{"id":163180,"date":"2021-06-11T02:30:38","date_gmt":"2021-06-10T21:00:38","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=163180"},"modified":"2021-06-10T16:00:22","modified_gmt":"2021-06-10T10:30:22","slug":"dogecoin-polkadot-binance-coin-price-analysis-10-june","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/dogecoin-polkadot-binance-coin-price-analysis-10-june\/","title":{"rendered":"Dogecoin, Polkadot, Binance Coin Price Analysis : 10 June"},"content":{"rendered":"

The past 24 hours had been positive in terms of recovery but no coin saw an immediate price boom. Bitcoin rallied up by 9.5% owing to the hype of El Salvador adopting it as legal tender. Yet, most altcoins could not join that bandwagon; Dogecoin, Polkadot, and Binance Coin fell under that category.<\/span><\/p>\n

Dogecoin [DOGE] :-<\/b><\/h3>\n
\"\"<\/a>
Source: DOGE\/USD<\/a> – TradingView<\/figcaption><\/figure>\n

DOGE witnessed a price rise in the last 24 hours. Up by 6.4%, at press time the coin was trading in red at $0.335. The coin was in a bull run until June 4 testing the resistance level ( $0.42 ). Nevertheless, the June 4 & June 7 dips brought DOGE closer to the support level ( $0.285 ).\u00a0 Simple Moving Averages<\/strong> lines – 50 SMA (orange) <\/strong>and 100 SMA (red)<\/strong>, both acted bearish for the coin. This translated to a longer waiting period for the coin to recover from the dips.<\/span><\/p>\n

According to Squeeze Momentum Indicator<\/strong>, squeeze release (white dots) was still active at press time, which explained the coin\u2019s slow recovery. However, at the time of writing, bearish pressure seemed to be receding. <\/span>On Balance Volume<\/strong> had been displaying high buying momentum in the market, gradually slipping towards the 98 billion mark at press time.<\/span><\/p>\n

All indicators point towards a sideways movement within the aforementioned support and resistance level.<\/span><\/p>\n

Polkadot [ DOT ] :-<\/b><\/h3>\n
\"\"<\/a>
Source: DOT\/USD<\/a> – TradingView<\/figcaption><\/figure>\n

DOT consolidated itself within strong support and resistance levels. The market\u2019s recent volatility kept the coin from breaking past $30.2 as well as falling below $18.78.\u00a0Relative Strength Index (RSI)<\/strong> made a strong comeback from the oversold zone as buying pressure brought the indicator back up. At the time of writing, the indicator observed a slight dip above the neutral line.<\/span><\/p>\n

With Bollinger Bands<\/strong> still diverged, their parallel movement did not indicate volatility yet. However, since the candlesticks moved above the basis (red line) the movement further could be positive. Awesome Oscillator<\/strong> also displayed bullish momentum building up in the last 24 hours.<\/span><\/p>\n

These indications are favorable to a price rise. Regardless the coin will keep within its resistance and support.<\/span><\/p>\n

Binance Coin [ BNB ] :-<\/b><\/h3>\n
\"\"<\/a>
Source: BNB\/USD<\/a> – TradingView<\/figcaption><\/figure>\n

Binance Coin performed well at the beginning of the month with the coin moving close to the $435 resistance level. June 4 & 7 brought that to a stop and the coin dropped. BNB is recovering but rather slowly. At press time, the price indicator was at $364, trading in the red. Relative Strength Index (RSI)<\/strong> dipped slightly under the neutral line at the time of writing.<\/span><\/p>\n

MACD<\/strong> on the other hand, displayed a bullish crossover as the indicator line moved over the red signal line. According to the Parabolic SAR<\/strong>, white dotted line\u2019s presence under the candlesticks displayed a rising uptrend. However, it is too early to declare a positive price action moving forward.<\/span><\/p>\n

The active resistance and support levels are pretty strong, and at the moment the price could swing either way. It\u2019s important to watch BNB\u2019s movement.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

The past 24 hours had been positive in terms of recovery but no coin saw an immediate price boom. Bitcoin rallied up by 9.5% owing to the hype of El Salvador adopting it as legal tender. Yet, most altcoins could not join that bandwagon; Dogecoin, Polkadot, and Binance Coin fell under that category. Dogecoin [DOGE]Continue reading “Dogecoin, Polkadot, Binance Coin Price Analysis : 10 June”<\/span><\/a><\/p>\n","protected":false},"author":43,"featured_media":163184,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[31,41,18,66,3,4,20],"tags":[],"class_list":["post-163180","post","type-post","status-publish","format-standard","has-post-thumbnail","category-altcoins-news","category-analysis","category-hide-cryptopanic","category-new-news","category-news","category-social","category-trading-view"],"acf":[],"yoast_head":"\nDogecoin, Polkadot, Binance Coin Price Analysis : 10 June - AMBCrypto<\/title>\n<meta name=\"description\" content=\"Dogecoin, Polkadot, Binance Coin Price Analysis : 10 June - AMBCrypto\" \/>\n<meta name=\"robots\" content=\"index, follow, max-image-preview:large\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ambcrypto.com\/dogecoin-polkadot-binance-coin-price-analysis-10-june\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dogecoin, Polkadot, Binance Coin Price Analysis : 10 June - AMBCrypto\" \/>\n<meta property=\"og:description\" content=\"The past 24 hours had been positive in terms of recovery but no coin saw an immediate price boom. 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