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Cryptocurrencies Price Prediction: Dogecoin, Bitcoin & Polkadot – Asian Wrap 18 Mar

Dogecoin Price Prediction: DOGE bulls can stay hopeful above these levels

DOGE/USD fizzles the latest run-up beyond short-term resistance while easing to $0.0580 during early Thursday. Even so, the meme-coin keeps trend line breakout amid receding bearish MACD bias, not to forget trading above the key support lines and SMA confluence.

Bitcoin price resumes uptrend to $64,000 on Morgan Stanley news

Bitcoin price is set to close March with the 6th consecutive positive month despite the quick retracement from all-time highs. The current momentum indicates that the bullish precedent will continue beyond March. BTC slow embrace by the financial services industry is market bullish.

Polkadot price could slip to $21.50 if key support is lost

Polkadot has been trading in a tightening range since February 21 and seems ready for a significant move. DOT bulls face steep barriers ahead, but a breakout is still in the cards. DOT is on the verge of a massive 36% move within the next 48 hours.

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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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XRP, ADA, and SOL are vulnerable to deeper losses

The top altcoins, including Ripple, Cardano and Solana, are trading in the red as the broader cryptocurrency market faces downside pressure. The bearish pressure aligns with Citadel Securities' anticipation of a surprise Fed rate hike, which could reduce liquidity in high-risk assets, including crypto assets.

XRP and XLM extend correction as bearish pressure builds

Ripple and Stellar remain under pressure on Tuesday after losing over 4% and over 5%, respectively, the previous day. In addition, weakening momentum indicators and deteriorating derivatives metrics suggest sellers remain in control, raising the risk of further downside for both altcoins. Derivatives data shows a slight bearish tilt.

Bitcoin risks losing $63,000 – FET, SHIB lead losses

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