21410081171 has been falling for the past few days, just like MEME coins such as SHIB and FLOKI, all have retraced.

I heard there are 5.8 billion Dogecoin that might have some action, and everyone is wondering if this coin can rise again.

This month, the price of DOGE seems to be stuck, just swaying around.

At its lowest, it dropped to $0.34, which is nearly a 30% decrease compared to this month's highest price.

Those who made money before have started to withdraw, and market sentiment has turned quite poor; even third-party data indicates that DOGE is not popular now.

Thinking back to November, when the price of DOGE skyrocketed, the sentiment index also soared, but now the market's fear and greed index has dropped from over 90 to 80, and everyone feels a bit anxious.

DOGE's situation is quite awkward now, especially in the short term.

Gonzo says Dogecoin is currently blocked by the 100-day moving average of $0.4073 and can't break through. However, fortunately, there is a support point at the 200-day moving average of $0.3833.

If this support point is also broken, then Dogecoin will continue to fall, and the next price point that can catch it is $0.36.

But if it can break through the 100-day moving average, then the situation could be completely different, and it might rise again.

Some people say that Dogecoin's price trend looks like it is holding back for a big move, aiming to form a bullish flag chart pattern, which means it will first surge and then oscillate back and forth within a small range.

For the next layout direction, I plan to look for profit opportunities in altcoins with everyone, expecting returns of over 10 times is definitely possible. Like and comment, and I will guide you to layout the entire bull market together and make money!