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Ethereum, Dogecoin, FTX Token Price Analysis: Aug 29

Bitcoin and Ethereum slightly reversed their gains over the past 24 hours. The same pattern was reflected for the movement of most altcoins. Dogecoin fell 2.2% and prepared to approach its low price of $ 0.273. FTX Token started trading below its $ 49.24 support level due to the 2% drop since yesterday.

Ethereum (ETH)

Ethereum was down 0.9% and was trading at $ 3,208.36. The alt king was trading just below the $ 3,235.61 support level and a drop from the current price level would push prices down to the $ 3,083 floor.

The purchasing force fell as Relative Strength Index It was slightly below the 50 mark. MACDThe green bars of the histogram were retreating during the last trading sessions.

Finally, Awesome oscillator you noticed small red signal bars indicating a weakening from the recent recovery. If ETH reverses its prices, the first resistance was $ 3,235.61 and then $ 3,350.87 respectively.

Dogecoin (DOGE)

Ethereum, Dogecoin and FTX Token Price Analysis: Aug 29

DOGE / USD, TradingView

Dogecoin is down 2.2% in the last 24 hours and was priced at $ 0.281. The token observed its immediate support level of $ 0.273 and with a continued downward movement, the coin could rest at $ 0.240. According to the indicators, the bullish force had disappeared from the market.

Profit taking dragged Relative Strength Index below the midline. Green bars on the MACD The histogram decreased during the last trading sessions.

Bollinger Bands It was targeting restricted and range-limited movement with adjusting the bands. The expected range within which to trade was between $ 0.300 and $ 0.273. On the other hand, if DUX rallies, it would witness resistance at $ 0.320 and then $ 0.347.


Ethereum, Dogecoin and FTX Token Price Analysis: Aug 29

FTT / USD, TradingView

FTT was trading at $ 47.81 after falling 2% in the last day. The coin broke below the $ 49.24 support line just 24 hours ago. In the event of a downside momentum, additional support lines were located at $ 43.72 and $ 34.18. FTT’s bullish momentum appeared to have come to a halt as reflected in the benchmarks.

The buying force fell, like Relative Strength Index It fell below the 50 mark. MACD Smaller green bars flashed on the histogram as the bullish force receded during the last few trading sessions.

Instead, Chaikin money flow it remained above the midline, within bullish territory, as capital inflows outweighed outflows. If FTT manages to break above the $ 49.24 resistance mark and trade above it for more than a few sessions, it could retest the $ 53.41 high.

This is a machine translation of our English version.

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Tammy Sewell is our Writer and Social at OICanadian.com. Tammy loves sports, she writes our celebrities news. She spends time browsing through several celebs news sources as well the Instagram. Email: [email protected] Phone: +1 513-209-1700

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