$DOGE holders must read! Important notice!
Comrades of Dogecoin, wake up! Recently, the price of Dogecoin has been like a roller coaster, up and down, making people confused. Everyone is guessing whether Dogecoin can break through the $0.5 mark in one fell swoop, or will it start to fall again? We have to have a good chat and see what the situation is now!
Can Dogecoin reach $0.5?
Let me tell you, Dogecoin has been rising like crazy recently, directly reaching $0.44, which is the highest price in four years! This wave of increase makes us all very excited, especially after the results of the US election came out, coupled with the news of interest rate cuts, Dogecoin is like a wing.
Friends who have Dogecoin futures, are you panicking?
Brothers who bought Dogecoin futures, does the recent price trend make you feel up and down? On the day of the election, the bulls and bears seemed to be fighting, the number of liquidations increased greatly, and the market became more difficult to guess than a woman's mind. What does this mean? When the price goes up, many traders are eager to put their money in their pockets, which is very uncertain.
Let's take a look at the technical indicators. How is Dogecoin now?
From the technical indicators, Dogecoin is now overbought, and the relative strength index has soared to more than 70. Although the price is still rising, this overbought state is like running to the limit, and you have to take a breath. To put it bluntly, there may not be many people who want to buy. New buyers start to hesitate when they see the price is so high.
Is the altcoin going to go up or should we take it easy?
Don't forget that Bitcoin is in the limelight now, and the altcoin's surge has not yet come. Be careful in this market environment, especially for assets like Dogecoin whose price is like a rocket. Although it looks very tempting, we can't be carried away by impulse, we have to be rational!
Recently, I plan to ambush a potential coin that is ready to explode. It is still very easy to double it. At the same time, I am also preparing to find some potential coins to hold by the end of the year. It is no problem to expect more than 10 times the space. The number of places is limited! Want to follow up with likes + comments.
