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Cryptocurrencies Price Prediction: Bitcoin, Solana & Dogecoin — Asian Wrap 22 Mar

Cryptocurrencies Price Prediction: Bitcoin, Solana & Dogecoin — Asian Wrap 22 Mar
FXStreet TeamFXStreet TeamFXStreet

Bitcoin price aims for $48,000 as a new level of support is being established

Bitcoin price is currently trading at $41,000. Following this weekend's breakout, the peer-to-peer digital asset appears to be consolidating before the next rally commences. Bitcoin price shows signs of a large wave four on the macro chart.

Solana price anticipates a 30% move higher

Solana price action continues to vex bulls and bears alike, but bears are getting the brunt of the pain this time. Despite ample opportunity and multiple textbook short setups, bears are unable or unwilling to press Solana lower. Instead, SOL has created conditions that may start a new uptrend. 

Dogecoin price likely to rally to $0.14 as bulls have established new grounds

Dogecoin price has emerged with new fuel as the bulls have established bullish price action on the 8-hr chart. DOGE has the potential for up to a 14% rally with a precise invalidation level. A close below $0.115 will invalidate the bullish thesis.

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Crypto Today: Bitcoin, Ethereum, XRP pare gains despite increasing hopes of upcoming Fed rate cut

Crypto Today: Bitcoin, Ethereum, XRP pare gains despite increasing hopes of upcoming Fed rate cut

Bitcoin (BTC) is steadying above $91,000 at the time of writing on Friday. Resistance at $94,150 capped recovery on Wednesday, but in the meantime, bulls have contained downside risks above $90,000.