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Cryptocurrencies Price Prediction: Bitcoin, Dogecoin & Chainlink – Asian Wrap 22 Feb

Cryptocurrencies Price Prediction: Bitcoin, Dogecoin & Chainlink – Asian Wrap 22 Feb
FXStreet TeamFXStreet TeamFXStreet

Bitcoin Price Analysis: BTC/USD pulls back to short-term support after refreshing record top

BTC/USD wavers around $57,000 while consolidating the weekend run-up to the fresh high on record, to $58,355. In doing so, the quote bounces off an immediate ascending trend line from Friday. While favoring further consolidation, the MACD flashes the first bearish signal in the last three days.

Dogecoin Price Analysis: DOGE battles key hurdles above $0.05 on Eion Musk’s tweets

Dogecoin retraces the initial spike to 0.0597 while easing to 0.0560 during the early Monday. Even so, the cryptocurrency pair stays near the key resistances on Tesla's owner’s optimism for DOGE. In contrast to Musk’s favor for the Dogecoin, the world’s second-richest man admits that bitcoin and ethereum 'seem high'.

Chainlink Technical Analysis: LINK bulls fight back control, as $37 beckons

Chainlink (LINK/USD) is resuming its bullish momentum after last week’s corrective pullback from record highs of $36.92. The ninth most traded cryptocurrency enjoys a market cap of $14.10 billion, as it sheds 1.72% over the last 24 hours while adding 1.24% on the week.

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XRP Price Prediction: XRP tests major support at $1.00

XRP Price Prediction: XRP tests major support at $1.00

Ripple (XRP) remains pressured on Friday, trading around $1.03 at the time of writing. The token appears to hold this current level as support but lacks a catalyst to sustain a knee-jerk rebound toward the next key resistance at $1.10.
Top AI Coins Forecast: Chainlink, Near Protocol and Bittensor broadly stabilize after sell-off

Top AI Coins Forecast: Chainlink, Near Protocol and Bittensor broadly stabilize after sell-off

The cryptocurrency market is stabilizing on Friday as prospects for de-escalation in Middle East geopolitical tensions improve. Artificial Intelligence (AI)-focused tokens such as Chainlink (LINK), Near Protocol (NEAR), and Bittensor (TAO) continue to face selling pressure, yet are defending key technical support levels.
Bitcoin’s volatility has nearly disappeared – The risk hasn’t

Bitcoin’s volatility has nearly disappeared – The risk hasn’t

Spot Bitcoin ETFs are yet to see outflows this month, bringing in $754 million in the first week of August. Yet, Bitcoin remains steady at $64,700, while options flow favors protection at $62,000 and $63,000. The opposing signals point to a market with a spot bid but limited conviction.
Crypto Today: Bitcoin, Ethereum hold steady, XRP decline nears $1.00 amid easing geopolitical tensions

Crypto Today: Bitcoin, Ethereum hold steady, XRP decline nears $1.00 amid easing geopolitical tensions

Cryptocurrency prices are relatively stable on Friday, with Bitcoin (BTC) edging higher above the immediate $64,000 support. Ethereum (ETH) holds fairly above the short-term $1,900 demand area, as bulls target a potential breakout. Meanwhile, Ripple (XRP) maintains a dominant bearish outlook, edging lower toward the crucial $1.00 support.
Bitcoin: Can bulls weather the market uncertainty?

Bitcoin: Can bulls weather the market uncertainty?

Bitcoin (BTC) remains resilient, trading above $65,000 on Friday, with bulls defending key support despite cautious market sentiment. US-listed spot Bitcoin Exchange-Traded Funds (ETFs) showed strong inflows through Thursday, pointing to renewed institutional demand.