Ethereum price begins the week in red but support at $1,850 offers bulls refuge.
Dogecoin price fails to hold above $0.2 as losses to $0.1 linger.
Crypto assets are still surmounted by heavy selling pressure, making a recovery a farfetched idea. Ethereum closed in on $2,000 last week, but an uptick in overhead pressure saw the gigantic smart contract token struggle through the weekend.
At the time of writing, Ether trades at $1,982, following support at $1,850. A break above $1,900 could allow buyers to shift the focus above $2,000. Meanwhile, the buyer congestion at $1,850 must remain intact to ensure that all the effort is directed to the impending recovery mission.
The overall technical picture is mainly drab, with sideways trading action likely to take precedence. The Moving Average Convergence Divergence (MACD) and the Relative Strength (RSI) do not have a bearish or a bullish bias. In other words, a consolidation period may come into the picture before Ether makes another signi
Źródło: https://coingape.com/ethereum-dogecoin-price-analysis-july-17-2021/
