Analiza prețului Polkadot, EOS, Dogecoin: 22 august

As Bitcoin and Ethereum reversed, some altcoins took cue from the same, moving southward. DOT declined 4.9% and threatened to trade closer to $26.74 support line, EOS despite a drop in prices exhibited signs of a reversal. Finally, Dogecoin fell below its $0.321 resistance mark, as it declined by 2.7%. 

Buline (DOT)

DOT / USD, TradingView

DOT depreciated by 4.9% and was trading at $28. Its immediate support level lay at $26.74. With continued southbound movement, the alt could rest on $26.74 and $23.31. Further, it showed signs of consolidation between $28.94 and $26.74. 

DOTs technical indicators also pointed to mixed trading signals. Minunat Oscilator registered red signal bars, which implied chances of a downtrend. 

In contrast to the same, though the Index Putere relativă fell from the overbought zone, it still remained above the half-line, within the bullish territory.

Capital inflows shot up as reflected on the Fluxul de bani Chaikin indicator. If DOT were to break into the upside, it could attempt to test the $28.94 resistance line twice within a week. 

EOS

EOS / USD, TradingView

EOS toppled over its $5.36 resistance mark just a couple of days back. Despite that the alt had depreciated on its chart by 3.5%. It was trading for $5.48 at press time.  

Although it noted a drop in prices, indicators for EOS remained positive. Minunat Oscilator noted green signal bars which suggested that EOS could move upwards over the next trading sessions.

Index Putere relativă was spotted near the 60-mark and inside the bullish territory. If the aforementioned movement holds true, EOS could attempt to retest the $5.87 resistance mark. 

Benzile Bollinger converged which signified market volatility could remain low. If the alt fails to move up on the charts, it could find support on $4.77 and $4.24 respectively. 

Dogecoin (DOGE)

DOGE / USD, TradingView

Dogecoin lost 2.7% over the last 24 hours and was priced at $0.320. It had just fallen below the $0.321 resistance line, while moving closer to the $0.273 support line.

The four-hour chart of Dogecoin displayed bearish price movement. Minunat Oscilator flashed red bars, substantiating the bearish outlook.

Parabolic SAR also noted dotted lines above the candlestick, which implied a downtrend in prices for the alt. Benzile Bollinger narrowed and indicated that price volatility could see a decline over the next trading sessions. 

Pe de altă parte, dacă dogecoin experiences strengthened buying pressure, prices could aim for $0.347 again, for the second time this month.

Source: https://ambcrypto.com/polkadot-eos-dogecoin-price-analysis-22-august/