Hidden Dogecoin (DOGE) Cross Happening, Bitcoin's (BTC) Path to $70,000, Ethereum (ETH) to Face Bearish Wedge?
Release: 2024/08/15 08:44 Reading: 382
Dogecoin Faces Potential Death Cross
Dogecoin is approaching a significant technical event: a potential death cross, where the 200-day Exponential Moving Average (EMA) falls below the 100-day EMA.
This pattern, occurring around the $0.12 level, often indicates a shift from bullish to bearish momentum and could lead to a prolonged downtrend.
Crucial levels to watch for Dogecoin:
- Resistance: $0.12 (potential cross point)
- Support: $0.105 (recent floor)
Bitcoin's Path to $70,000
Bitcoin is trading within a channel, with increasing likelihood of a move towards $70,000. However, key resistance levels remain:
- 50-day EMA: Current resistance level
- 100-day EMA: Significant historical resistance
If Bitcoin decisively breaks above these EMAs, it could test the channel's upper boundary and advance towards $70,000.
Ethereum's Bearish Wedge
Ethereum is tracking a bearish wedge formation, which could threaten its bullish momentum:
- Resistance: Upper wedge line
- Support: Potential break down point at $2,600 or $2,500
If Ethereum remains within the wedge and volume declines, a sharp drop could occur.
Traders should monitor the following:
Volume
Price movement within the wedge
A breakout above the wedge's upper resistance with high volume could negate the bearish scenario and continue the uptrend.
Recent news
More>- XRP Price Prediction for Today, November 29 – XRP Technical Analysis 11-29
- Swyftx lead analyst predicts altcoins will remain shaky until BTC hits $100,000 11-29
- Top 3 Meme Coins Under $1 That Could Deliver 10,000x Growth by 2025 11-29
- 5 Best Crypto Presale Coins for 2025 [Updated List for 2025] 11-29
- Ethereum Meme Coin Watch: CatSlap +20%, Pepe +7% as ETH Outperforms Bitcoin 11-29
- Whales Dumping Pepe Coin As Prices Correct, Time To Sell? 11-29
- Binance Launches ‘PayDay’ Global Crypto Shopping Event with $200K Crypto Cashback 11-29
- Ethereum price up 15%—here are the meme coins to watch this altcoin season 11-29
- Dogen (DOGEN): Experts Predict 25,000% Returns – Outshining DOGE and SHIB in 2025! 11-29
Selected Topics
More>>-
- pepecoin Price Analysis
- This topic provides articles related to PepeCoin price, covering key PepeCoin insights and analysis
-
- pepe:meme star
- This topic provides articles related to the most promising meme, PEPECOIN, a project with the potential to become a mainstream digital currency. It has the advantages of decentralization, reliability, ease of use, fast speed, low cost and scalability, and is expected to be more widely used in the future
-
- pepecoin price prediction
- We’ve gathered facts about pepecoin’s success story and provided a pepecoin price prediction
Selected Articles
More>>- 1 Avalanche and Aptos rival raises over $600k in 2 weeks
- 2 Crypto Prices Today: Market Continues Rally With BTC, Pepe Coin, SEI Rising
- 3 Major Analyst Crypto Tony Bullish on These Meme Coins, But One Stands Out
- 4 MTAUR Ready to Crush DOGE and PEPE: 100x Price Growth Incoming?
- 5 Memecoins Surge in 2024, Popcat Leads with 7,621% YTD Gain, Outshining Top Crypto Tokens
- 6 PEPE Meme Coin Smashes ATH – See How Much an $83 Investment in Pepe Coin Last Year is Worth Now
- 7 Top 4 Altcoins At 70% Discounts – Last Chance!
- 8 Dogecoin Creator Proposes DOGE to NBA Legend Scottie Pippen
- 9 Top Analyst Who Predicted Dogecoin (DOGE) Last 170x Rally Forecasts New Parabolic Rise, Here’s His Price Target
- 10 New Solana Memecoin Trump Loves Elon to Rally 15,000% Before Exchange Listing, SHIB and Bonk Crash
ABOUT US
We are building the most influential，trusted information platform for aglobal community engaged in thd transformation of the financial system andthe emerging crypto economy.PEPE is an integrated platform for media,events,data & indices for the next generation fo investing and the future of money.
Get in touch with the PEPE team at admin@pepecoinbuy.com