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Cryptocurrencies Price Prediction: Dogecoin, Bitcoin and Ethereum – European Wrap 27 September

Cryptocurrencies Price Prediction: Dogecoin, Bitcoin and Ethereum – European Wrap 27 September
FXStreet TeamFXStreet TeamFXStreet

Dogecoin network update to boost mainstream adoption, trigger next DOGE rally

The Shiba-Inu-themed cryptocurrency’s utility is rising with news of AMC’s adoption of DOGE as a payment method. Traders are now anticipating a reduction in transaction fees and a recovery in DOGE. 

Bitcoin price gears up for advance toward $51k, but BTC bears prepared to push back

Bitcoin price continues to record lower highs as a consolidation pattern has emerged. BTC has recovered nearly 9% since the September 24 low, which saw the leading cryptocurrency plunge 10% following China’s reiteration of a harsh crackdown on cryptocurrencies. 

Ethereum Price Prediction: ETH to break out toward $3,700

Ethereum (ETH) price action is stuck in a range between $2,695 and $3,200 for seven consecutive days. Bulls are trying to push price action further upward with the Relative Strength Index (RSI) and global market sentiment very much in their favor.

ETH/USD daily chart

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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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Crypto Today: Bitcoin, Ethereum, XRP trade under sustained selling pressure despite mild ETF inflows

Crypto Today: Bitcoin, Ethereum, XRP trade under sustained selling pressure despite mild ETF inflows

Cryptocurrency prices remain under pressure as a risk-off mood persists on Friday, with Bitcoin consolidating its losses above $62,000. Altcoins, including Ethereum and Ripple, are extending their weakness, trading near lower support levels around $1,600 and $1.12, respectively.

Bitcoin Weekly Forecast: After the bloodbath, everyone looks at $60,000

Bitcoin Weekly Forecast: After the bloodbath, everyone looks at $60,000

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Cardano hits five-year low even as Hoskinson clarifies "break" isn't an exit

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Cardano price is down 10% at press time on Friday, extending losses over 30% so far this week amid Charles Hoskinson's clarification that "break" isn't an exit. A reactionary spike in on-chain activity and social chatter, reflecting a strength of community, but fails to absorb the price decline.

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Arthur Hayes' “Holy Trinity” is dead: Exits Zcash after Orchard Pool exploit

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Bitcoin: After the bloodbath, everyone looks at $60,000

Bitcoin: After the bloodbath, everyone looks at $60,000

Bitcoin (BTC) hovers above $62,000 at the time of writing on Friday, weighed down by growing risk-off sentiment due to persistent geopolitical tensions in the Middle East and sticky macroeconomic uncertainty. The institutional sell-off continued to wreak havoc on capital flows, with spot Bitcoin Exchange-Traded Funds (ETFs) recording billions in outflows.