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Currency news, click on my avatar to follow me to learn more. Enjoy the deployment of coins with 100-fold potential in the bull market and daily spot strategies!   What is the hottest news in the currency circle recently? Musk is making another big move! This time he wants to send Dogecoin (DOGE) to the moon - it’s not a joke, it’s serious! SpaceX's DOGE-1 moon landing mission has been scheduled for the end of 2025. This is the world's first space project fully sponsored by cryptocurrency, and it is also the first "emoji coin" to break out of the earth. Although the current market reaction is stable, everyone who knows the industry knows that this wave of operations is likely to make the price of Dogecoin "fly", maybe it can reach 1 US dollar! Let’s first talk about why this is so cool. Musk said in 2021 that he would "send DOGE to the moon", and now it is finally coming true. This mission is no small matter. Judging from the documents of the US Federal Communications Commission, the launch time is set. More importantly, this is the first time in the history of cryptocurrency that a space mission has been "contracted". Dogecoin has directly upgraded from an "internet meme" to a "space currency". Who can withstand this card? Technically, Dogecoin now stands at a crossroads. The price is currently hovering around $0.15, and the RSI indicator has just climbed out of the oversold zone and is rebounding like a spring. If it can hold the key support level of $0.15, and then be catalyzed by the good news of the moon landing mission, and break through the resistance level of $0.20, the market will be lively. If you are optimistic, you can first go to $0.50, and then go to $1. A direct 500% increase is not a dream! But if it falls below $0.15, you have to be careful about the risk of a retracement to $0.09. Don’t think this is just a fantasy, Musk is the “market engine”. In 2021, he supported Dogecoin for the first time, directly triggering the first round of surge. ； In 2024, a "DOGE Government Efficiency Department" was established, and market enthusiasm was instantly ignited. Now that the moon landing mission is coming, the third wave of market may start again. After all, as soon as Musk made a comment, the global media had to follow the report, and retail investors rushed into the market. Who dares to underestimate this social influence? But we also have to be rational. There is still uncertainty in the macro environment. Price breakthroughs must be matched by the trading volume of real gold and silver. There is also a question mark as to how long the event-driven market can last. But having said that, the technical aspect has shown signs of an oversold rebound, and with the support of such a historic event, this wave of Dogecoin is indeed worth keeping an eye on. What to do now? Value investors can invest in batches around $0.15, just like buying fresh vegetables. ； Event traders must keep an eye on the release time of mission progress, such as launch dates and technological breakthroughs. ； In terms of risk control, $0.15 is the last line of defense. If it breaks, withdraw immediately. In short, Dogecoin is now standing on both the technical and news fronts. In the next few weeks, we need to keep an eye on whether the support level of $0.15 can be sustained, whether the resistance level of $0.20 can be broken through, and whether there are any new developments in the moon landing mission. If Musk plays his "moon currency" card well, Dogecoin may really be able to replicate history and start an epic market trend toward $1. Jinzhu, a veteran in the currency circle, reminds: Opportunities and risks coexist, don’t just watch the excitement, you must weigh your wallet before investing! |
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