![]() ![]() The price of Dogecoin (DOGE) continues to show incredible price action following its breakout from its range of $0.07 to a high of $0.08 after forming a bullish ascending triangle.Īfter a successful breakout to a high of $0.084, the bulls couldn’t sustain this price rally as the price of DOGE dropped from $0.084 to $0.077 as the price held above this region, acting as interest for bulls to open a long position. MACD – Bullish trend Dogecoin (DOGE) Price Analysis as a Top 5 Crypto DOGEUSDT Daily Price Analysis | Tradingviewcom TOMO daily key resistance – $1.6 ( FIB value of 38.2%) ![]() The MACD and RSI for TOMO/USDT on the daily chart suggest a bullish price trend controlled by bulls, and we could see more price actions for TOMO if the price breaks and closes above the key resistance of $1.6. TOMO’s price needs to break above the Fibonacci retracement value (FIB value) of 38.2%, which corresponds to $1.6, which could see the bulls push the price of TOMO/USDT to a high of $2 and possibly to $2.5. The price of TOMO dropped from its yearly high of $2.5 to a low of $1 as the price found good support for bulls as it bounced from this region to a range low of $1.2 as the price struggled to break out of its range price. Tomochain (TOMO) has seen a huge price rally this year since March 2023, as the price rallied from a low of $0.65 to a high of over $2.5 as the price hit over 300% gain in a few weeks. LTC daily (1D) key support – $80-$70 Tomochain (TOMO) Daily Technical Analysis TOMOUSDT Daily Price Chart | Tradingviewcom Moving Average Convergence Divergence (MACD) from the chart suggests a trend change from bearish to bullish is possible ahead of LTC halving, with the RSI value above 50 indicating good buy volume. If the price of LTC recovers the high of $95, bulls could stand a chance against bears as the price could revisit the highs of $100 and even $150. With the price suffering a shock price decline ahead of its halving, Litecoin (LTC) currently trades above its 50-day and 200-day EMA, suggesting a change in trend as bulls could take control of LTC price. The price of LTC had a pre-rally from its support of $70 as bulls pushed the price of LTC/USDT from its $70 to a high of $120, where the price was faced with resistance to breaking higher. The price action from LTC suggests price remains indifferent for bulls and bears ahead of its halving as the price continues in its range movement. ![]() Litecoin (LTC) has remained a key talking point for weeks as one of the top 5 cryptos ahead of its halving scheduled for 3 August 2023. MKR daily key support – $1,000 Daily Litecoin (LTC) Price Analysis LTCUSDT Daily Price Chart Analysis | Tradingviewcom The price of MKR/USDT closing above $1,100 on the weekly timeframe could mean one thing for bulls, which is a more bullish price rally. MKR/USDT price currently sits above the 50-day and 200-day EMA, suggesting bulls control the price and could push the price higher to $1,700.Ī break above the 61.8% FIB value will suggest more upside for MKR as the Relative Strength Index (RSI) for MKR trades above 60, indicating a bullish price rally. The price of MKR broke and formed a strong support of $1,000 above the 38.2% Fibonacci retracement value (38.2% FIB), confirming price could be set for more price rally as MKR/USDT bulls could push price high to a high of $1,700. Maker DAO in the region of $600 formed a price consolidation for over 167 days as bulls pushed the price of MKR/USDT above $800, initiating a possible rally as price broke out with a strong bullish trend confirming the bias. The price of MKR has seen its price struggle to show bullish signs for the past few months as bears dominated MKR/USDT driving the price from a high of $6,200 to a low of $500, where the price bounced to a range of $600. ![]()
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