Cryptocurrencies Price Prediction: Bitcoin, Dogecoin & Polygon — Asian Wrap 03 April

FXStreet Team FXStreet

Will Bitcoin hit its $35,000 target in April: BTC deep dive

Bitcoin has emerged as one of the assets with the highest yield for holders in 2023. With BTC dominance on the rise, analysts are bullish on the digital asset’s comeback to the $35,000 level.

Dogecoin whales are buying the dip: Will DOGE lead a meme coin price rally?

Dogecoin, one of the largest meme coins in the crypto ecosystem recently decoupled from other cryptocurrencies. DOGE price yielded 9% gains for holders since April 1.

Will MATIC price conquer the bullish target of $2 again?

MATIC, the native token of the Ethereum scaling solution Polygon conquered a key support level, resuming its uptrend. The token decoupled from Bitcoin over the past week, the correlation dropped to levels previously seen in February 2023.

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Ripple risks deeper decline toward $1.00

XRP clings to short-term support at $1.10, but persistent selling pressure leaves it vulnerable to a further 10% drop toward $1.00. XRP remains largely defined by a bearish technical structure, with major moving averages and momentum indicators edging lower.

Crypto Today: Bitcoin, Ethereum, XRP slide as capital outflows persist

The cryptocurrency market is experiencing broad-based declines on Tuesday, as Bitcoin retests support at $62,000, Ethereum extends losses toward $1,600, and Ripple remains anchored near the key $1.10 demand zone.

Bitcoin struggles amid renewed US-Iran peace uncertainty

Bitcoin (BTC) trades below $63,000 at the time of writing on Tuesday as conflicting signals from the US and Iran regarding the progress of peace negotiations continue to fuel geopolitical uncertainty.

MiCA regulations could be the next bullish catalyst for crypto – Georg Harer, co-CEO at Bybit EU

The next bullish narrative for crypto could be MiCA regulations, which could drive liquidity from traditional markets, Bybit EU co-CEO Georg Harer says. Improved regulations could provide guardrails to avoid black swan events like Terra Luna and FTX, thereby limiting volatility.

Bitcoin: Recovery hopes fade after the Fed spoils the party

Bitcoin (BTC) is set to end the week in the red, trading near the 200-Week Simple Moving Average (SMA) at around $62,300 on Friday. Institutional selling persists, capping BTC’s recovery as spot Exchange Traded Funds (ETFs) point to a sixth consecutive week of outflows.