#战火将如何牵动加密市场?
War is like a reshuffle, the entire battle situation influences cryptocurrency and stirs the hearts of investors. The wise are filled with worries and engage in a battle of wits and courage, laying out their strategies.
Dogecoin price surged to #年底牛还熊?
The price of Dogecoin rose about 7% in 24 hours, reaching $0.145 on October 28. The billionaire Elon Musk has made a big move again, aiming to save American taxpayers $2 trillion through the 'Department of Government Efficiency.' The abbreviation of this plan coincidentally matches the stock code for Dogecoin, which is DOGE. This operation has directly ignited the buying enthusiasm in the Dogecoin market, somewhat reminiscent of the big surge on October 15. Musk, the 'father of Dogecoin,' has significantly influenced Dogecoin prices through Twitter and public speeches. From March 2020 to May 2021, Dogecoin's price skyrocketed 640 times, thanks to him. His retail fans, upon seeing his statements, feel it supports Dogecoin and buy accordingly, causing the price to rise. #BabyMarvin尾号f9c7 This emerging coin also caught the heat, and Dogecoin experienced a 'golden cross.' Dogecoin's significant rise today is actually a rebound of 14.65% after the appearance of a golden cross on its daily chart. A golden cross is good news, indicating that the short-term moving average (like the 50-day moving average) has surpassed the long-term moving average (like the 200-day moving average). On October 25, Dogecoin's 50-day EMA surpassed the 200-day EMA, creating this pattern. Traders and analysts believe this is a good sign, indicating that the market is shifting from decline to rise. On October 28, Dogecoin's price firmly stood at the 0.382 Fibonacci retracement line, around $0.141, which is a key resistance level from July. Whether this price level can be maintained depends on Dogecoin's future movements. If Dogecoin can stay above $0.141, traders may focus on the two levels of $0.156 and $0.171, which are the 0.5 Fibonacci and 0.618 Fibonacci retracement levels for November, respectively. #BabyMarvin合约尾号f9c7 Recently, I plan to lay low with a potential coin ready to explode, doubling is quite simple, and I'm also looking for some potential coins to hold until the end of the year, expecting a growth potential of over 100 times is not a problem.