Decentraland, Dogecoin & Ethereum – American Wrap 06 January

Ethereum enters support zone that will see ETH return to $4,000

Ethereum price has faced expansive bearish activity over the past eight days. Since the open yesterday (January 5), Ethereum has lost nearly 19%, moving from $4,047 to today’s low of $3,300. Further downside pressure should become more complex.

Dogecoin price fractal suggests DOGE could be due for an explosive 20% advance

Dogecoin price has been under a lot of pressure as it hovers around a crucial demand barrier, a breakdown of which could see a massive crash. However, the January 5 drop seems to have given rise to a fractal that hints at a bullish outlook. 

Decentraland hits vital support after MANA’s 34% correction

A brief technical and on-chain analysis on Decentraland price. FXStreet’s analysts evaluate why MANA could rebound. Please, subscribe to our YouTube channel and follow us on Twitter @FXScrypto.