Solana (Sol) DEHE CROSS, Dogecoin (Doge) strikes the last possible support, ETHEREUM (ETH) bye to $ 2000
As Solana approaches a potential formation of death, he is currently exposed to severe pressure. This technical indicator usually indicates a long declining movement, when the short -term moving average (such as MA 50 days) crosses without the long -term moving average (MA 200 days).
The Solana market structure has increased to the worst result of the last collapse to less than a large support level. The sign of $ 150, which was a strong support in the past, was not preserved by the original. The price is currently being traded at about $ 124 as a result of this failure, indicating continuous sale pressure. Sol may decrease beyond that if the death cross is realized and a new wave of filter begins.
Solana appears to be stuck in a long -down direction based on price movement. The short -term moving averages contribute to the declining direction in the declining direction. Moreover, the main trend index that often appears weak in the market morale, which is the moving average for 200 days, in the settlement.
Sol may continue to decrease towards a sign of $ 110 if it cannot restore stability above broken support. $ 100 is still a re -test possible below. However, there is an opportunity to recover a summary if the bulls can maintain the current price range and raise Sol more than $ 150.
Dogecoin has another opportunity
The fixed landmark is what is happening on the DOGECOIN price scheme, and the original has now reached the last level of support for about $ 0.14. This is the final for three decisive support levels that have been found in its latest price movement; The collapse below may lead to more problems for Doug holders.
DOGE clearly decreased over the past few months, and no support level has been able to maintain a large purchase momentum. After a bounce at the beginning of about $ 0.22, the price fell towards the next important support at $ 0.18 because it was unable to maintain this position.
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Unfortunately, the declining direction continued, prompting Dog to a decrease until it reaches the final decisive level at $ 0.14. The scary death cross is now waving, which only increases fears. The death cross occurs when a long -term average is crossed like MA for 200 days less than one in the short term like MA for 50 days.
This technical indicator often follows the increase in sale pressure and is generally considered a downward signal. The next possible landing spot is much lower, perhaps in the 0.10 dollar-0.12 dollar range, if DOGE collapses to less than $ 0.14. The absence of fans in motivations and general weakness in the Mimi currency industry contributed to the difficulties of Dukwin from the point of view of market morale. Dog is now vulnerable to additional decreases due to the current lack of speculative enthusiasm, unlike previous sessions when the noise -dependent gatherings helped maintain price stability.
Ethereum loses it
ETHEREUM refers to the low support level of $ 2000, that the market conditions of the second largest encrypted currency are worse. The fact that the low price of ETH coincided with a rise in trading volume supports the idea that the declining trend will continue.
Ethereum has gradually lost on Earth over the past few weeks, which finds it difficult to maintain any big rising boost. The recent decline of less than $ 2000 has paved the way for a more severe correction, because the original was unable to maintain important averages. Ethereum seems to be trapped in a strong declining direction, as the average mobility is downward in the short term and makes it difficult for the bulls to restore control.
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The last decrease in Ethereum was accompanied by a significant increase in trading volume, which contributed to the declining feeling. Size spaces usually indicate a high level of the condemnation of the participants in the market, in which case, the intense pressure on the sale side indicates that ETH may see additional movement before the settlement. Nails often lead the size during the declining direction to long downward periods, as sellers who seek to sell their sites have more liquidity.
ETHEREUM is currently in risk mode when considering potential support levels. ETH may decrease about $ 1500 if it cannot maintain a brand of $ 1,800, which is the following important support area. With the way the market is currently being prepared, it is likely that any attempt to recover strong opposition near the support of $ 2000, which has turned into resistance.
Ethereum technical composition indicates that more losses may be coming unless a strong catalyst changes the feeling. With the collapse of high size and support levels, the ETH may last with its short -term downward direction.
