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Cryptocurrencies Price Prediction: Chainlink, Litecoin & Dogecoin — Asian Wrap 06 October

Cryptocurrencies Price Prediction: Chainlink, Litecoin & Dogecoin — Asian Wrap 06 October
FXStreet TeamFXStreet TeamFXStreet

Chainlink Price Prediction: LINK hints at a sweep-the-lows event targeting $5.70

Chainlink price has been producing higher lows since June. The Volume Profile Indicator shows bears have regained control of the higher time frames. Invalidation of the bearish thesis is a breach above $10, which could trigger an additional rally towards $12. 


Litecoin price could rally 20% in October, here's why

Litecoin price could take the cryptocurrency market by surprise as a bullish retaliation may unfold in the coming days. Litecoin, the digital silver akin to Bitcoin’s comparison to Gold, has been trading range bound throughout September near the mid $50 level.


Dogecoin Price Prediction: A smart money trap hiding in plain sight

Dogecoin has been up 12% since the beginning of October. The DOGE price failed to breach the previous swing high and shows a lack of momentum despite an influx of volume. Invalidation of the bearish thesis is a closing candle above $0.068.

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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.