Analyst Cheds, Memecoin Dogecoin $0.171549He said he could see significant decreases in value if he loses a significant level of support. According to the analyst’s statements, a correction of approximately 33 %in Doge, while the general correction in the crypto market has effects.
Ethereum and XRP expectations
Cheds, Dogecoin’s current graphic appearance negatively evaluating, technical support areas in the event of breaking the price can go to the range of $ 0.11-0.12, he said. In this respect, there is an expectation that 0.16 dollars are the target price for Doge.
CEDS: “Dogge 0.11-0.12 range is coming. Target 0.16.”
Analyst, who made on -site assessments, said that he supports the decline in the Dogecoin graph with data pointing to the constant supply. Cheds also stressed that the current operation should not be exciting for investors.
Ethereum 
$1,874.82 For the analyst, the smart contract protocol is directed to long -term support level, he said. ETH price decreased from $ 3,400 to $ 1,840 a certain time ago, after which the range of $ 1,200-1.300 should be watched carefully.
Cheds: “ETH can be evaluated from $ 1,840 at values between 1,200-1.300.”
In addition, payment -oriented Altcoin XRP comments, as long as the price remains over 2 dollars, buyers are active in the market, but the risk should be reviewed if the basic levels go below the basic levels. The XRP is currently traded around $ 2.12.
The analyst’s evaluations point to the possible effects of the large -scale correction in the crypto market on the lower assets. The relevant signals offer investors to follow the technical support levels closely.
The volatility in the crypto market shows that investors require investors to reconsider risk management strategies. In these evaluations, the importance of paying attention to specific technical levels in addition to the general course of the market is emphasized.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
