Technical Analysis: Ethereum (ETH), Ethereum Classic (ETC) and Dogecoin Price Forecasts!


Bitcoin he made a new attack on $ 60,000, but failed. The weekly close is hours away and altcoins your eye BTC he stitched it on his chart. Altcoins such as LTO, PERL, ROSE, AVAX are preparing to close the day with serious gains. Ethereum, Ethereum Classic and Dogecoin altcoins, such as, reached their weekly lows on November 18 with a high sell-off. Bulls have not yet been able to eliminate the pressure of selling, and as of Monday, the volatility of the price is expected to increase.

I ethereu (ETH)

ETH, It continued its steady rise within the ascending channel until mid-November. Bringing 61% earnings from September 22 to November 10 ETH, finally within months ATH it touched $4,868, which was its point. Then the wave of decline led by Bitcoin pulled the price back at the level of 20%. Which reached a 21-day low three days ago ETH over $4,000 continues to be resisted. The bulls made the price below $4,000 temporary despite the increasing selling pressure.

At the time of writing, there were 4,361 buyers Ethereum (ETH) if there is no negative in the weekly close, it will target $ 4,500 in the short term. The 4,000 and 4,200 dollars, which are the critical zone, need to be closely monitored.

I ethereu Classic (ETC)

Since October 27 ETC his bulls were struggling to push the price to a ten-week high. Finally, on November 9, this happened with a rise of close to 40%. However, the bulls lost their advantage, as the price has since returned to the falling channel.

On November 18, BTCa three-week low was also observed due to the compulsion of ’ Increased by 7% in the last three days ETC price 51.5 he is trying to break the resistance. However, momentum does not support this intention for now. The volume is weak, and the RSI does not clearly confirm the return. If the resistance test fails, the price may increase its losses from weekly closures.

Dogecoin (DOGE)

THE DOGE, after being reconciled with market trends, recorded a strong rise in October. Which managed to reach an 11-week high on October 28 THE DOGE, it had generated earnings of over 72%. But the voluminous sale of bears is from October 28 to November 18 THE DOGE it caused its price to depreciate by close to 33%. As a result, the lowest figure of the six weeks was seen on November 18.

Currently trading at $0.228 THE DOGE it’s sending recovery signals. Although the RSI indicates a slight rise, momentum is still weak, the price may touch the 0.226 region with the weekly close if it sags below the 0.2 level. For the rise, the 0,24 region needs to turn into support.

Disclaimer Of Liability: The information contained in this article absolutely does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and they should conduct their transactions in accordance with their own research.
You can follow our news on our Telegram channel, Instagram, Facebook, Twitter accounts and Youtube channel.