Meme coin king this year did not show the expected performance and Musk seems to have forgotten it for a long time. Investors who were hopeful in December have still not received what they were waiting for. While many altcoins reach their new all-time highs, why can’t DOGE stay above $0.1? What do current data and forecasts indicate?

米姆币王今年并没有展现出预期的表现，马斯克似乎已经忘记了很久。 12 月份满怀希望的投资者仍然没有得到他们所等待的东西。虽然许多山寨币创下历史新高，但为什么 DOGE 不能保持在 0.1 美元以上？当前数据和预测表明什么？

Dogecoin (DOGE)

狗狗币 (DOGE)

Since December 2022, the DOGE price has not been able to overcome the horizontal resistance area, and the movement below has led to new historical lows. The price, which tried to overcome the tough barrier several times, could not reach its goal for a long time. After the rise in October, DOGE surpassed this area on December 6 and set its 2023 peak on December 11.

自2022年12月以来，DOGE价格一直未能克服水平阻力区域，下方走势导致新的历史低点。价格多次试图突破难关，但长期未能达到目标。 DOGE在10月上涨后，于12月6日突破该区域，并于12月11日创下2023年峰值。

Despite the peak on December 11, due to the fluctuation in BTC price, this week it fell below the resistance again. RSI is still above the neutral zone, but BTC does not support the rally. Due to the anxiety of the upcoming PCE inflation data on Friday and the volumes expected to weaken due to Christmas, DOGE sellers are reducing their risks.

尽管12月11日见顶，但由于BTC价格波动，本周再次跌破阻力位。 RSI仍位于中性区上方，但BTC不支持反弹。由于周五即将公布的 PCE 通胀数据令人担忧，且预计成交量因圣诞节而减弱，DOGE 卖家正在降低风险。

BTC tested $43,500 during the early hours today as Asian markets opened, but could not sustain it. Because of the ETF excitement, a group of investors was told to start taking profit, so BTC is at $42,382 as this article is being prepared.

今天亚洲市场开盘时，BTC 测试了 43,500 美元，但未能维持下去。由于 ETF 的兴奋，一群投资者被告知开始获利了结，因此在准备本文时，BTC 的价格为 42,382 美元。

DOGE Price Prediction

DOGE价格预测

Readings on the daily chart are sending negative signals for DOGE. However, the 6-hour chart is relatively optimistic in the shorter term. The main reason for this is due to price movements. Since December, the DOGE price has been trading within a descending parallel channel, typically involving corrective movements. This will eventually lead to a breakout.

日线图上的读数向 DOGE 发出负面信号。不过，6小时图短期内相对乐观。造成这种情况的主要原因是价格变动。自 12 月以来，DOGE 价格一直在下行平行通道内交易，通常涉及修正走势。这最终将导致突破。

Yesterday, DOGE made a bounce at the support trend line of the channel and at the horizontal support area of $0.087, and popular crypto analyst ChiefraT said this was a turnaround from the bottom. According to the analyst, the DOGE price has started its upward movement. However, at the time of writing, DOGE was finding buyers at $0.09.

昨天，DOGE 在通道的支撑趋势线和 0.087 美元的水平支撑区域反弹，热门加密货币分析师 ChiefraT 表示，这是底部的转机。据分析师称，DOGE 价格已开始上涨。然而，在撰写本文时，DOGE 正在以 0.09 美元的价格寻找买家。

The price is currently trading at the top part of the channel, and the long-term resistance is at $0.095. If the optimistic scenario materializes, the price is expected to reach $0.105. Nevertheless, closures below the $0.087 support could lead to a drop to $0.072.

目前价格位于通道顶部，长期阻力位为 0.095 美元。如果乐观的情况成为现实，价格预计将达到 0.105 美元。尽管如此，如果收盘价低于 0.087 美元的支撑位，可能会导致价格跌至 0.072 美元。

继续阅读：https://en.coin-turk.com/the-meme-coin-kings-struggle-dogecoins-inconcient-performance/