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Cryptocurrencies Price Prediction: Dogecoin, Binance Coin & Ethereum — Asian Wrap 15 September

Why the Dogecoin price could print new lows during Autumn

Dogecoin price shows the bears are still in control. Key levels have been identified. Dogecoin price shows reasons to be concerned as the notorious meme coin has yet to retaliate against the bearish onslaught. Since the final days of August, Dogecoin price witnessed a devastating crash as breakout bulls were coerced into buying a smart money fake out near the $0.08 level.


Binance Coin Price Prediction: A 2-day reversal pattern spelling bad news

Binance Coin price shows reasons to believe in another selloff. Key levels have been identified. Binance Coin price warrants concern as the most recent selloff shows a classic reversal pattern within the price action. Binance Coin price lost 7% of market value amidst the most recent selloff.


Ethereum set to undergo a PoW hard fork 24 hours after the Merge

The Merge is a momentous event for Ethereum and the investors as it will be bringing Proof of Stake (PoS) to the network. While the anticipation for the Merge is rising by the day since it will be making the chain more sustainable and scalable, it hasn’t been keeping everyone happy entirely.

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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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Cryptocurrency prices are trending lower on Thursday, pressured by renewed inflation concerns stemming from ongoing tensions between the United States (US) and Iran and persistently elevated Oil prices. Bitcoin (BTC) is approaching short-term support at $65,000, with upside resistance remaining firm at $67,000.
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Dogecoin Price Forecast: DOGE nears yearly low as risk appetite fades
Dogecoin (DOGE) extends its decline on Thursday, approaching its yearly low at $0.069 as bearish sentiment continues to weigh on the meme coin. Escalating US-Iran conflict and fresh Houthi threats have dampened risk appetite, weighing on speculative assets such as DOGE. Weakening derivatives metrics and a deteriorating technical outlook suggest a deeper correction if DOGE slips below $0.069.
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Bitcoin (BTC) has fallen over 34% in the first half of this year as the King Crypto failed to capitalize on a good semester for risk assets despite the woes from the Iran war.