Cryptocurrencies Price Prediction: Dogecoin, MATIC and Bitcoin – European Wrap 11 November


Dogecoin price provides perfect buy opportunity for a 50% breakout

Dogecoin price has been stuck under a crucial barrier for roughly five months. Although DOGE rallied on October 28, it failed to push through this hurdle, leading to consolidation. However, the increased coiling up suggests that the dog-themed cryptocurrency is due for a breakout.

DOGE/USDT 1-day chart

MATIC price to restart 150% breakout as a crucial trend reversal signal emerges

MATIC price is traversing an incredibly bullish pattern, which triggered a massive bull run on October 29. However, the buying momentum fell short, and the flash crash on November 11 brought Polygon back to the breakout point, where it will give the uptrend another go.

MATIC/USDT 1-day chart

Analyst predicts Bitcoin price could easily hit $250k by January 2022

Bitcoin price recently recorded a new all-time high at near $69,000 on November 10 fueled by sustained inflation. The argument that the leading cryptocurrency is a hedge against rising cost pressures has been fueled by inflationary fears. While BTC skyrocketed to a new record high, a prominent analyst believes that the flagship digital asset could reach $250,000 by January 2022.BTCUSDT

 

 

 

 

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Dogecoin is a security and will be regulated, says Jim Cramer

The host of Mad Money, a CNBC show, issued a warning to Dogecoin holders. Cramer believes that Dogecoin is a security and it will be regulated soon. Analysts believe that the Dogecoin price could start an uptrend. 

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Shiba Inu price set to crash by 70% as critical support weakens

Shiba Inu (SHIB) price continues to be controlled by bears after the dead-cat bounce in stock markets yesterday evening. With the Nasdaq closing sharply lower, giving up earlier gains, cryptocurrencies are being dragged into a selloff on its coattails, and bearish headwinds  persist.

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Chainlink price at make-or-break point while global markets tumble

Chainlink price has seen a massive collapse over the past five days, resulting in a retest of a crucial barrier. This downswing is not localized to the crypto markets and seems to originate on Wall Street after the Fed tightens the interest rates.

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Bitcoin Weekly Forecast: BTC may capitulate to $30,000

Bitcoin price has dropped considerably over the last three weeks. The recent downswing has made things worse for BTC and hints that a steep correction could be on its way.

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Bitcoin: BTC may capitulate to $30,000

Bitcoin price has dropped considerably over the last three weeks. The recent downswing has made things worse for BTC and hints that a steep correction could be on its way.

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