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Dogecoin, Ethereum & Cardano – European Wrap 04 January [Video]


Dogecoin price has been stuck trading below a vital resistance level and hovering around a crucial support floor. While a breakdown of this foothold could result in a massive downswing, DOGE has not done it yet. As of this writing, the meme coin eyes a minor upswing.

DOGE/USDT 4-hour chart

 

Ethereum price has been stuck trading between two crucial levels for more than three weeks. The recent downswing has brought it close to a vital support barrier, a breakdown of which could catalyze further crashes for ETH.ETH/USDT 1-day chartETH/USDT 1-day chart

 

Cardano price, like Solana, has set up a bottom reversal pattern, indicating a trend change is likely. A bounce off the immediate support floor will kick-start the bullish outlook for ADA and propel it to retest a crucial resistance barrier.

ADA/USDT 4-hour chart

ADA/USDT 4-hour chart

 



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