|

Cryptocurrencies Price Prediction: Cardano Coin, ApeCoin & Dogecoin — Asian Wrap 26 January

Is Cardano price poised for a 20% rally ahead of the launch of stablecoin Djed next week?

Cardano price rallied by a little more than 3% to trade at $0.386. Cardano price has maintained a rather low profile throughout the month of January as the third-generation cryptocurrency only registered a 57% rise over the last four weeks. 


ApeCoin Price Prediction: Is APE setting up a smart money trap?

ApeCoin Price is in question as the uptrend move is not delivering the same amount of strength witnessed in the trend prior. Traders should be on the lookout as a sudden dip could be the start of a much larger decline.

Dogecoin Price Prediction: DOGE bears flex the largest red day this year

Dogecoin price is showing substantial evidence to suggest a market decline is on the way. Investors should be aware DOGE’s downside potential going into the final days of the month. A breach above $0.095 would invalidate the bearish thesis.

Author

FXStreet Team

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.

More from FXStreet Team
Share:

Editor's Picks

Crypto Today: Bitcoin, Ethereum, XRP recover ahead of US Senate vote on CLARITY Act

Bitcoin edges higher, trading near $77,884 as of Monday, in tandem with broader gains across the cryptocurrency market. Ethereum and Ripple follow Bitcoin’s neutral-to-bullish trajectory, holding key support levels at $2,521 and $1.38, respectively.

Bitcoin Price Forecast: BTC recovery faces headwinds from ETF outflows and elevated Fed rate-hike bets

Bitcoin is recovering, trading above $78,200 on Monday after a more than 4% pullback the previous week. Elevated Fed rate-hike bets and geopolitical risks are boosting the USD, capping BTC’s upside potential.

Pi Network extends gains as ecosystem development supports recovery

Pi Network (PI) extends its recovery on Monday, trading above $0.097 after two consecutive weeks of gains. Continued ecosystem development and improved developer tools are boosting utility.

Cardano Price Forecast: Hovers near key EMAs as cautious metrics leave rallies exposed to selling

Cardano hovers near the key 50-day and 100-day EMAs around $0.200 on Monday after losses of over 8% in the previous week. The technical outlook suggests that bullish attempts remain vulnerable to selling pressure at higher levels.

Bitcoin: BTC retreats as macro headwinds grow
Bitcoin (BTC) remains under pressure, down over 4% this week and trading around $76,900 at the time of writing on Friday. Institutional demand shows signs of weakness as spot BTC Exchange Traded Funds (ETFs) are on track to end their three-week inflow streak, recording nearly $500 million in net outflows through Thursday.