Ethereum Dogecoin News: Bitcoin, the world’s largest cryptocurrency, is still struggling to recoup all its losses after the fall in mid-April. However, there is a different story for the altcoins of the market. While Ethereum once again led the altcoin rally, the name that attracted attention was again Dogecoin.
Ethereum (ETH) price analysis
Despite short corrections, Ethereum, the world’s largest altcoin, has been in a sharp uptrend for the past 30 days. It is seen that the acceleration has accelerated in the last 10 days and ETH has increased dramatically to reach another ATH.
Last week, altcoin was seen to increase by almost 40%, and the crypto now far surpasses the much anticipated $ 3,000 psychological resistance.
Considering the technical indicators of the cryptocurrency, the scale of the fluctuation mentioned above is clear. The mouth of the Bollinger Bands widens to imply room for more volatility, while the Awesome Oscillator’s histogram shows an increase in market momentum.
It is worth noting that some corrections are now beginning to appear in the price charts.
Dogecoin (DOGE) price analysis
The rise of Dogecoin, one of the leading crypto currencies in the market, in February surprised many in the community. However, these increases cannot be compared with the scale of fluctuations DOGE recorded in April. The rise in April set a record after record.
Touching another ATH today, DOGE has been maintaining its momentum for the last few days.
The question that Elon Musk does not hesitate to introduce is when the crypto money will explode is a question that currently has no answer.
Understandably, DOGE’s indicators are also good. While the dotted signs of the Parabolic SAR were below the price candles, the Relative Strength Index entered the overbought zone. However, it should be underlined that the latter has not yet reached the levels seen in mid-April. There may still be room for further rise.