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Cryptocurrencies Price Prediction: Bitcoin, Shiba & Ehtereum – American Wrap 15 March

Cryptocurrencies Price Prediction: Bitcoin, Shiba & Ehtereum – American Wrap 15 March
FXStreet TeamFXStreet TeamFXStreet

This is how Ethereum price reacted following the Shanghai upgrade on Goerli testnet

Ethereum was expected to be the center of attention this week owing to the Shanghai-Capella upgrade, but the macroeconomic conditions did not let that happen.
ETH/USD 1-day chart
Shiba Inu (SHIB) price action is tanking over 1% this Wednesday after a very volatile and lucrative session for the bulls on Tuesday. Unfortunately, bulls did not see the bears coming and got rear-ended, smashing price action into the safety barriers. With SHIB price action already down over 6% from top to current level, another 12% could be lost if the support levels get broken.
SHIB/USD  4H-chart    
Bitcoin was approaching $26.5K on Tuesday but almost nullified the rise by the end of the day. On Wednesday, we still see a tug-of-war near $25.0K. Bitcoin got a pull on a wave of fears around the banking system - markets shifted sharply to the problems at Credit Suisse today, causing a sell-off in the euro and a jump in gold and silver.
 

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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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