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Price Analysis

Price Analysis-DOGE & LINK Price Surge, As DOT price Trembles!

The weekend was much fruitful for the entire crypto space and especially for the low cap gems, that rallied very high. Many assets multiplied their market cap and entered the top 15 cryptocurrency ranking list. Among them are DOGE price and Chainlink price that continue to consolidate whereas Polkadot price is still awaiting a bigger push to flip the bearish divergence.

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Dogecoin (DOGE) Price Consolidates!

Dogecoin price which managed to gain the traction with immense and historical spike of more than 800%, is currently showcasing a steady approach. The price also manifested the possibility of breaking the ATH around $0.8 recently, but failed.

At the time of writing, the DOGE price is $0.05815 with a jump of 1.87% in the past 24 hours. The losing attention from the crypto space towards the asset, drags the Dogecoins position to 20th which may also be lost soon. 

Technical Specifications

  • The resistance levels are at $0.0599 initially and later at $0.071
  • The support levels are at $0.053
  • The indicators point out towards a strong buy signal

The Chainlink price that forms numerous ATH in a short span of time, is currently on the verge of forming a ‘W-shaped’ pattern. And the price is currently trading at the neckline of the pattern and hence a breakout may lead the price to new highs. 

At the time of writing, the LINK price is $31.35 with a jump of 1.22% in the past 24 hours after rallying 10.52% in the past week. With the recent dumps, Chainlink has made an exit from the top 10 cryptocurrency list according to the market cap.

Technical Specifications

  • The resistance levels are at $33
  • The support levels are at $29.52
  • The indicators point out at a strong buy

Polkadot (DOT) Price Plunges Notably

Polkadot price registered highs in the beginning of the current month and dipped miserably, yet sustained above $40. Since then the price is consolidating and awaiting for a major boost to propel the price high.

At the time of writing, the DOT price is $43.66 with a drop of 1.35% after rallying hard about 29.15% in the past week. Yet, the asset still remains within the top 5 cryptocurrency rankings despite the plunge.

Technical Specifications

  • The resistance levels are at $44 and later at $46.8
  • The support levels are at $42.1
  • The indicator points out at a buy signal

The market capitalization of the entire crypto space is on the verge of smashing yet another milestone of $2 trillion. And hence Dogecoin price, chainlink price and polkadot price are expected to surge high in coming days.

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Delma Wilson

Delma is a B2B Content Marketer, Consultant, Blogger in the field of Blockchain, and Cryptocurrency. In her spare time, she loves to blog, play badminton and watch out ted talks. She likes pets and shares her free time with NGO.

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