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Cryptocurrencies Price Prediction: Cryptos, DOGE &Ethereum – American Wrap 12 April

Cryptocurrencies Price Prediction: Cryptos, DOGE &Ethereum – American Wrap 12 April
FXStreet TeamFXStreet TeamFXStreet

DOGE holders refuse to concede to the bear market even as Dogecoin price nears September 2022 lows

Dogecoin price dipped lower over the weekend as Bitcoin price slipped to trade at $28,500. The crypto market was looking to recover at the beginning of the month, but 12 days into June, the situation seems to be getting dire for investors. However, DOGE holders’ resilience is observing no bounds as they continue to grow even now.
DOGE/USD 1-day chart
Ethereum network’s traders that have a relatively high-risk tolerance are termed “Diamond hands.” One of them held Ether for 1,800 days before booking a 400% profit. It is important to note that the sale of Ethereum by a diamond hand trader fuels a bearish outlook for the altcoin. 
 
Curve Finance token has been facing heavy sell-off, prompting CEO Michael Egorov to deposit nearly 32% of Curve Finance (CRV) circulating supply into AAVE. The move comes at a time when DeFi and crypto tokens are battling the Securities & Exchange Commission’s (SEC) crackdown on cryptocurrencies. 
 
 

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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.

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