is finally here despite being purely speculative and most likely short term. Some positivity could be a sign of a potentially stronger recovery in the future.Rumors are strong fuel, especially for the cryptocurrency market and projects related to it. Thanks to rumors, DOGE was able to bring triple-digit returns to its early investors.
In the past eight days, DOGE gained 40% to its value while losing more than 50% of its value from the local top reached back in the beginning of November. Such behavior on the market is highly unusual, which is why making any prediction becomes extremely complicated.In the upcoming days, a bullish cross between the 50- and 200-day moving averages is expected. The signal might become a catalyst for the acceleration of the rally.
However, the breakthrough above the 21-day moving average is the first sign of an upcoming reversal that ETH desperately needs. Due to the lack of network activity, Ether's price has been tanking for almost a month now.
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Fonte: TheBlock__ - 🏆 464. / 53 Consulte Mais informação »