Bitcoin, Cardano and Dogecoin – European Wrap September 28th

Bitcoin price is experiencing a momentary downturn as it builds a falling wedge pattern. Similar to the big crypto, the Ethereum price also forms a bullish pattern. However, Ripple appears to be bouncing off a support floor with no technical formations involved.

Cardano price is in a suspended state following its recent break out of the bullish pattern. If ADA finds a launch pad, there is a high chance that a new uptrend will begin. Interestingly, there is a confluence of support which suggests a bullish outlook.

ADA / USDT 12 hour chart

Dogecoin price is falling after being turned down at a tough resistance level. While this correction could go down, a launch pad is being sought to propel DOGE up.

DOGE / USDT 1-day chart

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