Dogecoin, Polkadot, EOS price analysis roundup

Dogecoin, Polkadot, EOS price analysis roundup
фото показано с : invezz.com

2021-7-2 00:23

All major cryptocurrencies have weakened this Wednesday after several days of winning streak. The price of Dogecoin DOGE/USD, Polkadot DOT/USD, and EOS EOS/USD is also pressured by this situation, and several billions of dollars were wiped out from the market in less than 24 hours.

“The crypto bulls have got to be relieved that Bitcoin did not drop below the bottom end of its range, but the rally has not been enough to give them any signals that it will break out to the upside any time soon,” said Miller Tabak Chief Markets Strategist Matt Maley.

Bitcoin is trading again below the $35,000 level, but analyst Julian Emanuel from research company BTIG said that Bitcoin could jump above $50,000 by the end of the year.

On the other side, JPMorgan Chase expects more downside for the crypto market and lowered its target on Bitcoin to $23000. Investors should consider that the risk of another bigger decline is not over, and it may take a long time for prices to see any more significant recovery.

Dogecoin (DOGE) continues to trade below $0.30 resistance

Dogecoin has weakened from $0.44 to $0.16 in less than thirty days, and the current price stands around $0.25.

Data source: tradingview.com

If the price falls below $0.20 support, it would be a firm “sell” signal, and the next target could be around $0.15. The risk of further declines is probably not over, but if the price jumps above $0.30, we have the open way to $0.35.

Polkadot (DOT) is trading currently very close to the strong support level at $15

Polkadot is currently trading very close to the strong support level at $15, and this could indicate that the price could weaken even more. If the price breaks this support level, it would be a very strong “sell” signal, and the next target could be around $13.

Data source: tradingview.com

Polkadot remains in a bear market, and traders should use “stop-loss” and “take profit” orders when opening their positions because the risk is currently high. On the other side, if the price jumps above $20, that could be a very good opportunity for the short-term traders, and the next target could be around $25.

EOS remains under pressure

EOS has weakened from $14.86 to $3.06 since the 12th of May, and the current price stands around $4.

Data source: tradingview.com

There are some obvious risks when it comes to buying EOS this July, and if the price falls below $3 support, it will probably reach the $2 level soon.

Summary

All major cryptocurrencies have weakened this Wednesday, and this situation also pressures the price of Dogecoin, Polkadot, and EOS. JPMorgan Chase expects more downside for the crypto market, and traders should use “stop-loss” and “take profit” orders when they are opening their positions because the risk remains high.

The post Dogecoin, Polkadot, EOS price analysis roundup appeared first on Invezz.

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EOS (EOS) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0.9581
Капитализация $0 Rank 99999
Цена в час новости $ 3.9964 (-100%)

eos usd polkadot several price dogecoin dollars

Источник: invezz.com

eos usd → Результатов: 126


EOS Price Analysis EOS / USD: Gasping For Air

EOS has a bearish short-term outlook, with the cryptocurrency back under technical selling pressure The four-hour time frame is showing that a downside breakout from a falling wedge pattern is currently underway The daily time frame shows that the EOS / USD pair has turned technically bearish EOS / USD Short-term price analysis EOS has […] The post EOS Price Analysis EOS / USD: Gasping For Air appeared first on Crypto Briefing.

2019-7-24 16:31


EOS Price Analysis EOS / USD: Unstoppable Momentum

EOS has a bullish short-term outlook, with the cryptocurrency advancing to its highest trading level since July 2018 The four-hour time frame shows that the bullish inverted head and shoulders pattern has now reached its upside target The daily time frame shows that a major technical breakout is still underway EOS / USD Short-term price […] The post EOS Price Analysis EOS / USD: Unstoppable Momentum appeared first on Crypto Briefing.

2019-5-28 16:55


EOS Price Analysis EOS / USD: Strong Buying

EOS has a bullish short-term outlook, with the cryptocurrency testing back towards the best levels of the year so far. The four-hour time frame shows that buyers have invalidated a head and shoulders pattern The daily time still shows bullish MACD divergence is present from June 2018 EOS / USD Short-term price analysis EOS has […] The post EOS Price Analysis EOS / USD: Strong Buying appeared first on Crypto Briefing.

2019-5-21 16:59


Прогноз EOS на февраль 2019 года

Привет на новостях криптовалют, с вами Виктор Томилин (время чтения ~ 5 минут) Прогноз курса EOS В статье аналитика и прогнозы от профессиональных трейдеров сервиса tradingview на февраль 2019 года в паре EOS/USD (доллар).

2019-1-30 15:55


Фото:

Биржа криптовалютных деривативов Huobi добавила поддержку Litecoin

Платформа криптовалютных деривативов Huobi DM объявила о начале поддержки Litecoin (LTC) Huobi DM launches #Litecoin (#LTC) contract trading today! Delivery fees: 0. 05% Open/Close Trading fees: 0. 02% (Makers), 0.

2019-1-25 17:58


Прогноз EOS на январь 2019 года

Привет на новостях криптовалют, с вами Виктор Томилин (время чтения ~ 5 минут) В статье аналитика и прогнозы от профессиональных трейдеров сервиса tradingview на январь 2019 года в паре EOS/USD (доллар).

2019-1-22 12:00


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