Price analysis 5/17: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, BCH, LTC, UNI
Traders appear disinterested in buying Bitcoin at the current levels, suggesting that further downside could be in store for BTC and altcoins. Bitcoin (BTC) plummeted to an intraday low near $42,000 today, dropping 35% from its all-time high at $64,849.27. Over the weekend the selling intensified as news that Tesla may have sold its Bitcoin holdings made waves, and even after this was proven to be untrue, Bitcoin’s market dominance had still been pulled down to a three-year low below 40%. While this decline in Bitcoin may have scared new investors, stock-to-flow creator PlanB said the....
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The price of Dogecoin (DOGE) has continued to remain strong against Tether (USDT) despite growing bearish market sentiment as other crypto assets continue to decline in price. Bitcoin has shown bearish signs after being rejected from $25,200, but the price of DOGE has continued to trend higher with eyes set on the $0.1 mark. Related Reading: Bitcoin And Ethereum Retrace Before Crypto Sentiment Could Reach “Greed” Dogecoin (DOGE) Price Analysis On The Weekly Chart From the chart, the price of DOGE saw a weekly low of $0.052, which bounced from that area and rallied to a price of $0.088....
DOGE’s price shows strength as it bounces from a downtrend range as price rallied to a high of $0.085 with eyes set on $0.1. DOGE could rally more if the price breaks and closes above $0.1 with good volume, as the price of DOGE looks bullish now. DOGE’s price remains strong on the daily timeframe above the 50 and 200 Exponential Moving Averages (EMA) as the price aims for more rallies. The price of Dogecoin (DOGE) has been one of the standout performers during the past few days, gaining the attention of many traders with the news of Elon Musk finalizing the ownership of....
DOGE’s price shows strength as it bounces from a downtrend range with high volume, aiming for a rally to $0.1. DOGE faces a major test to trend higher above $0.1 after the price broke out of its long-range price movement. DOGE’s price remains strong above the 50 Exponential Moving Average (EMA) as it attempts to rally past a key area of $0.1. The price of Dogecoin (DOGE) has remained strong after breaking out of its long-range with good volume as it aims to capture the region of $0.1. The crypto market has appeared more stable this week, with Bitcoin (BTC) and Ethereum (ETH)....
DOGE’s price shows strength as it continues its rally with eyes set on a high of $0.2. DOGE could rally more as the price creates more bullish bias by breaking out of a bullish continuation pattern with eyes set on rallying higher. DOGE’s price remains strong on all timeframes as price trades above the 50 and 200 Exponential Moving Averages (EMA). The price action displayed by Dogecoin (DOGE) in the past few days has been tremendous, as the price of Dogecoin (DOGE) has become a standout performer creating the euphoria of a bull market in the hearts of many. The price of....
DOGE price breaks down into a ranging channel as price failed to break above resistance, holding price from trending higher. DOGE trades below 50 and 200-day Exponential Moving Average as the price struggles to regain bullish signs as the price continues ranging in a channel. The price of DOGE needs to break out of the channel with good volume to rally high to a region of $0.1. Dogecoin (DOGE) prices continue to struggle as they range in a channel to rekindle their bullish movement against tether (USDT). Dogecoin (DOGE) and other crypto assets experienced a relief bounce in recent....