{"id":169028,"date":"2021-07-06T01:00:07","date_gmt":"2021-07-05T19:30:07","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=169028"},"modified":"2021-07-05T19:19:26","modified_gmt":"2021-07-05T13:49:26","slug":"dogecoin-matic-theta-price-analysis-05-july","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/dogecoin-matic-theta-price-analysis-05-july\/","title":{"rendered":"Dogecoin, MATIC, THETA Price Analysis: 05 July"},"content":{"rendered":"

The global crypto market cap was at $1.48 Trillion followed by a 2.5% fall over the last day. Several major altcoins fell in valuation over the last 24 hours. DOGE, MATIC and THETA\u2019s market capitalization took a dip by 1.95%, 0.78% and 1.84% respectively.<\/span><\/p>\n

While DOGE\u2019s price stood on the back of a 4% decline over the past day, MATIC\u2019s prices could see a surge as the market was backed by buyers and THETA too registered increased capital inflows on the charts at press time.\u00a0<\/span><\/p>\n

Dogecoin (DOGE)<\/b><\/p>\n

\"Dogecoin,<\/a>
DOGE\/USD<\/a>, TradingView<\/figcaption><\/figure>\n

DOGE<\/a> hadn\u2019t experienced much market volatility since June 24; at the time of writing, the coin was trading at $0.243. On the 4-hour trading chart, DOGE remained suspended above the $0.227 support level over the last week. DOGE depicted constricted price movement, but mostly the coin moved under the bearish influence in the market as evidenced by the <\/span>Average Directional Index <\/b>indicator.\u00a0<\/span><\/p>\n

If the bulls don\u2019t take over, the bears in the market could attempt to push the prices to sink below the $0.227 level in the next trading sessions. It\u2019s plausible to assume that in case the prices break the consolidation phase, the next resistance to look out for would be $0.286.\u00a0<\/span><\/p>\n

Bollinger Bands <\/b>showed a tight squeeze leading to the parallel movement pointing to a steep price action going further. The <\/span>MACD <\/b>indicator showed a bearish crossover on July 5 and the emergence of a bearish signal in the market.\u00a0<\/span><\/p>\n

MATIC <\/b><\/p>\n

\"Dogecoin,<\/a>
MATIC\/USD<\/a>, TradingView<\/figcaption><\/figure>\n

MATIC\u2019s<\/a> price movement remained sandwiched between its immediate support and resistance levels. At the time of writing, the alt was trading for $1.13 and if prices faced further retracement, then the coin would fall back on the $1.03 support level and if prices ascend, they would have MATIC testing the $1.24 level.\u00a0<\/span><\/p>\n

On the 4-hour trading chart, the resurgence of buyers as noted on the indicators can help the coin to see a rise in prices. At press time, the <\/span>Relative Strength Index <\/b>observed a gentle uptick marking an increase in buyers in the market. <\/span>Chaikin Money Flow <\/b>supported the aforementioned statement about more purchases in the market as capital inflows saw a hike at press time.\u00a0<\/span><\/p>\n

Interestingly, <\/span>Average Directional Index <\/b>still pointed below the 20-mark suggesting a constricted price action for the crypto asset.\u00a0<\/span><\/p>\n

THETA <\/b><\/p>\n

\"Dogecoin,<\/a>
THETA\/USD<\/a>, TradingView<\/figcaption><\/figure>\n

THETA\u2019s market cap declined and fell by 1.77% over the last 24 hours and its trading volume increased by 22.11% as noted at press time. The coin was valued at $6.22 at the time of writing and held the 20th rank on CoinMarketCap. The digital asset bounced off the $6 support level at the beginning of this month but it didn’t go too far up, and if prices don\u2019t see a steep action then it\u2019s possible for the alt to fall back under the $6 resistance level.\u00a0<\/span><\/p>\n

Bollinger Bands <\/b>for the asset converged, so a steep price action may be anticipated over the next trading sessions. Buyers in the market found the constricted price movement to be an entry point, as <\/span>Chaikin Money Flow <\/b>registered an increase in capital inflows over outflows at the time of writing.\u00a0<\/span><\/p>\n

A declining bullish momentum was visible as the green signal bars on <\/span>Awesome Oscillator <\/b>became shorter in size, a bearish signal was spotted in between earlier, because of a brief downtrend that THETA<\/a> exhibited over the past few trading sessions.\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

The global crypto market cap was at $1.48 Trillion followed by a 2.5% fall over the last day. Several major altcoins fell in valuation over the last 24 hours. DOGE, MATIC and THETA\u2019s market capitalization took a dip by 1.95%, 0.78% and 1.84% respectively. While DOGE\u2019s price stood on the back of a 4% declineContinue reading “Dogecoin, MATIC, THETA Price Analysis: 05 July”<\/span><\/a><\/p>\n","protected":false},"author":45,"featured_media":169034,"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":[1266],"class_list":["post-169028","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","tag-matic"],"acf":[],"yoast_head":"\nDogecoin, MATIC, THETA Price Analysis: 05 July - AMBCrypto<\/title>\n<meta name=\"description\" content=\"While DOGE\u2019s price stood on the back of a 4% decline over the past day, MATIC\u2019s prices could see a surge as the market was backed by buyers...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-image-preview:large\" \/>\n<link rel=\"canonical\" href=\"http:\/\/ambcrypto.com\/dogecoin-matic-theta-price-analysis-05-july\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dogecoin, MATIC, THETA Price Analysis: 05 July - AMBCrypto\" \/>\n<meta property=\"og:description\" content=\"The global crypto market cap was at $1.48 Trillion followed by a 2.5% fall over the last day. 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