Dogecoin, Bitcoin Cash, Ethereum Classic Price Analysis: 23 October
As Bitcoin hit the $60,000-mark, the cryptocurrency market mostly flashed signs of correction. While altcoins like Ethereum Classic agreed with the overall market correction and flashed bearish signals, Dogecoin and Bitcoin Cash showed a bullish preference.
TradingView, DOGE/USD
DOGE declined by 0.28% over the last day and traded at $0.2473. The altcoin flashed signs of consolidation after barely breaching its resistance that stood at $0.2719. After Elon Musk’s reference to Dogecoin in response to a tweet about becoming a trillionaire, the DOGE bulls were keen on sustaining their pressure.
The Relative Strength Index stood above the half-line after a surge over the last day, depicting a significant decrease in selling pressure. Also, MACD div
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