Big news on Dogecoin

#PNUT走高

Big news is coming! Come and see

Friends who have DOGE, read this carefully!

Can Dogecoin reach $0.5 this time? Or will it fall step by step?

Dogecoin is now soaring to $0.44, which is a four-year high. After the good news of the election and interest rate cut, can it continue to be glorious? I already have an idea in my mind!

Friends who speculate in Dogecoin futures have minds like the weather, which changes at any time. As soon as Trump was elected on the 6th, the money liquidated on the Dogecoin side was soaring, with short positions of $6,383 and long positions of $5,161, and both sides acted almost at the same time. This market is as chaotic as a pot of porridge. As soon as the price rises, everyone quickly cashes out and runs away.

Look at the technical indicator RSI, which has soared to more than 70, which shows that Dogecoin has been bought a little too much. In simple terms, although the price is still rising, the enthusiasm of "Dogecoin will definitely rise" may not be so strong. In other words, there are not as many people who want to buy Dogecoin as before, or the pressure to buy it in the short term is a little less.

Now, Bitcoin is booming, but the spring of altcoins has not yet arrived. We have to be patient and invest rationally!

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