DOGE, ADA and AAVE hold above key moving averages after rebound, U.Today says
In brief
- DOGE traded near $0.0954 on October 3, up from August lows near $0.069, per U.Today.
- ADA traded near $0.252 after climbing from about $0.195 in late September.
- AAVE hit an intraday high near $188 before settling around $182, per U.Today.
- ADA's setup: $0.24 support against $0.26–$0.265 resistance, according to U.Today.
DOGE's moving-average test
The most important line on Dogecoin's daily chart, per U.Today's analysis, is the long-term moving average around $0.093–$0.094. It acted as resistance throughout the decline. A late-September rally pushed DOGE above it.
That's the level the outlet is watching. A breakdown below $0.093, U.Today said, could expose the shorter-term average around $0.091 and then a cluster around $0.085–$0.088.
The round number didn't hold. DOGE briefly moved above $0.100 during the latest rally but failed to keep it, leaving a wick that extended toward about $0.106. Its RSI sits in the upper 50s, which isn't overbought territory by the outlet's reading.
Cardano's narrow range
ADA climbed from roughly $0.195 to above $0.25 over the second half of September. It's now near $0.252, having kept most of that advance despite several unsuccessful attempts to push past $0.26.
The token has also broken above its long-term moving average around $0.24, a line that previously acted as resistance.
The short-term setup therefore revolves around a relatively narrow range: $0.24 support against $0.26–$0.265 resistance.
U.Today said a move above $0.265 could open a route toward $0.28, where ADA traded before June's major decline.
AAVE extends its breakout
AAVE spent much of September between $120 and $140. It's since extended its breakout to about $182, after reaching an intraday high near $188, according to U.Today. The token has formed a sequence of higher highs and higher lows and trades above all of the major moving averages on its chart (the short-term average has risen toward roughly $145).
None of these levels is a forecast; they're U.Today's chart readings as of October 3.
