The crypto market has fallen into a bear mode since the past few days. dogecoin trend analysis is affected by this bearish trend. But the good thing is that the bearish trend is expected to be short-lived. In this article, we will do the dogecoin price analysis and Basic Attention Token (BAT). These two coins were also affected by the bearish trend but the bearish trend is going to come to an end soon and both the coins will soon gain a bullish trend.
dogecoin price analysis (DOGE)
As of writing, this article dogecoin price usd was trading at $0.0030 against the United States Dollar (USD). The market cap of the coin was $359,671,718 United States Dollar (USD) and the 24 hours trading volume of the coin was $456,454,793 United States Dollar (USD). The price of Dogecoin (DOGE) was low at the beginning of April. After a few days, the price rose but again the price of the coin started falling down. The breakout of the coin began above its 100 hours moving average. The coin moved in its bearish trend from the 100 hours moving the average to the 200 hours moving average. The coin is still expected to rise after this breakout.
PRICE ANALYSIS OF Basic Attention Token (BAT)
Basic Attention Token (BAT) also faced the same fate as the Dogecoin (DOGE). The coin broke resistance on April 16 after which is rose continually till April 20. The coin then started falling after April 20. After the 20th of May, the coin has started recovering and some bullish trend can be expected. As of writing this article, Basic Attention Token (BAT) was trading at $0.3664 against the United States Dollar (USD). The market cap of the coin was $462,956,457 United States Dollar (USD) and the 24 hours trading volume of the coin was $63,890,351 United States Dollar.
Both the coin has broken the continuous fall and has started moving towards a high and some good news can be heard soon from both Basic Attention Token (BAT) and Dogecoin (DOGE)