
TECHNICAL ANALYSIS OF DOGECOIN’S PRICE: $DOGE Loses Momentum
Elon Musk distances himself from Dogecoin, dismissing its official use by the Trump administration, which directly impacts the main media engine behind the memecoin. The bearish
Crypto Economy section, we will publish every week the technical price analysis of Bitcoin [BTC], Ethereum [ETH], Ripple [XRP] and other cryptocurrencies.
These analyzes are prepared by our specialists based on the evolution of the markets.
A technical price analysis provides excellent and useful information that can help us know when is the best time to make movements in our investments or when it is not a good time to operate.
But we must not only take this information into account, the monitoring of the prices of a cryptocurrency must be accompanied by an investigation into the latest news related to it.
So we can get an idea about whether the price increase or decrease has occurred due to an event related to the project or if it could be a market manipulation, etc.
Elon Musk distances himself from Dogecoin, dismissing its official use by the Trump administration, which directly impacts the main media engine behind the memecoin. The bearish
Since its low on March 10th, AVAX has surged to $22.12, posting a 1.30% gain in the last 24 hours, fueling market optimism. The RSI is
The inclusion of Solana in the “strategic cryptocurrency reserve” announced by Donald Trump and the launch of SOL futures by CME Group reflect growing institutional interest
TRON has shown a loss of momentum in recent sessions, consistently facing rejection around the $0.2510 resistance level. Technical indicators such as the RSI and MACD
The 4-hour chart of $BNB shows a bearish breakout from a triangular pattern, suggesting a deeper decline in the ongoing downtrend that began on February 14.
Ethereum has faced multiple rejections at its resistance level over the past two weeks, intensifying selling pressure and pushing it towards its support zone in recent
XRP is currently trading at $2.58, registering a 3.56% increase over the past week. In technical analysis, the RSI rebounded from 30, indicating a possible recovery,
Bitcoin remains in a sideways range, with resistance at $100,000 and support at $95,000, indicating consolidation. The RSI stays in neutral territory, showing no clear overbought
With Bitcoin (BTC) hovering around $42,850, the cryptocurrency has faced a challenging phase in recent weeks, characterized by bearish compression.
The price of Ethereum (ETH) has experienced significant movements in these last weeks of the year 2023.
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