the $1 mark in 2023. However, DOGE crypto has been falling through an interesting descending parallel channel since August 2023. As Bitcoin is ready to reach the $35000 mark, most altcoins are also recovering.

狗狗币价格预测表明，DOGE 正准备启动复苏阶段，以在 2023 年达到 1 美元大关。然而，自 2023 年 8 月以来，DOGE 加密货币一直在一条有趣的下降平行通道中下跌。随着比特币准备触及 35000 美元大关，大多数山寨币也在康复中。

Dogecoin cryptocurrency managed to break out of the declining parallel channel on October 23rd and surged till the $0.06998 resistance and slipped back. Now buyers need to accumulate at a higher rate in order to push DOGE upwards. Meanwhile, DOGE crypto price must attract buyers in order to maintain its recovery phase.

狗狗币加密货币于 10 月 23 日成功突破下降平行通道，飙升至 0.06998 美元阻力位后回落。现在买家需要以更高的速度积累才能推动 DOGE 上涨。与此同时，DOGE 加密货币价格必须吸引买家才能维持其复苏阶段。

Dogecoin price was at $0.06514 and lost 2.02% of its market capitalization during the day’s trading session. Trading volume is down 37.20% intraday. This demonstrates that sellers are still present in the trade and are trying to pull DOGE back inside the descending parallel channel. Volume to market cap ratio was at 5.33%.

狗狗币价格为 0.06514 美元，当天交易时段市值下跌 2.02%。盘中成交量下跌37.20%。这表明卖家仍然存在于交易中，并试图将 DOGE 拉回到下行平行通道内。成交量与市值比率为5.33%。

Is Dogecoin Price Still a Good Investment?

狗狗币价格仍然是一项不错的投资吗？

Dogecoin price forecast 2023 highlights the slippage of DOGE crypto after testing the $0.06998 resistance over the daily time frame chart. DOGE crypto is trying to sustain at the current level to revert back towards the resistance level of $0.06998. Volume change is below average and needs to grow in favor of buyers. Meanwhile, DOGE crypto is trading above 20, 50 and 100-days DMA to reach the 200-days daily moving average.

狗狗币 2023 年价格预测突显了 DOGE 加密货币在每日时间框架图表上测试 0.06998 美元阻力位后的下滑。 DOGE 加密货币正试图维持在当前水平，以恢复到 0.06998 美元的阻力位。成交量变化低于平均水平，需要增长以有利于买家。与此同时，DOGE 加密货币交易价格高于 20、50 和 100 天 DMA，达到 200 天日移动平均线。

If we talk about the reliability of Dogecoin price on the topic of whether it’s a good investment or not. Then we need to analyze its performance in the long term. DOGE cryptocurrency came a long way with higher highs and lower lows. And while we talk about investment then we must know the believers of DOGE to moon are still intact with the idea of taking Dogecoin price to moon. 

如果我们谈论狗狗币价格的可靠性是否是一项好的投资。那么我们需要分析它的长期表现。 DOGE 加密货币一路走来，高点更高，低点更低。当我们谈论投资时，我们必须知道狗狗币登月的信徒仍然坚持将狗狗币价格带到月球的想法。

Elon Musk is said to be the so called brand ambassador or the buzz creator of DOGE cryptocurrency. Hype is real and if we go according to the hype then Dogecoin cryptocurrency can be considered as a good investment to be considered for longer term investment to get the most profit.

埃隆·马斯克据说是所谓的品牌大使或 DOGE 加密货币的嗡嗡声创造者。炒作是真实的，如果我们按照炒作进行，那么狗狗币加密货币可以被视为一项良好的投资，可以考虑进行长期投资以获得最大利润。

However, investors are advised to check each and every aspect that is affecting the cryptocurrency be it any insider news or even an analysis.

然而，建议投资者检查影响加密货币的每一个方面，无论是内幕消息还是分析。

Technical indicators suggest the return of Dogecoin price from the overbought zone. Relative strength index shows that DOGE crypto price was overbought yesterday. RSI was at 64 and is returning from the overbought territory. Investors in Dogecoin cryptocurrency need to wait for any directional change over the daily time frame chart.

技术指标表明狗狗币价格已从超买区域回归。相对强弱指数显示 DOGE 加密货币价格昨天超买。 RSI 为 64，正在从超买区域回归。狗狗币加密货币的投资者需要等待每日时间框架图表的任何方向变化。

Summary

概括

Dogecoin price forecast indicates that DOGE is preparing to initiate its recovery phase to reach the $1 mark in 2023. Dogecoin cryptocurrency managed to break out of the declining parallel channel on October 23rd and surged till $0.06998 resistance and slipped back. However, volume change is below average and needs to grow in favor of buyers. Technical indicators highlight the return of Dogecoin price from the overbought zone. 

狗狗币价格预测表明，狗狗币正准备启动复苏阶段，在 2023 年达到 1 美元大关。狗狗币加密货币于 10 月 23 日成功突破下降平行通道，飙升至 0.06998 美元阻力位，然后回落。然而，成交量变化低于平均水平，需要增长以有利于买家。技术指标凸显了狗狗币价格从超买区域的回归。

Technical Levels

技术水平

Support Levels: $0.06424 and $0.06325

支持位：0.06424 美元和 0.06325 美元

Resistance Levels: $0.06770 and $0.06998

阻力位：0.06770 美元和 0.06998 美元

Disclaimer

免责声明

The views and opinions stated by the author, or any people named in this article, are for informational purposes only, and they do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss.

作者或本文中指定的任何人所表达的观点和意见仅供参考，并不构成财务、投资或其他建议。投资或交易加密货币或股票会带来财务损失的风险。