Dogecoin, Monero, ETC Price Analysis – March 29, 2022

Dogecoin displayed bullishness on the short-term technicals after Bitcoin overturned the 4hr 20EMA from resistance to immediate support.

The meme token and Monero witnessed a climbing wedge on 4hr charts. Moreover, Ethereum Classic affirmed upside as it moved near the liquidity range.

Dogecoin (DOGE)

The original meme coin recovered within converging lines on the 4hr chart after losing $0.16 to hit $0.11.

Dogecoin witnessed an approximately 32.8% ROI over the past two weeks while reclaiming the crucial support level of $0.14.

The latest upsurge pushed Dogecoin beyond the 20-50-200 exponential moving average amid increased bullish activity. Now, $0.15 long-term trend-line resistance remains sturdy.

Dogecoin traded around $0.146 at this writing. The Relative Strength index still tests the overbought level while keeping the support at the 54-level.

Meanwhile, Dogecoin reversing from $0.15 will confirm a pessimistic divergence with RSI.

The MACD witnessed a bearish cross while the histogram dropped beneath the zero-line. Such development might trigger a drop in the 20EMA support.

Ethereum Classic (ETC)

Ethereum Classic lost over 70% since its September peaks to hit 9-month lows on January 22. However, the alternative token has registered a 91.9% recovery over the past fourteen days.

That way, ETC touched a 4-month peak on March 29. The altcoin climbed towards the Point of Control after breaking past $37.

ETC traded near $48.05 at this writing. The optimistic RSI plunged within a declining wedge. However, the bulls kept the midline footing. That had the indicator in a patterned breakout, targeting the 60-level.

Monero (XMR)

XMR attracted bearishness after the alt struggled to flip the $296 resistance. That had the crypto on continued falls, violating vital price zones to lose over half of value since November peaks.

Nevertheless, XMR recovered almost 70% since the February 24 low, exploring its sturdy resistance of $22. Meanwhile, Monero had a climbing wedge on the 4hr chart.

While writing these lines, XMR traded around $220.359. The Relative Strength Index extended its gradual climb, moving near the overbought region. A reversal from this level shouldn’t surprise enthusiasts.

Moreover, the Squeeze Momentum Indicator (SMI) displayed grey dots, confirming massive volatility in the short term.