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Cardano, Solana and Dogecoin prices fall, market turns bearish

Cardano, Solana and Dogecoin prices fall, market turns bearish

Bitget2024/04/06 23:38

The prices of Cardano, Solana, and Dogecoin have recently fallen. The price of Cardano is now $0.5686 after recent adjustments, lower than the 21-day Exponential Moving Average (EMA) of $0.6576. However, there is still hope for Cardano to find support at $0.52. The current price of Solana is $171.49, far below its previously set target of $200. If Solana cannot find support and rebound at the 50-day EMA of $159.40, it may enter a bearish phase. The price of Dogecoin has dropped by 20% from $0.22 to $0.17, which is lower than the 50-day EMA of $0.1489 . If Dogecoin hopes to resume growth, it needs to recover above$0 .1489 and remain stable.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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