Analysis of UNI and DOGE prices for 14.06.2021

Coingape analysts believe that a Bitcoin breakout above $ 40,000 will trigger a wave of buy orders.

Dogecoin 

Dogecoin has consolidated above $ 0.3, allowing bulls to target higher levels. Over the past day, DOGE has grown by 4% and is currently trading at about $ 0.32. Judging by the four-hour chart, sideways trading may continue in the near future.

Nevertheless, the MACD indicator shows that the bulls are gaining the upper hand. Even though the trend indicator is stuck below the 0 mark, the MACD line (blue) is holding above.

Until sellers have been able to push through $ 0.3, buyers will have the opportunity to break above the 100 SMA at $ 0.34. In this case, the DOGE price may rise even above $ 0.4.

Uniswap

On the four-hour UNI chart, we see severalbuy signals, which indicates a possible upward breakout in the near future. Recent support at $ 20 pushed the price back above $ 22.9, where buyers stumbled upon resistance around the 50 SMA.

If UNI manages to break above the 50 SMA, the price will skyrocket to $ 25.