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Cryptocurrencies Price Prediction: Dogecoin, Chiliz & Litecoin – American Wrap 13 April

Cryptocurrencies Price Prediction: Dogecoin, Chiliz & Litecoin – American Wrap 13 April
FXStreet TeamFXStreet TeamFXStreet

Dogecoin price jumps 20% again as investment company buys $60 million worth of Dogecoin Cash

Dogecoin price had yet another major breakout thanks to a massive investment from Kronos Advanced Technologies. The digital asset that started as a meme is now gaining traction among investment companies, mostly due to the exposure gained by the world's richest man, Elon Musk.

Chiliz Price Forecast: CHZ jump to $1 is inevitable, according to technicals

Chiliz (CHZ) had a massive 30% move in the past two days, cracking a key resistance level and breaking out from a parallel channel. CHZ had a lot of momentum since the beginning of 2021 thanks to fan tokens.

Litecoin Price Prediction: LTC targets new yearly highs at $320

Litecoin (LTC) price has been trading inside a robust uptrend since March 25 and just hit a new 2020-high at $270. On-chain metrics show practically no resistance ahead as the digital asset targets $320.

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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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Ripple and Stellar outlook: Stay under pressure as cautious sentiment builds

Ripple and Stellar outlook: Stay under pressure as cautious sentiment builds

Ripple and Stellar remain under pressure, with both altcoins correcting slightly. XRP nears the key $1.00 support zone on Thursday, while XLM trades below critical technical levels. Mixed derivatives and on-chain metrics suggest cautious sentiment, leaving both tokens vulnerable to further downside while offering hope for a potential recovery.

Crypto Market Overview: Bitcoin loses softer CPI gains – Virtuals Protocol, OKB rise

Crypto Market Overview: Bitcoin loses softer CPI gains – Virtuals Protocol, OKB rise

Bitcoin is trading around $63,000 after three consecutive days of losses. The US Consumer Price Index for July met market expectations of 3.4% the previous day, resulting in a mild rebound in BTC above $64,000, but it was lost later in the day, leading to a bearish close. Virtuals Protocol and OKB have emerged as top performers over the last 24 hours.

Bitcoin faces thin liquidity and missing demand amid seller stress — Glassnode

Bitcoin faces thin liquidity and missing demand amid seller stress — Glassnode

Bitcoin is showing signs of growing market exhaustion, with weakening liquidity and subdued demand leaving the market vulnerable to a sharp move, according to a Glassnode report on Wednesday. The firm stated that Bitcoin is trading between two important cost-basis levels as market activity has fallen to its lowest point since 2019.

Bitcoin shows early signs of bottom despite lingering market stress

Bitcoin shows early signs of bottom despite lingering market stress

Bitcoin (BTC) is showing several signs of a potential market bottom as multiple indicators show improving market conditions, according to CryptoQuant analysts. CryptoQuant data revealed that Bitcoin has produced a second early bull signal, a pattern that has historically appeared closer to market bottoms.
Bitcoin: Can bulls weather the market uncertainty?

Bitcoin: Can bulls weather the market uncertainty?

Bitcoin (BTC) remains resilient, trading above $65,000 on Friday, with bulls defending key support despite cautious market sentiment. US-listed spot Bitcoin Exchange-Traded Funds (ETFs) showed strong inflows through Thursday, pointing to renewed institutional demand.