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Cryptocurrencies Price Prediction: Bitcoin, Dogecoin & Cardano — Asian Wrap 19 December

Cryptocurrencies Price Prediction: Bitcoin, Dogecoin & Cardano — Asian Wrap 19 December
FXStreet TeamFXStreet TeamFXStreet

Bitcoin Price Prediction: Is this the bull trap that will bring BTC below $14,000?

Bitcoin (BTC) price results from a very violent week regarding economic data and central bank speakers. Even without those elements, BTC has no reason to rally substantially higher as the global market situation on its own is deteriorating quite rapidly.

Dogecoin Price Prediction: DOGE gets a harsh lesson on ‘No means No!’

Dogecoin (DOGE) price receives yet again a firm rejection, this time from a technical moving average. The rejection and fade to the downside is almost a play and repeat from last week when a similar event occurred against a monthly pivot level.

Cardano Price Prediction: ADA hopes for a White Christmas trashed by the Fed and ECB

From a purely technical point of view, Cardano (ADA) price action is set to end the last two trading weeks of 2022 with massive losses. The several catalysts lined up this past week have not been attributing as expected and could see traders exit their positions for the last-minute Christmas rally.

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