From the in-depth analysis of DOGE's market trend, since its launch, the price has achieved a leap from $0.05 to $0.22, an increase of nearly four times, showing strong upward momentum. At present, the price of DOGE has stabilized at the bottom of the range for more than three months, which shows that the market is undergoing deep price consolidation and accumulation.
According to the stability principle reflected by the large-cycle K-line, for investors who hold DOGE for a long time, there is no need to pay too much attention to small fluctuations in the short term, but to remain patient and wait for the opportunity. Further price increases often only require the accumulation of time and the catalysis of a certain triggering factor. At present, the price of DOGE is at a relatively low level, with a high cost-effectiveness, providing investors with a good entry opportunity.
In terms of price expectations, $0.28 can be regarded as a reasonable target position. With the gradual improvement of the market environment and the continuous strengthening of DOGE's own fundamentals, we have reason to believe that this target position is expected to be achieved in the future.
