$DOGE Analysis Updates
DOGE achieved impressive results in November, with a 30-day increase of 174.4%. This can be said to be very impressive.
However, it has been fluctuating since November 12, almost 20 days.
So let's take a look at the market situation of DOGE today and talk about its future possibilities.
The current DOGE market price is 0.41733. There is a strong support price below it, about 0.39682.
🐃Positive aspects
As long as the price of DOGE is above 0.39682, it has a strong possibility of rising. Even if it is currently fluctuating, we are not afraid, just wait patiently.
The current price of DOGE is optimistic above 0.39682.
DOGE is currently facing a strong resistance price of around 0.48, which is purely a psychological resistance price.
DOGE is currently in a shock buffer and may be preparing for the next round of sprint to the 0.48 price. If DOGE can successfully cross 0.48 and the backtest is successful. Then DOGE will have no obstacles ahead and may reach $0.74.
Similarly, 0.74 will also be the next challenge. If it can cross 0.74, then we can look at $0.94 and $1.17.
Because right now we are in bull market, I personally think it have strong possibility.
🐻 Negative aspects
Here, I want to say that there is also a strong support price below 0.39682, which is around 0.35570. If the DOGE price hovers between these two strong support prices, it indicates that the oscillation time will be longer, which also increases the variables.
If the price falls out of 0.35570, the situation will not be optimistic for the time being.
It is recommended that you mark the strong support price of 0.39682 and the strong resistance price of 0.48. The reason why these two prices are strong is that they will also be the key prices of DOGE in the future.