All DOGE friends, look here!
Do you think DOGE will soar all the way to $0.5 this time, or will it become a carnival of rising first and then falling? I have to say that I bought some Dogecoin at $0.15 and sold it at $0.25. I said before that I would clear all those less mainstream coins on Sunday. Now it looks like it may bounce a few more times, but I don’t plan to join the fun again.
Do you know? This Dogecoin has now rushed to $0.44, which is the highest point in four years! But after the election and interest rate cuts, I have some idea whether it will continue to surprise people.
Those friends who bought Dogecoin futures have a mind like the weather, which changes at any time. During the Trump election, Dogecoin was about 6,383 yuan in RMB, but there were 8,231 yuan of shorts and only 5,161 yuan of longs, and both sides were watching at almost the same time. This shows that the market is very chaotic. As soon as the price rises, everyone rushes to cash out and leave, fearing that it will be too late.
Look at the technical indicator RSI again. It is over 70, which shows that Dogecoin has been bought a little too much. To put it bluntly, although the price is rising, people are not so confident in their hearts, and feel that its momentum may be gone soon. There are not as many people who want to buy Dogecoin as before, or in other words, the enthusiasm for buying Dogecoin in the short term is not so high! !
If you don’t know what to do in the bull market, click on my avatar and follow me. Bull market spot planning, contract password, free sharing. I need fans, you need reference. It’s better to follow than to guess.
