Bear markets have been exhausting cryptocurrency investors for nearly 2 years now, and it seems like they will never end. After struggling to surpass the $26,800 level and turning it into support, the price of BTC has once again dropped below it. The $28,300 resistance was challenging, and there are many things happening around the world that are negatively affecting risk markets. So, how is the meme coin king doing?

近两年来，熊市已经让加密货币投资者精疲力竭，而且似乎永远不会结束。在努力突破 26,800 美元水平并将其转化为支撑位后，BTC 的价格再次跌破该水平。 28,300 美元的阻力位具有挑战性，而且世界各地发生的许多事情对风险市场产生负面影响。那么，米姆币王的表现如何呢？

Dogecoin (DOGE)

狗狗币 (DOGE)

DOGE price is currently finding buyers at $0.0577. The inflation data today was bad, and Fed members are saying that interest rates will be kept at their peak for a long time. So, Fed won’t allow cryptocurrencies to breathe until the first half of 2024. With Ukraine, Serbia, Syria, and the possibility of a conflict between Palestine and Israel, all short-term predictions and analyses seem to be futile.

DOGE 目前寻找买家的价格为 0.0577 美元。今天的通胀数据很糟糕，美联储成员表示利率将长期保持在高位。所以，美联储要到2024年上半年才会允许加密货币喘息。随着乌克兰、塞尔维亚、叙利亚，以及巴勒斯坦和以色列之间可能发生冲突，所有短期预测和分析似乎都是徒劳的。

On October 9th, the DOGE price lost its horizontal support level. The bulls, who had been holding $0.06 since June 10th, couldn’t resist the chaos any longer. Additionally, DOGE has been following a downward sloping resistance trendline for weeks. These two levels present us with a descending triangle formation that signals a bearish move.

10 月 9 日，DOGE 价格失去了水平支撑位。自 6 月 10 日以来一直持有 0.06 美元的多头再也无法抵抗混乱。此外，狗狗币几周来一直遵循向下倾斜的阻力趋势线。这两个水平向我们展示了一个下降三角形形态，预示着看跌走势。

The Future and Price Prediction of DOGE

DOGE的未来及价格预测

Since August 17th, DOGE has been lingering at such low levels for the first time. It had dropped to $0.055 at that time as well. The RSI on the daily chart supports the bearish scenario. As we mentioned before, $0.055 and $0.05 have come into focus. The readings on the weekly chart are not different from what we have described.

自8月17日以来，DOGE首次在如此低的水平徘徊。当时它也跌至 0.055 美元。日线图上的 RSI 支持看跌情景。正如我们之前提到的，0.055 美元和 0.05 美元已经成为焦点。周线图上的读数与我们所描述的没有什么不同。

If DOGE, which is trading within the descending triangle, experiences a clear breakdown, the price could drop to $0.02. This level, which we previously warned as the bottom area, has become a more likely option after recent developments.

如果在下降三角形内交易的 DOGE 经历明显的崩溃，价格可能会跌至 0.02 美元。我们之前警告称这一水平为底部区域，但经过最近的事态发展，这一水平已成为更有可能的选择。

So, is there anything good for DOGE? If we see a strong bounce from $0.057, it could rally up to $0.07. But is this possible while the Middle East conflict continues to pose a growth risk and BTC has lost its $26,800 support? Cryptocurrencies are full of surprises. However, it seems that what has happened in the past 2 years has also affected adrenaline junkie crypto millionaires who love surprises. SBF, Zhu, and most of the names triggering volatility are in prison.

那么，DOGE有什么好处吗？如果我们看到从 0.057 美元强劲反弹，则可能上涨至 0.07 美元。但在中东冲突继续构成增长风险且 BTC 失去 26,800 美元支撑的情况下，这可能吗？加密货币充满惊喜。然而，过去两年发生的事情似乎也影响了那些喜欢惊喜、肾上腺素上瘾的加密货币百万富翁。 SBF、朱和大多数引发波动的名字都在监狱里。

The short-term outlook is negative, and it seems to continue like this until BTC makes a nice surprise.

短期前景是负面的，而且这种情况似乎会持续下去，直到 BTC 带来惊喜。

继续阅读：https://en.coin-turk.com/the-future-and-predictions-of-dogecoin-doge-in-the-current-bear-market/