The historical trend of Dogecoin (#加密市场反弹 ) has reappeared, with its potential for growth possibly reaching an astonishing 80 times! Looking back at 2020 to 2021, Dogecoin first formed two solid bottoms, then broke through a downtrend, causing its price to soar. Starting from just a few cents, Dogecoin achieved over 33 times growth in 2021.
Currently, Dogecoin seems to be reproducing this pattern in the market, forming two bottoms accompanied by a downtrend. This may indicate that in the coming weeks, Dogecoin is likely to break through the current trend and continue its upward momentum. Investors are closely watching this change.
At present, Dogecoin's price is around $0.3, having decreased from the previous $0.4. However, some experts predict that Dogecoin could reach a high price of $30 in the future, which means that those investing in Dogecoin now could potentially achieve returns of over 80 times.
The price trend of Dogecoin is similar to the past, first experiencing a period of sideways consolidation, followed by a rapid increase. Therefore, Dogecoin may once again experience such growth.
The price range for Dogecoin might be between $3 to $15, depending on the progress of its collaboration with Arkham Intelligence. After a recent decline, Dogecoin's price has been hovering around $0.3, which seems to be a small pullback in a long-term uptrend. From a weekly chart perspective, technical indicators are still in a downtrend channel, but this trend often indicates subsequent rises.
From a bullish perspective, the RSI indicator on the 4-hour chart is only in the 20s, indicating oversold conditions, far below the midpoint level of 50, suggesting significant selling pressure. Typically, when the RSI is below 30, assets are likely to reverse, as this indicates that the asset is oversold.
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Next, I will guide everyone to look for profitable opportunities in altcoins, especially those potential projects expected to grow more than tenfold. If you want to gain huge returns in a bull market, please follow and leave a message, and I will lead you through the entire bull market layout! The small Dogecoin themed puppy 𝐩𝐮𝐩𝐩𝐢𝐞𝐬 has 16,000 holders, with a market value of less than 100 million, which shows decent potential. #加密市场反弹 #PCE通胀降温 #萨尔瓦多增持BTC #比特币战略储备