{"id":181453,"date":"2021-09-03T22:30:23","date_gmt":"2021-09-03T17:00:23","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=181453"},"modified":"2021-09-03T17:50:26","modified_gmt":"2021-09-03T12:20:26","slug":"polkadot-aave-dogecoin-price-analysis-03-september","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/polkadot-aave-dogecoin-price-analysis-03-september\/","title":{"rendered":"Polkadot, AAVE, Dogecoin Price Analysis: 03 September"},"content":{"rendered":"

Altcoins such as AAVE and DOGE fell significantly over the last 24 hours. AAVE lost 3.4% of its value, steering away from its immediate support zone of $375.40. Dogecoin, after falling by 2.7%, was priced slightly below its one-week high. <\/span><\/p>\n

Polkadot, conversely, logged gains of 3.9% and revisited its multi-month high. <\/span><\/p>\n

Polkadot [DOT]<\/b><\/p>\n

\"Polkadot,<\/a>
DOT\/USD<\/a>, TradingView<\/figcaption><\/figure>\n

DOT rose by 3.9% over the last 24 hours and was trading at $32.99. The aforementioned price level was also a multi-month high for the altcoin. The overhead resistance lay at $33.37 and then, at $34.77. Polkadot<\/a> has maintained a consistent uptrend since 30 August as it recovered by almost 40%.\u00a0<\/span><\/p>\n

Technicals displayed mixed signals. Relative Strength Index was beyond 60 in bullish territory. Conversely, the MACD\u2019s green histograms receded and a red histogram was visible, signaling bearish price action. Awesome Oscillator corresponded by flashing red signal bars.\u00a0<\/span><\/p>\n

A correction in the price could push DOT to trade near $28.94 and then to $25.22.\u00a0<\/span><\/p>\n

In what is a recent development, Cream Finance, a DeFi project, will soon introduce borrowing and lending services on Moonbean. It happens to be a smart contract operating on the Polkadot platform.<\/p>\n

AAVE <\/b><\/p>\n

\"Polkadot,<\/a>
AAVE\/USD<\/a>, TradingView<\/figcaption><\/figure>\n

AAVE<\/a> recorded losses of 3.4% over the last 24 hours and was priced at $404.83. A sustained downtrend could drag the altcoin down to $375.40 and then, to $338.25. The altcoin last traded near this price level almost a month back.\u00a0<\/span><\/p>\n

Buying strength revived as the Relative Strength Index noted an uptick and stood around 60. Chaikin Money Flow also accounted for greater capital inflows.\u00a0<\/span><\/p>\n

On the MACD, red histograms were visible. Worth noting, however, that they had receded over the last few trading sessions.\u00a0<\/span><\/p>\n

A reversal in price action would mean AAVE attempting to revisit the $414.15 price level, toppling which it could retest its multi-month high of $441.27.\u00a0<\/span><\/p>\n

AAVE was recently mentioned as one of the leading Ethereum DeFi Projects joining with Celo for People Collaboration.<\/p>\n

Dogecoin [DOGE]<\/b><\/p>\n

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

DOGE has declined by 2.7% since yesterday, bringing the price down to $0.299. The press time price level stood a few notches below its weekly high price of $0.308. A dip from its level now would push DOGE towards the $0.273 support line and then to $0.240. DOGE last traded at $0.240 level almost four weeks back.\u00a0<\/span><\/p>\n

Parameters projected bullishness in the market. Buying strength picked up and the Relative Strength Index approached the 60-mark. Chaikin Money Flow also remained above the half-line, indicating positive capital inflows.\u00a0<\/span><\/p>\n

Bollinger Bands opened up and pointed to a hike in market volatility over the next few trading sessions.\u00a0<\/span><\/p>\n

A positive correction would push DOGE<\/a> to attempt to retest $0.314 and then revisit its multi-month high of $0.347.<\/span><\/p>\n

Dogecoin’s latest update includes the meme coin’s fraction-ownership. Owners of the Doge meme non-fungible token (NFT) can now be fractionalizing ownership in the form of $DOG tokens.<\/p>\n","protected":false},"excerpt":{"rendered":"

Altcoins such as AAVE and DOGE fell significantly over the last 24 hours. AAVE lost 3.4% of its value, steering away from its immediate support zone of $375.40. Dogecoin, after falling by 2.7%, was priced slightly below its one-week high. Polkadot, conversely, logged gains of 3.9% and revisited its multi-month high. Polkadot [DOT] DOT roseContinue reading “Polkadot, AAVE, Dogecoin Price Analysis: 03 September”<\/span><\/a><\/p>\n","protected":false},"author":45,"featured_media":181457,"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-181453","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":"\nPolkadot, AAVE, Dogecoin Price Analysis: 03 September - AMBCrypto<\/title>\n<meta name=\"description\" content=\"Dogecoin, after falling by 2.7%, was priced slightly below its one-week high. 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