#数字货币市场洞察 $DOGE has held the defense line of $0.14 for two consecutive weeks, and the active addresses on the network have rushed to 67,000, indicating that participation is picking up, selling pressure has eased significantly, and many funds are quietly deploying.
Whether it can continue to rise in the short term depends on the $0.16 mark. If it stands firm, the uptrend may continue; Conversely, if it cannot hold, it may try the $0.081 support level.
Interestingly, $DOGE is moving away from its pure "meme coin" identity. Some taxes in Argentina can already be settled in DOGE, and airlines have begun to let customers use it to buy air tickets. Although the scale is not large at present, these practical applications do add a lot to long-term development.
The technicals also look a bit interesting - the long-term triangle and cup and handle pattern are still there, the weekly RSI is close to 50, and the MACD is looking to form a bullish crossover, suggesting that there may still be room above. The enthusiasm of the bulls is heating up little by little.
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.
10 Likes
Reward
10
5
Repost
Share
Comment
0/400
StablecoinEnjoyer
· 12-12 00:02
0.16 breaking or not breaking is really crucial, it feels like it's just a matter of these two days.
View OriginalReply0
YieldChaser
· 12-10 03:41
This wave of DOGE is really interesting, from a pure meme coin to being able to buy air tickets, this change is a bit fast
View OriginalReply0
rugpull_survivor
· 12-10 03:38
If you can't break 0.16, don't bb, really
View OriginalReply0
ApeEscapeArtist
· 12-10 03:28
0.16 is really a threshold, if it is broken, it really has to take off, and it will be embarrassing if you can't hold it
View OriginalReply0
NFTArchaeologist
· 12-10 03:27
0.16 is the key, if you can't break it, you still have to go back to 0.08, whether this wave can come out depends on this
#数字货币市场洞察 $DOGE has held the defense line of $0.14 for two consecutive weeks, and the active addresses on the network have rushed to 67,000, indicating that participation is picking up, selling pressure has eased significantly, and many funds are quietly deploying.
Whether it can continue to rise in the short term depends on the $0.16 mark. If it stands firm, the uptrend may continue; Conversely, if it cannot hold, it may try the $0.081 support level.
Interestingly, $DOGE is moving away from its pure "meme coin" identity. Some taxes in Argentina can already be settled in DOGE, and airlines have begun to let customers use it to buy air tickets. Although the scale is not large at present, these practical applications do add a lot to long-term development.
The technicals also look a bit interesting - the long-term triangle and cup and handle pattern are still there, the weekly RSI is close to 50, and the MACD is looking to form a bullish crossover, suggesting that there may still be room above. The enthusiasm of the bulls is heating up little by little.