Dogecoin (DOGE), Zcash (ZEC), Cardano (ADA) and Solana (SOL) Price Analysis For August 1: Outsiders Enter the Stage

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Dogecoin continues to face significant bearish pressure, trading around $0.069 just above a crucial psychological support level, with RSI at 39 and a break below $0.068 potentially revealing new yearly lows. Zcash has pulled back to approximately $457 after reaching a local high near $580, maintaining an intact recovery structure as long as price stays above the 200-day moving average at $413. Cardano has stabilized at $0.168 above its 50 and 100-day moving averages, with RSI slightly above 50 suggesting stabilization without a confirmed uptrend. Solana is oscillating between $73 and $75, successfully defending the $72-$73 support zone while remaining below all significant moving averages with RSI at 44.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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