Cryptocurrencies Price Prediction: Bitcoin, Shiba Inu and VeChain – European Wrap 22 November

FXStreet Team FXStreet

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Steep correction looms crypto market

Bitcoin price saw a momentary upswing after its initial downswing on November 18. This quick run-up failed to gather steam, leading to rejection and a retracement. This short-term bearish outlook translated to Ethereum, Ripple and other altcoins.

Shiba Inu price squeezes, restoring SHIB uptrend towards $0.000088

Shiba Inu (SHIB) price has been on a downward trajectory since the end of October. Following the break below the base at $0.00004465, however, bulls quickly began picking up SHIB price and making a fade-in between the low at $0.00004465 and $0.00005000. With bulls sitting on their hands as they bought into Shiba Inu price action, expect an initial phase where bulls ramp-up price action towards $0.00005500, before hitting $0.00008800 in a few weeks time.

VeChain price might drop 20% if VET fails to hold above crucial barrier

VeChain price failed to hold above a stable support level, leading to a steep correction. This downswing is fast approaching the midpoint of the trading range and will decide the next course of action for VET.

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Meme Coins Price Prediction: Dogecoin, Shiba Inu, Pepe rally on Venezuela’s shadow BTC reserve

Meme coins such as Dogecoin, Shiba Inu, and Pepe are leading the cryptocurrency market rally driven by the US cross-border operation to capture Venezuelan President Nicolás Maduro. Dogecoin extends its gain for the fifth consecutive day while SHIB and PEPE take a pause.

Cardano Price Forecast: ADA breaks above falling wedge, upside constrained by geopolitical risks

Cardano (ADA) steadies above $0.40 at the time of writing on Monday after a decisive close above the falling wedge pattern in the previous week. The derivatives market supports improving sentiment, with ADA’s Open Interest rising and long bets increasing among market participants.

Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – Bulls firmly in control as BTC breaks $93K, ETH and XRP extend gains

Bitcoin, Ethereum, and Ripple extended their rallies on Monday, gaining more than 4%, 6%, and 12%, respectively, in the previous week. The top three cryptocurrencies by market capitalization could continue to outperform, with bulls in control of the momentum.

Top Crypto Gainers: Brett, Bonk, Dogwifhat – Meme coins rally amid US-Venezuela tensions

Meme coins, including Brett (BRETT), Bonk (BONK), and Dogwifhat (WIF), lead the crypto market rally with double-digit gains over the last 24 hours following the US capture of Venezuelan President Nicolás Maduro on Saturday. Technically, meme coins could extend gains as bulls maintain firm control.

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Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.

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