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September 25, 2020
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Guide & Analysis

Price analysis: Ethereum, DASH, Dogecoin

Performance analysis Ethereum, Dash and Dogecoin.

This analysis provides an overview of how Ethereum (ETH), Dash and Dogecoin have been doing and how they will behave from now on.

Recently, the price of Bitcoin came up against the crucial $ 9,500 support that led the collective cryptocurrency market to a slight increase. Crypto market value rose to $ 269.5 billion, while Bitcoin’s dominance was 65.2%. After that, many altcoins were observed showing significant strength.

Ethereum

Price analysis: Ethereum, DASH, Dogecoin 25

Despite delays and missed deadlines, users and investors were optimistic about the launch of Ethereum 2.0. This was evident in the rapid growth in address metrics.

So far, the second largest cryptocurrency was trading at $ 237.8, after a small increase of 0.19% in the last 24 hours. ETH recorded a market value of US $ 26.44 billion and a 24-hour trading volume of US $ 13.6 billion.

Resistance: $ 286.2

Support: uS $ 186.6

Parabolic SAR: the dotted markers were below the price of candles, which showed an upward trend for the currency.

Awesome Oscillator: The AO also aligned itself with the bulls that represent the entry of capital into the currency market.

Dash

Price analysis: Ethereum, DASH, Dogecoin 26

DASH has been attracting big names in the esports industry. On the price side, the token recorded a market value of $ 734.4 million and a 24-hour trading volume of $ 633.5 million at the time of writing. After a small decline of 0.57%, the currency’s value stood at $ 77.1.

Resistance: $ 96.8

Support: $ 44.6

MACD: The MACD line was above the signal line, representing an upward trend in the short term.

Chaikin Money Flow: The CMF was in bull territory.

Dogecoin

Price analysis: Ethereum, DASH, Dogecoin 27

Dogecoin, the most popular digital currency of memes, has no developments at the moment and has nevertheless won hearts [até de Elon Musk] mainly because it presents the dog Shiba Inu as its logo. So far, DOGE was trading at $ 0.0025, after an increase of 0.38%. The token’s market value was $ 323.3 million, while its 24-hour trading volume was $ 196 million.

Resistance: $ 0.0032

Support: $ 0.0018

Klinger oscillator: The KO was hovering above the signal line, indicating an upward trend.

RSI: The RSI was above the 50 median line, suggesting a sense of buying pressure among investors in the currency market.

Source: ambcrypto

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