Happy crypto holiday? Bitcoin, Ethereum and Dogecoin Charts for the Weekend – Bitcoin (BTC/USD), Ethereum (ETH/USD), Dogecoin (DOGE/USD)

Bitcoin BTC/USD It briefly popped up before trading mostly flat during Friday’s 24-hour trading session.

was on pace S&P 500Which was attempting to take some profit on Thursday’s closing price but was trading in an inside bar pattern in consolidation on below average volumes.

The lack of volume in major indices and the crypto sector was also causing Ethereum ETH/USD And dog coin doge/usd Trading near the flat, both the bulls and bears are looking inactive in the lead up to the holiday weekend.

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Volume may remain low over the next few days, but when traders return to their desks, possibly next week, here’s what to watch on the Bitcoin, Ethereum, and Dogecoin charts.

bitcoin and ethereum chartBitcoin and Ethereum negated their most recent downtrends by printing a higher low during Thursday’s 24-hour trading session. For the crypto to confirm a new uptrend, both bitcoin and ethereum need to print higher highs in the next few days.

Bitcoin and Ethereum are trading below the eight- and 21-day exponential moving averages (EMA) and the 50-day simple moving average (SMA), which are bearish. If the cryptos rally higher to print a higher high, Bitcoin and Ethereum will retest the moving averages, giving bullish traders more confidence in the move.

Cryptos are likely to continue trading mostly sideways until volumes return to Bitcoin and Ethereum.

Bitcoin faced resistance above $17,580 and $19,915 and support below $16,797 and $16,000.

Ethereum has resistance above $1,231.28 and $1,421.80, and support below $1,081 and $997.Dogecoin Chart: Dogecoin has spent all of the past week retesting the 200-day SMA as support and during Friday’s session, the crypto was attempting to break above Thursday’s mother bar. Dogecoin was attempting to retest the eight-day EMA as support, but failed due to lower-than-average volume.

Unlike Bitcoin and Ethereum, Dogecoin is yet to negate its current downtrend. For this to happen, Dogecoin would have to either climb above the 8-percent mark or retrace to print a bottom above 7 cents.

Dogecoin has resistance above $0.083 and $0.091 and support below $0.075 and 7 cents.

Read further: Elon Musk-Favoured Dogecoin (DOGE) Outpaces Tesla Stock in 2022

Image: pixabay

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