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Cryptocurrencies Price Prediction: Bitcoin, Dogecoin and Shiba Inu – European Wrap 13 June

Cryptocurrencies Price Prediction: Bitcoin, Dogecoin and Shiba Inu – European Wrap 13 June
FXStreet TeamFXStreet TeamFXStreet

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Potential targets for the crypto crash

Bitcoin price has crashed quite a bit over the weekend, taking Ethereum, Ripple and other altcoins with it. The cause of this brutal market downswing seems to be two-fold - fears around the solvency of the Celsius Network and the CPI announcement.

BTC/USD 1-day chart

How Dogecoin price will react as nearly 50% of all investors are underwater

Dogecoin price shows that the crash is likely to continue until a stable support level is reached. Investors need to be cautious for the next few days, at least until sellers and the bearish momentum dissipate. 

 
DOGE/USDT 4-hour chart

This is the candlestick close that could define the future of Shiba Inu price

Shiba Inu (SHIB) price is under pressure as the token racks up its seventh day of losses – assuming SHIB price does not close above $0.00000859 this evening. To make matters worse, a daily close below a key technical line could bring even more downside risk by increasing the power of bear's hold over price action. Expect this Monday to be crucial for SHIB price action for the rest of the week, with both a 30% drop and a 20% pop potentially on the cards.

SHIB/USD daily chart

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FXStreet Team

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

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Cardano Price Forecast: ADA holds above EMAs as recovery builds

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