Don't panic, brothers whose dogs are trapped in 0.4, I will recharge your faith 😂😂😂Dogecoin has been on full fire recently, breaking through several difficulties, and various technical indicators are suggesting that it may continue to rise in the future. Well, Bitcoin skyrocketed last night, and the meme market also shone. Dogecoin jumped 4.22% within 24 hours.Speaking of which, the total market value of memes has returned to the $100 billion mark. Judging from this trend, the bull market of 2025 may really be coming.Let's take a look at the price trend of Dogecoin again. From the 4-hour chart, Dogecoin has started to rise from the position of 0.3 US dollars and has already broken through the small obstacles that previously blocked it. Now, Dogecoin is surging towards the Fibonacci level of 38.20% at $0.3303, but the 100 moving average at $0.3357 has given it another warning.The current price of Dogecoin is 0.33053 US dollars, and its recent upward trend has prepared both the 20 day moving average and the 50 day moving average to rise hand in hand, showing great momentum.Speaking of the RSI indicator, when it started rising from $0.3, the RSI also rose, and now it has reached 60.15, fast entering the overbought zone. What does this mean? It means everyone is buying Dogecoin!Speaking of price targets, based on the Fibonacci level, if Dogecoin were to make another push, it might reach 50% Fibonacci level of $0.3551. However, the 100 moving average at $0.3357 and the 200 moving average at $0.34719 are two areas that many people are keeping an eye on, and they may become stumbling blocks for Dogecoin in the short term.However, if Dogecoin really breaks through the 50% Fibonacci level in one go, it will be amazing, and maybe it can return to the high price range of $0.37772 to $0.41557 before. Of course, if we can't break through the Fibonacci level of 38.20%, we may have to rest at $0.3 again.If you feel helpless and confused in trading, and want to learn more about the relevant knowledge and cutting-edge information of the cryptocurrency industry, click on your avatar and follow me. This bull market will no longer get lost# BIO will be launched on Binance # Bitcoin Trend Observation $BTC $ETH $DOGE
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