Dogecoin, Chainlink & Cardano — Asian Wrap 30 September

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Amid rising heat around ETFs, Dogecoin faces opposition from the 50-period Exponential Moving Average (EMA) on the 4-hour chart. At the time of writing, DOGE is down by nearly 1% on Tuesday. Dogecoin’s reversal from the dynamic resistance risks a potential retest of the $0.22046 low from Thursday. The momentum indicators on the same chart flash mixed signals, as the Relative Strength Index (RSI) at 50 indicates a neutral trend. Meanwhile, the Moving Average Convergence Divergence (MACD) with its signal line continues to rise steadily toward the zero line.

Chainlink (LINK) hovers around $21.50 at the time of writing on Tuesday after an 8% recovery since Friday. The momentum follows a major industry milestone, where LINK partnered with 24 leading financial institutions to streamline corporate actions using its oracle and blockchain technology. Additionally, bullish on-chain signals and a positive…

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