DOGE, ADA מאַך צו מולטי-וואָך כייז אויף מיטוואך - מאַרק דערהייַנטיקונגען ביטקאָין נייַעס

Dogecoin rose by over 10% in today’s session, as the meme coin closed in on its highest point in almost one month. The token was higher for an eighth consecutive session, while cardano was also in the green, rising for a ninth straight day.

Dogecoin (DOGE)

Dogecoin (DOGE) was a notable mover on Wednesday, as the meme coin rallied by over 10% in today’s session.

The meme coin was one of today’s big gainers, as prices rose to an intraday peak of $0.07657.

This surge saw DOGE/USD hit its highest point since June 27, and near a long-term resistance point in the process.

As seen from the chart, this ceiling appears to be at the $0.07900 level, which has been in place for the last six weeks.

Although bulls will be looking to overcome this hurdle, price strength seems to have encountered an obstacle of its own.

This lay in the form of the 61.50 level on the 14-day Relative Strength Index (RSI), which hasn’t been broken since late April.

קאַרדאַנאָ (אַדאַ)

Wednesday saw cardano (אַדאַ) extend its recent streak, with prices climbing for a ninth consecutive day.

נאָך אַ נידעריק פון $0.4812 בעשאַס נעכטן סעסיע, אַדאַ/USD raced to a high of $0.546 earlier in the day.

The move resulted in the token hitting its highest level since June 11, when prices were sliding down from $0.6500.

This surge has seen the world’s seventh-largest cryptocurrency blow past a previous ceiling at $0.5000, and it now looks set to hit another.

Should the surge continue, this new ceiling will be at the $0.5720 mark, which is an area where historical bearish pressure seems to reside.

In order to move onward towards this mark, אַדאַ will first need to see price strength climb above 61 on the RSI indicator.

פאַרשרייַבן דיין E- בריוו דאָ צו באַקומען וויקלי דערהייַנטיקונגען פון פּרייַז אַנאַליסיס געשיקט צו דיין ינבאָקס:

Will bears begin to reenter cardano should this ceiling fail to break? Let us know your thoughts in the comments.

אלימאן דאמבעל

עלימאַן ברענגט אַ יקלעקטיק פונט פון מיינונג צו מאַרק אַנאַליסיס, ווייל געארבעט ווי אַ בראָוקערידזש דירעקטאָר, רעטאַיל טריידינג עדזשאַקייטער און מאַרק קאָמענטאַטאָר אין קריפּטאָ, סטאַקס און פקס.