$DOGE Big news! Holders of coin, please check it out!
Big news! DOGE has been extremely popular recently, and the price has soared to $0.44, which is the peak moment in three years! But the question is, can this wave of growth continue and go straight to the $0.5 mark? Or should we prepare for a "slide"-like decline? I have some ideas in my mind!
You see, the people in the Dogecoin futures market have minds like the weather, which changes at any time. As soon as Trump was elected, the liquidation amount immediately soared, and both shorts and longs were busy "retreating", and the scene was called chaos. It's obvious that the market environment is unstable, and as soon as the price rises, everyone is in a hurry to cash out and leave, for fear of being trapped one step later.
Look at the technical indicator RSI again, this guy has soared to more than 70, Dogecoin is "overheated"! Although the price is still rising, the enthusiasm of "everyone is scrambling for it" may not be as strong anymore. To put it bluntly, there may not be as many people who want to buy Dogecoin as before, or the buying pressure in the short term is not as great.
Now, Bitcoin is leading the trend, but those altcoins are still "hibernating" and have to wait! So, we still have to remain rational and not be overwhelmed by this wave of Dogecoin's rise.
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 until the end of the year. It is no problem to expect more than 10 times the space. The number of places is limited! If you want to follow up, like + leave a message.