DOGE price showdown: Who will dominate on January 3?
DOGE price fluctuates between $0.3 and the 20-day moving average. The bulls are eager to fight back; the bears are holding their ground, their eyes wide open, fearing that their territory will be taken away. This silent battle makes every investor nervous, waiting to see who will make the first move to break the deadlock.
January 3 may be the day for DOGE to turn around!
If the bulls can push the price to the 20-day moving average in one fell swoop and gain a firm foothold, the rebound drama will begin. The first stop is the 50-day moving average, which is $0.35, the small goal of the bulls; the second stop is $0.42, which is a hard bone that the bulls have to fight for. In this battle, time is precious and effort cannot be wasted.
Any situation may happen on the battlefield. If the bulls can't attack and the price accidentally falls below $0.3, the bears will be very happy and take the opportunity to pursue and suppress DOGE to death. $0.27 is a key number and a sweet spot in the eyes of the bears. In this market, you have to take one step at a time and make a wrong move if you are not careful.
After breaking through the 20-day moving average, the bulls have the opportunity to make a short profit. You can try to follow up and see if you can reach a high of $0.35 or even $0.42. But this road is not easy to walk, and you have to show your real skills.
Once the price falls below the 20-day moving average or $0.3, they will not hesitate and immediately take action to short with a light position, aiming directly at $0.27. They know that patience is the key, and once the opportunity comes, they must seize it tightly.
Now DOGE has broken through the 20-day moving average, and there may be hope for a rebound; if it cannot hold $0.3, the bears will show their strength and the battle will become more intense. In this battle, every investor must show their true ability, strategy, courage, and wisdom, to determine the outcome of this battle.
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