More On: polkadot
Price Prediction: XRP, Dogecoin, and Polkadot prices 10 April
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Polka Dot, Cosmos, and Gala Analysis on the 10th of March prices
Polkadot unable to hold above critical support, bulls concerned as DOT could fall 10%
However, Dogecoin was above its near-term EMAs. On the other hand, But its bulls had to make sure the RSI was in balance for it to keep going up in the next few days.
Despite the rise in optimism over the last month, the buyers could not keep the general mood in the "neutral/greed" zone. Thus, XRP and Polkadot's 4-hour technicals continued to show that they were going down. A death cross was shown on the EMA for both. The first had a CMF that was still hopeful.
Doge coin
It took DOGE a long time to get back to its long-term base of $0.11, but it did so slowly and consistently on its 4-hour chart. Over the last month, the alt gained almost 38.5% in value while regaining the important support of $0.14.
After DOGE rose, the bulls were trying to get an edge. For the bulls right now, the next big thing to get over was the $0.15 level for the price.
As of right now, DOGE was worth about $0.1483. For the last few days, the RSI was below the midline. Finally, it came to a close above the 50-point mark. It could happen if this level falls below this one. As the AO moved closer to its immediate support, the bulls have made sure that the market will come back from this level.
Polkadot(DOT)
When the alt lost more than 74.5 percent of its value from its ATH, it fell to its seven-month low on 24 February.
If you look at the chart, you can see that the alt crossed the $23 mark while the bullish trendline support (now resistance) (white, dashed lines) held. This rally didn't seem to be able to get anywhere near its point of control (POC, red). As a result, the bulls lost their advantage, and the DOT saw an expected rising wedge break down. As a result, the 20 EMA fell below the 50/200 EMA, which confirmed that the bears were still strong.
At the time, DOT was worth $19.71. RSI's recovery from the oversold mark came to a halt at the 40-mark resistance. This means that the sellers now have more power in this situation than in the past. Even though the +DI isn't looking north, DOT could be looking at more bearish moves in the near future, as well
XRP
Since XRP fell to a six-month low on January 22, the bulls stepped in to protect the $0.56-base.
As a result, XRP turned the EMA ribbons to the bullish side and tried to reach the $0.9 level. However, soon after, the bears quickly broke down a rising wedge and XRP fell below all of its EMA ribbons. It also lost the Point of Control (POC) because the sellers started to sell more.
This is what XRP was worth at the time. It was worth $0.7642. The CMF showed that it had a buying advantage because it was able to stay above the zero line. It also showed that the price had a hidden bullish divergence and confirmed that more people were investing in the crypto.
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