Dogecoin

Rekt

<p style="text-align: justify">Cryptocurrencies continue their strong rallies to end the bear season, reaching new highs every day. The strong position of BTC at $34,500 is highly positive and leads to increased risk appetite in altcoins. So, what is the latest situation in <strong><a href="https://en.coin-turk.com/dogecoin-doge-price-analysis-and-forecast-for-october-will-the-rally-continue/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Dogecoin</a> (<a href="https://en.coin-turk.com/dogecoin-continues-to-show-positive-price-movement-with-over-10-increase/" data-wpel-link="internal" rel="noopener noreferrer nofollow">DOGE</a>)</strong>?</p>
<h2 style="text-align: justify" id="dogecoin-doge-analysis">Dogecoin (DOGE) Analysis</h2>
<p style="text-align: justify">Long-term resistance lines are essential in bear markets. We have seen that decreasing trend lines from ATH or near peaks have been tested multiple times during intermediate bullish periods. However, at some point, these lines need to be broken for cryptocurrencies to turn back upwards. The current period is wearing down the bears day by day. This has also led to the return of investors who suffered significant losses in previous fake rallies and have been waiting on the sidelines.</p>
<p style="text-align: justify">The <strong>Dogecoin price</strong> surpassed the trend line coming from its all-time high of $0.74 in May 2021. In June 2022, the price hit its bottom in the last bear season at $0.049, and recently, it has seen even lower levels near this bottom. Now things have changed as the DOGE price has broken a 900-day frustrating resistance trend line.</p>
<p style="text-align: justify"><img decoding="async" class="size-full wp-image-272023 aligncenter" src="https://coin-turk.com/wp-content/uploads/2023/10/DOGE-Alinir-Mi-.png" alt="" width="1888" height="771"></p>
<p style="text-align: justify">It made its first close above this line at $0.069 on the weekly chart. The RSI is currently uncertain, but the overall <a href="https://newslinker.co/category/finance/" data-wpel-link="exclude" rel="noopener noreferrer nofollow">market</a> sentiment suggests that the increase in optimism could continue.</p>
<h2 style="text-align: justify" id="crypto-analyst-s-doge-prediction">Crypto Analyst’s DOGE Prediction</h2>
<p style="text-align: justify">Popular experts have started sharing bullish predictions for <strong>Dogecoin</strong>. Just three weeks ago, the dominant view was that BTC would drop to $20,000, but now expectations are targeting $40,000 in the opposite direction. Just seeing this is enough to understand the high volatility and variable nature of cryptocurrencies.</p>
<p style="text-align: justify">For investors who have experienced challenging times in bear markets, the most valuable thing is to internalize the unchanging dynamics of the market through their experiences. This way, they can benefit from these experiences in the future.</p>
<div id="attachment_272024" style="width: 100%" class="wp-caption aligncenter"><img decoding="async" aria-describedby="caption-attachment-272024" class="wp-image-272024 size-full" src="https://coin-turk.com/wp-content/uploads/2023/10/ZAYKChart-DOGE-Fiyat-Tahmini.webp" alt="" width="1571" height="995">
 <p></p>
 <p id="caption-attachment-272024" class="wp-caption-text">ZAYKChart DOGE Price Prediction</p>
</div>
<p style="text-align: justify">Analyst ZAYKChart believes that <strong>DOGE</strong> is ready for a major upward wave. Analyst Rovercvc argues that it will outperform BTC in the coming days. Rekt Capital believes that the recent weekly close did not provide a definite confirmation of a trend change and suggests that it would be beneficial to wait and observe.</p>
<div class="sorumluluk_reddi" style="text-align: justify"><strong>Disclaimer:</strong> The information in this article does not constitute investment advice. Investors should be aware of the high volatility and associated risks of cryptocurrencies and should conduct their own research before making any transactions.
</div> Continue Reading: <a href="https://en.coin-turk.com/dogecoin-doge-latest-analysis-and-price-prediction/" data-wpel-link="internal" rel="noopener noreferrer nofollow">https://en.coin-turk.com/dogecoin-doge-latest-analysis-and-price-prediction/</a>

Dogecoin (DOGE): Latest Analysis and Price Prediction

Table of Contents

COINTURK NEWS

Other articles published on Oct 31, 2023

Robert Kiyosaki Warns Biggest Crash in History; Shares Survival Strategies

Crypto horrors: Tales of lost Bitcoin wallets

Elon Musk And Joe Rogan Reunite for Podcast Today; X, Cybertruck, Dogecoin Insights Expected

Ethereum’s Price Consolidation and Whale Activity Indicate a Promising Future

Expert Insights: 7 Altcoins Showing Promising Breakout Potential – A Must-Watch List

PancakeSwap launches asset management feature

Join our free newsletter for daily crypto updates!