Cryptocurrencies Price Prediction: Dogecoin, Cardano & Shiba Inu — Asian Wrap 9 August

FXStreet Team FXStreet

Dogecoin Price Prediction: Expect a decline, but don't miss the train if it leaves early pt.2

Dogecoin coils within a newfound congestion zone for nearly 2 months. A sweep the lows event could present itself in the coming days. Invalidation of the bearish scenario is a definitive closing candle above $0.0780. Said price action would induce a 75% rally towards $0.12.

Why the Cardano price may finally be ready for blast off

Cardano price will likely explode in one direction or the other. Traders should consider keeping a close eye on the ADA price for a very profitable opportunity. Invalidation of the uptrend thesis is dependent on a few factors mentioned below.

This indicator suggests whales are officially hodling the Shiba Inu price

Shiba Inu price maintains bullish outlook forecasted in previous outlooks. Total number of transactions on decentralized exchanges has decreased by 40% in the last 24 hours for the SHIB price. Invalidation of the uptrend remains at $0.00001150.

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FXStreet Team

FXStreet

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.

Is Shiba Inu dead or just in a crisis? The data behind SHIB's 95% crash

Shiba Inu (SHIB), the dog-themed meme coin that became one of the biggest success stories in crypto and turned early buyers into crypto millionaires, is facing tough times. Its price has fallen more than 32% so far this year, and it is down 95% from its all-time high in 2021.

Crypto Market Overview: Bitcoin, Zcash and Bittensor rebound, but are these gains sustainable?

Bitcoin upholds a subtle recovery outlook on Monday, trading above $64,000 as investors reengage amid easing geopolitical tensions, particularly in the Middle East. Altcoins are broadly rising, led by Zcash and Bittensor, indicating a positive short-term turnaround.

Crypto Today: Bitcoin, Ethereum, XRP rise slightly as US-Iran peace talks make progress

Cryptocurrency prices are broadly rising on Monday, with Bitcoin reclaiming support above $64,000. Ethereum holds above $1,700 as bulls target a short-term breakout above $1,800. Meanwhile, Ripple is back above $1.13 after testing the $1.12 support level.

Bitcoin struggles as ETF outflow streak extends to six straight week

Bitcoin trades around $64,000 at the time of writing on Monday after declining nearly 4% in the previous week. BTC investors remain cautious despite signs of progress in the first round of US-Iran peace talks in Switzerland.

Bitcoin: Recovery hopes fade after the Fed spoils the party

Bitcoin (BTC) is set to end the week in the red, trading near the 200-Week Simple Moving Average (SMA) at around $62,300 on Friday. Institutional selling persists, capping BTC’s recovery as spot Exchange Traded Funds (ETFs) point to a sixth consecutive week of outflows.