The recent price fluctuation of DOGE has attracted the attention of many investors. From the current trend, the price range of $0.4 to $0.48 does not seem to attract many buyers, while in the $0.3 to $0.35 range, many investors are already trapped. Therefore, if it can break through the resistance level of $0.3 to $0.35, it will be an important breakthrough point.
However, it is worth noting that the current market's washout time is not sufficient. The main funds are conducting washout operations as much as possible to gain more chips in the potential future rise. Currently, the trend of DOGE is temporarily in sync with Ethereum, which also reflects the overall trend of the entire cryptocurrency market.
Regarding the future of DOGE, some analysts believe that its true launch may occur at the end of a bull market. This means that investors may need to be patient and closely follow market trends. At the same time, it is important to recognize the high-risk characteristics of the cryptocurrency market, invest cautiously, and manage risks effectively.
Overall, the price trend of DOGE remains full of uncertainty. Investors should comprehensively consider market factors, project developments, and personal risk tolerance when making decisions, rather than blindly following the crowd or trusting market rumors.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
17 Likes
Reward
17
9
Repost
Share
Comment
0/400
NFTRegretDiary
· 08-17 07:15
Want to play people for suckers at the bottom again.
View OriginalReply0
MoonMathMagic
· 08-14 09:49
If you really want to trap, then take your time.
View OriginalReply0
DevChive
· 08-14 09:49
suckers are suckers, they grow back after being played for suckers.
View OriginalReply0
P2ENotWorking
· 08-14 09:46
Whipsaw again, let's talk when it falls below 0.3
View OriginalReply0
DefiEngineerJack
· 08-14 09:41
*sigh* empirically speaking, doge's correlation with eth is just another proof of market inefficiency... ngmi
The recent price fluctuation of DOGE has attracted the attention of many investors. From the current trend, the price range of $0.4 to $0.48 does not seem to attract many buyers, while in the $0.3 to $0.35 range, many investors are already trapped. Therefore, if it can break through the resistance level of $0.3 to $0.35, it will be an important breakthrough point.
However, it is worth noting that the current market's washout time is not sufficient. The main funds are conducting washout operations as much as possible to gain more chips in the potential future rise. Currently, the trend of DOGE is temporarily in sync with Ethereum, which also reflects the overall trend of the entire cryptocurrency market.
Regarding the future of DOGE, some analysts believe that its true launch may occur at the end of a bull market. This means that investors may need to be patient and closely follow market trends. At the same time, it is important to recognize the high-risk characteristics of the cryptocurrency market, invest cautiously, and manage risks effectively.
Overall, the price trend of DOGE remains full of uncertainty. Investors should comprehensively consider market factors, project developments, and personal risk tolerance when making decisions, rather than blindly following the crowd or trusting market rumors.