{"id":136386,"date":"2021-01-14T13:30:43","date_gmt":"2021-01-14T08:00:43","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=136386"},"modified":"2021-01-14T11:45:42","modified_gmt":"2021-01-14T06:15:42","slug":"ethereum-dash-dogecoin-price-analysis-14-january","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/ethereum-dash-dogecoin-price-analysis-14-january\/","title":{"rendered":"Ethereum, Dash, Dogecoin Price Analysis: 14 January"},"content":{"rendered":"

Ethereum<\/a> was trading within a range but the momentum to the downside appears to have abated, and the next few days may see ETH test the local high once more. Dash formed a bearish reversal pattern but an ensuing slide can be halted at imminent levels of support, while Dogecoin fell by 30% and could trade sideways over the next few days.<\/p>\n

Ethereum [ETH]<\/h4>\n
\"Ethereum,<\/a>
Source: ETH\/USD<\/a> on TradingView<\/figcaption><\/figure>\n

Despite the intense wave of selling pressure on Jan 10th, things were looking quite bullish for ETH on the charts in the long-term. The highs made before the drop saw a range established between support at $975 and resistance at $1290.<\/p>\n

The recent local high was followed by a sweep of the range lows as the price briefly dipped past the 38.2% Fibonacci retracement level. Since then, the price has recovered somewhat and was trading beneath the mid-point of the range, which is at $1122.<\/p>\n

The 4-hour RSI was back at the neutral 50, and it can be expected that ETH sees a move above $1120, retesting the level as support, and moves upward to test resistance at $1290 in the coming days.<\/p>\n

Dash [DASH]<\/h4>\n
\"Ethereum,<\/a>
Source: DASH\/USDT<\/a> on TradingView<\/figcaption><\/figure>\n

DASH formed a rising wedge pattern (orange) and closed beneath the pattern, a development that could see it slide toward support at $116, or halt at $124.<\/p>\n

In either scenario, the trend for DASH remains strongly bullish, as indicated by the Directional Movement Index. The ADX and the +DMI (yellow and blue respectively) were above 20, to denote the strength in the uptrend.<\/p>\n

Trading volume has fallen after the recent surge for DASH, and it could be that DASH enters a period of reduced trading volume to consolidate its recent gains.<\/p>\n

Dogecoin [DOGE]<\/h4>\n
\"Ethereum,<\/a>
Source: DOGE\/USDT<\/a> on TradingView<\/figcaption><\/figure>\n

The MACD indicated bearish momentum behind DOGE as it retraced some more gains to touch the 150% extension level at $0.0074, after posting a local high at $0.0145 nearly two weeks ago.<\/p>\n

The subdued trading volume continued and DOGE can be expected to gradually slide or trade sideways for many more days to come as bulls gather steam for the next surge.<\/p>\n

A steep fall for DOGE would coincide with a drop for ETH and BTC, but the market leaders recently saw a correction and DOGE also shed 30%, which is a healthy development for the coin in the long-term.<\/p>\n","protected":false},"excerpt":{"rendered":"

Ethereum was trading within a range but the momentum to the downside appears to have abated, and the next few days may see ETH test the local high once more. Dash formed a bearish reversal pattern but an ensuing slide can be halted at imminent levels of support, while Dogecoin fell by 30% and couldContinue reading “Ethereum, Dash, Dogecoin Price Analysis: 14 January”<\/span><\/a><\/p>\n","protected":false},"author":31,"featured_media":136392,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[31,41,32,44,18,3,4,20],"tags":[],"class_list":["post-136386","post","type-post","status-publish","format-standard","has-post-thumbnail","category-altcoins-news","category-analysis","category-ethereum-news","category-global-news","category-hide-cryptopanic","category-news","category-social","category-trading-view"],"acf":[],"yoast_head":"\nEthereum, Dash, Dogecoin Price Analysis: 14 January - AMBCrypto<\/title>\n<meta name=\"description\" content=\"Ethereum was trading within a range but the momentum to the downside appears to have abated, and the next few days can see ETH test the range high once more.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-image-preview:large\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ambcrypto.com\/ethereum-dash-dogecoin-price-analysis-14-january\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ethereum, Dash, Dogecoin Price Analysis: 14 January - 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