Cryptocurrencies Price Prediction: Dogecoin, BNB & Bitcoin — Asian Wrap 13 October
|Meme Coins Price Prediction: Dogecoin, Shiba Inu, Pepe stabilize as selling pressure wanes
Meme coins such as Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) mark a positive start to the week, following a rebound on Sunday. Recovering from Friday’s market crash, which saw liquidation of over $19 billion in a day, the retail demand is gradually resurfacing, per derivatives data. At the same time, on-chain data indicates a decline in selling pressure alongside the demand surge among large and mid-size wallet investors, which could foster conditions for an extended recovery.
BNB Price Forecast: BNB nears record high as recovery accelerates, CZ points to genuine market demand
BNB (BNB), formerly known as Binance Coin, is showing a strong recovery as it approaches its record highs, with the price rebounding to around $1,300 on Monday after a recent correction. Binance founder Changpeng Zhao (CZ) highlighted on Twitter the token’s robust performance, noting that BNB’s rally is driven by genuine market demand without the involvement of market makers, signaling continued bullish sentiment among investors. On the technical side, indicators suggest rally continuation targeting new record highs.
Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC, ETH, and XRP stage mild recovery after sharp correction
Bitcoin price faced rejection after reaching a new all-time high of $126,199 on October 6. It then declined, reaching a daily low of $102,000 on Friday and fell more than 11% from Tuesday's high to Saturday's low. However, BTC recovered slightly on Sunday, closing above 114,900. At the time of writing on Monday, it hovers at around $115,500. If BTC continues its recovery, it could retest its key psychological level at $120,000.
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