Dogecoin price prediction
Dogecoin (DOGE) fell below the support of $0.09 on Sunday, but the bears could not maintain the lower levels. The bulls bought the dip and are trying to reclaim the level.
If the relief rally falls from the 20-day EMA ($0.09), it suggests that the bears are maintaining control. This increases the risk of a drop to the low of February 6 at $0.08.
Buyers are likely to have other plans. They will attempt to push the price of Dogecoin above the moving averages. If they succeed, the DOGE/USDT pair could rise to the breakout level of $0.12. Buyers will need to achieve a close above the resistance of $0.12 to suggest that the pair may have bottomed at $0.08.
Bitcoin Cash price prediction
Bitcoin Cash (BCH) has been witnessing a tough battle between bulls and bears at the level of 443 dollars.
The bulls are attempting a relief rally, but it is likely that the bears will halt any recovery attempt at the 20-day EMA (478 dollars). If the price of Bitcoin Cash drops sharply from the 20-day EMA, the likelihood of a break below the level of 443 dollars increases.
If that happens, the BCH/USDT pair will complete a bearish head and shoulders pattern. This could initiate a downward movement towards 375 dollars.
On the contrary, a close above the 20-day EMA suggests that selling pressure is decreasing. The pair could then rise to the 50-day SMA (525 dollars).
DXY price prediction
The US Dollar Index (DXY) is facing resistance near the level of 99.50, but the bulls have maintained pressure.
The upward 20-day exponential moving average (98.17) and the RSI above the level of 63 suggest that the bulls are in control. If the price closes above the level of 99.50, the index could retest the critical upper resistance at the level of 100.54. A close above the resistance of 100.54 suggests the beginning of a new upward movement.
Sellers will need to push the price below the moving averages to keep the index within the range of 95.50 to 100.54.