#加密市场反弹
Dogecoin is showing historical trends again, with a potential increase of up to 80 times!
The current price trend of Dogecoin is quite similar to that of 2020 to 2021. Back then, it first formed two bottoms and then broke through the downward trend.
Think about 2020, when Dogecoin was only a few cents, and then it surged multiple times, reaching an astonishing increase of over 33 times in 2021!
It seems that Dogecoin is forming two bottoms in the market again, along with a downward trend.
What does this mean? In the coming weeks, Dogecoin might break this trend and continue to rise! Investors are watching closely to see how things will change.
Currently, Dogecoin is around 30 cents, having dropped from 40 cents previously.
However, some experts say that Dogecoin could rise to 30 dollars in the future! If it really does, those who buy Dogecoin now could make a huge profit, potentially over 80 times!
The current price trend is quite similar to before; it first consolidates sideways and then surges. So, Dogecoin might follow this pattern as well.
The price of Dogecoin could range between 3 to 15 dollars, depending on its collaboration with Arkham Intelligence.
After a recent drop, Dogecoin is hovering around 30 cents, as if consolidating. This price looks like a small pullback in a long-term uptrend. Looking at the weekly chart, the technical indicators are still in a downward channel, but such trends often lead to a rise.
From a bullish perspective, the RSI indicator in the 4-hour chart is just over 20, indicating overselling, far below the midline of 50, suggesting selling pressure is quite high. Generally, an RSI below 30 is likely to reverse, as it indicates that the asset is oversold.
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