SafeMoon, Dogecoin and Ethereum – European Wrap 22 September

SafeMoon price experienced a massive downswing over the past month and has finally revealed an optimistic outlook. This development could see SAFEMOON rally and set up a temporary swing high. In a bullish case, this initial updraft could serve as the base for a new uptrend, which could establish a firm yet bullish directional bias.



Dogecoin price appears to be ready for another drop as buyers are nowhere to be found. The prevailing chart pattern suggests that the DOGE plunge is not over yet, as the bears aim for $0.16.



Ethereum price has not had the best past two weeks. Not only has ETH sliced through significant support levels, but it has also shattered a crucial psychological level. While things look dire, on-chain metrics alleviate the pain, bringing hope that an upswing is not outside the realm of possibility.

ETH/USD 1-day chart