|

Cryptocurrencies Price Prediction: Dogecoin, Dash & Bitcoin – Asian Wrap 4 May

Meme Coins Price Prediction: DOGE leads, SHIB and PEPE gear up for bullish breakouts

Dogecoin’s price is extending its gains, trading above $0.113 on Monday after surpassing the key 100-day Exponential Moving Average (EMA) at $0.104 the previous week. If DOGE continues its upward momentum, it could extend the gains toward the weekly resistance at $0.119. The Relative Strength Index (RSI) on the daily chart is 78, above the overbought threshold and pointing upward, indicating strong bullish momentum. Moreover, the Moving Average Convergence Divergence (MACD) indicator on the same chart shows rising green histogram bars, supporting the positive outlook.

Crypto Overview: Bitcoin tops $80,000 as Hormuz risks ebb – Privacy coins rally

Dash extends gains above $40 at press time on Monday, extending a bullish near-term bias after breaking decisively above the 50-day and 200-day EMAs at $36.32 and $38.85, respectively. The privacy coin trades above a long-term descending trendline, around $40.44, and requires a daily close to confirm the breakout. The RSI at 69 is pushing toward overbought territory, hinting that upside momentum is strong but stretched. At the same time, the MACD rises after a crossover above the signal line on Saturday, indicating renewed bullish momentum.

Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC extends rally, ETH and XRP near key resistance zones

Bitcoin price is trading at $80,161 on Monday, retaining a constructive bias as it holds above a dense support band defined by the 50% retracement at $78,962 (drawn from the January high to the February low) and the 100-day Exponential Moving Average (EMA) near $75,903. The shorter-term 50-day EMA around $74,448 reinforces the underlying uptrend. Momentum remains firm, as the Relative Strength Index (RSI) on the daily chart hovers in bullish territory near 66, and the Moving Average Convergence Divergence (MACD) has turned higher and returned to positive territory, hinting that buyers still control the near-term tone despite the proximity to major overhead barriers.

Author

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.

More from FXStreet Team
Share:

Editor's Picks

Bitcoin Weekly Forecast: BTC drops below $68,000 as oversold signal fails to stop sellers

Bitcoin corrects more than 7% so far this week, hitting an intraday low of $67,568 on Friday. Rising liquidations, continued ETF outflows, and weakening risk appetite are leaving BTC vulnerable to further downside.

Ripple risks losing $1.00 support as 24-hour liquidations hit $20 million

Ripple remains on edge, trading around $1.00 on Friday. The remittance token’s sharp decline has persisted since November 5, initially triggered by the $6.3 billion Binance hack and later accentuated by the US midterm elections.

Crypto Today: Bitcoin, Ethereum, XRP extend losses as bears tighten their grip

Bitcoin's (BTC) sell-off deepens on Friday, with the spot price below $69,000. The largest crypto by market capitalization leads the intense selling, with Ethereum (ETH) below $2,000 and Ripple (XRP) hovering just above $1.00.

Bitcoin just posted five straight losing weeks, and the storm may not be over yet

Bitcoin is struggling to find support, slipping below $70,000 as multiple headwinds threaten to push the Crypto King lower. The much-anticipated “Uptober” rally failed to materialize, with persistent selling pressure and widespread liquidations instead reinforcing the “Rektober” narrative.

Bitcoin: BTC drops below $68,000 as oversold signal fails to stop sellers
Bitcoin (BTC) extends its correction, falling more than 8% and hitting an intraday low of $67,568 on Friday. Despite oversold technical signals, selling pressure continues to intensify, with persistent Exchange Traded Funds (ETFs) outflows, leveraged liquidations and weakening risk appetite weighing on the Crypto King outlook.