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Cryptocurrencies Price Prediction: Dogecoin, Kyber & Chiliz – American Wrap 05 Abril

Cryptocurrencies Price Prediction: Dogecoin, Kyber & Chiliz – American Wrap 05 Abril
FXStreet TeamFXStreet TeamFXStreet

Dogecoin Price Forecast: DOGE lacks bullish momentum after Elon Musk's recent endorsement

Dogecoin price had a massive 30% spike on April 1 after Elon Musk tweeted that SpaceX will put a literal Dogecoin on the moon. However, this move didn't last long, and practically all gains were lost within the next 48 hours. 

Kyber Network Price Prediction: KNC faces strong selling pressure despite new protocol launch

The Kyber Network has launched a new market maker protocol called the Kyber DMM which provides users with greater flexibility, liquidity, and high capital efficiency. This is only the beta release of the product but it’s available to everyone.

Chiliz Price Forecast: CHZ must conquer this barrier for a 12% breakout

Chiliz has been trading in a descending pattern since its all-time high of $0.94 on March 12. The digital asset seems ready for a breakout as the entire cryptocurrency market turned bullish in the past 24 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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Solana Price Forecast: Bearish grip tightens on SOL amid broader market sell-off

Solana Price Forecast: Bearish grip tightens on SOL amid broader market sell-off

Solana is down 4% on Friday, extending losses below $80 and marking a nearly 10% decline so far this week. The broader cryptocurrency market is seeing heavy selling, with Bitcoin diving below $70,000 and wiping out more than $1 billion in the derivatives market. This adds to the sell-side dominance in SOL futures amid persistent outflows.

Cardano Price Forecast: On-chain and derivatives weakness point to further ADA downside

Cardano Price Forecast: On-chain and derivatives weakness point to further ADA downside

Cardano extends losses, trading below $0.169 on Friday, with losses nearing 4% so far this week. Moreover, ADA is heading into its sixth consecutive weekly correction, down more than 30% since early October.

Top 3 Price Predictions: BTC, ETH and XRP extend losses as downside momentum dominates

Top 3 Price Predictions: BTC, ETH and XRP extend losses as downside momentum dominates

Bitcoin, Ethereum, and Ripple extend their sell-off on Friday as bearish momentum gathers. BTC breaks below the $70,000 psychological threshold, while ETH loses the $2,000 support level, raising the risk of further losses. Meanwhile, XRP continues to slide as sellers maintain control, threatening a deeper correction toward $1.00.

Hyperliquid gains on centralized exchanges as open interest crosses $18B

Hyperliquid gains on centralized exchanges as open interest crosses $18B

Hyperliquid's (HYPE) open interest climbed to a record $18.1 billion in September as the decentralized exchange gained ground against major centralized trading platforms, with its share of combined open interest across eight leading exchanges rising to 11.7% in Q3.
Bitcoin: Bears tighten grip as BTC eyes fifth weekly loss

Bitcoin: Bears tighten grip as BTC eyes fifth weekly loss

Bitcoin (BTC) remains under pressure, down over 3% this week, trading near $75,500 on Friday and heading for its fifth straight weekly loss. Persistent outflows from US-listed BTC spot Exchange Traded Funds (ETFs), a sharp sell-off in US technology stocks, and rising market liquidations are weighing on sentiment and limiting Crypto King’s recovery attempts.