Dogecoin, Polkadot and VeChain – European Wrap 15 December [Video]

Dogecoin (DOGE)  price saw bulls dictating price action with an explosion higher as it broke above a red descending trend line which has been hugging price’s line of descending highs throughout December. Bulls failed to maintain upside momentum, however, andprice soon collapsed as traders sought to scalp profits quickly rather than stay in the trade  longer term. One of the last main catalyst events on the calendar is scheduled for this evening when the FED will announce its monetary policy decision and expect some sideways price action before, followed by the risk of greater volatility following the meeting.

A brief technical and on-chain analysis on Polkadot price. Here, FXStreet’s analysts evaluate how DOT might be able rebound.

 

A brief technical and on-chain analysis on VeChain price. Here, FXStreet’s analysts evaluate what VET must do to resume its uptrend.