Cryptocurrencies Price Prediction: Dogecoin, Dash & Bitcoin — Asian Wrap 19 January
Meme Coins Price Prediction: Dogecoin, Shiba Inu, Pepe in a freefall, echoing Bitcoin’s drop
Dogecoin is down 3% at press time on Monday, extending the correction phase for the sixth straight day. The meme coin steadies below the 20-day Exponential Moving Average at $0.1375 and the 50-day EMA at $0.1417, maintaining a bearish setup as both averages slope lower, capping recovery attempts. Additionally, the 200-day EMA at $0.1718 is trending lower, supporting the broader bearish bias.
Top Crypto Gainers: Dash, Monero, Story see strong rebounds
Dash trades around $80 at press time on Monday, climbing from $72 earlier on the low. The privacy coin is trading roughly within the 50% and 61.8% Fibonacci retracement levels at $72 and $86, respectively, measured from the November 4 high to the December 19 low. A decisive close exceeding these levels would determine the next phase in the DASH price trend. The intraday rebound, Sunday’s 6% gains, and technical indicators reinforce a strong upward bias.
Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC, ETH and XRP dip amid escalating EU–US trade war fears
Bitcoin price rallied to a nearly two-month high of $97,800 on Wednesday, finding support around the previously broken upper consolidation zone at $90,000. However, BTC failed to sustain its upward momentum and declined by 3.17% over the next four days. As of Monday, BTC is trading down, retesting the 50-day Exponential Moving Average (EMA) at $92,396. If BTC closes below the 50-day EMA at $92,396 on a daily basis, it could extend the decline toward the next key support at $90,000.
Author
FXStreet Team
FXStreet
