Ethereum (ETH) is down 6% on Tuesday after the crypto market’s recent general decline wiped out gains seen over the past five days. If ETH fails to bounce off the lower boundary support line of a symmetrical triangle pattern, it could fall to the psychological level of $3,000.
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Cardano (ADA) lost 2% Tuesday amid traders’ profit-taking. Large investors in the altcoin portfolio are accumulating the token at a rapid rate. This is generally considered a bullish indicator for Cardano and could support a recovery.
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Dogecoin price consolidates below $0.40 on Tuesday, amid tailwinds from French President Emmanuel Macron who raised allegations of election interference involving Elon Musk on Monday. DOGE traders opened over $1.2 billion in new positions in the 24 hours after the close. news. Is DOGE price about to surpass $1 or reverse towards $0.30?
