{"id":150252,"date":"2021-03-28T19:00:09","date_gmt":"2021-03-28T13:30:09","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=150252"},"modified":"2024-01-30T03:04:53","modified_gmt":"2024-01-29T21:34:53","slug":"ethereum-dogecoin-xrp-price-analysis-28-march","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/ethereum-dogecoin-xrp-price-analysis-28-march\/","title":{"rendered":"Ethereum, Dogecoin, XRP Price Analysis: 28 March"},"content":{"rendered":"

Ethereum<\/a> bounced strongly off the $1550 region and could flip the $1700 to demand in the coming hours. XRP displayed neutral momentum in the markets but had strong support at $0.53, while Dogecoin saw buyers step in at $0.049 and could be headed back toward $0.062.<\/p>\n

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

ETH showed signs of buyer dominance in the market. The $1550 area saw a strong bounce, and the $1720 area was tested. ETH then saw a minor dip to $1670 before climbing above the $1700 mark.<\/p>\n

A move above $1730 can be used to enter a long position with a stop-loss of $1680 and a target of $1850.<\/p>\n

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

The confluence between Fibonacci retracement levels for different price moves marked the $0.53 level as an important support level. The shorter-term Fibonacci levels showed XRP had recovered well, and XRP has also climbed past the $0.52-$0.528 area.<\/p>\n

OBV showed that there was a lack of buyers behind XRP; the drop from $0.58 to $0.48 had a greater selling volume than the buying volume that has pushed the price back to $0.55. MACD also showed that recent hours saw momentum grind to a halt.<\/p>\n

This spelled uncertainty for XRP in the short-term. On a longer-term outlook, the recent drop was only a minor setback for XRP bulls, who effected a breakout from a descending channel and had a target of $0.63.<\/p>\n

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

DOGE suffered a near 20% drop over the past two weeks as it fell from $0.062 to $0.049, but saw a strong bounce off the support level to trade at $0.054 at the time of writing. These two levels have remained intact since mid-February when DOGE dropped from $0.085 to consolidate at $0.05.<\/p>\n

At the time of writing, Awesome Oscillator showed a shift in momentum to bullish as the histogram crossed over above the zero line. The Aroon indicator had seen a dominant Aroon down (blue) in recent days, but that has changed as well.<\/p>\n

The trading volume was average at best and did not hint at an imminent major move.<\/p>\n","protected":false},"excerpt":{"rendered":"

Ethereum bounced strongly off the $1550 region and could flip the $1700 to demand in the coming hours. XRP displayed neutral momentum in the markets but had strong support at $0.53, while Dogecoin saw buyers step in at $0.049 and could be headed back toward $0.062. Ethereum [ETH] ETH showed signs of buyer dominance inContinue reading “Ethereum, Dogecoin, XRP Price Analysis: 28 March”<\/span><\/a><\/p>\n","protected":false},"author":31,"featured_media":150293,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[31,41,32,18,66,3,55,4,20],"tags":[],"class_list":["post-150252","post","type-post","status-publish","format-standard","has-post-thumbnail","category-altcoins-news","category-analysis","category-ethereum-news","category-hide-cryptopanic","category-new-news","category-news","category-xrp-ripple-news","category-social","category-trading-view"],"acf":[],"yoast_head":"\nEthereum, Dogecoin, XRP Price Analysis: 28 March - AMBCrypto<\/title>\n<meta name=\"description\" content=\"Ethereum bounced strongly off the $1550 region and could flip the $1700 to demand in the coming hours. 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