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Cryptocurrencies Price Prediction: Dogecoin, PancakeSwab & SushiSwab — Asian Wrap 22 July

Cryptocurrencies Price Prediction: Dogecoin, PancakeSwab & SushiSwab — Asian Wrap 22 July
FXStreet TeamFXStreet TeamFXStreet

Dogecoin price gains evaporate, putting a bullish DOGE outcome in doubt

Dogecoin price has been unable to overcome the determined resistance outlined by May’s descending trend line and today’s notable reversal of earlier gains suggests that DOGE will once again fail to close above the trend line. Until there is a definitive daily close above the trend line, the meme token will be stranded in a price range reinforced by the 200-day SMA and the head-and-shoulders neckline.

PancakeSwap screams buy, presenting an opportunity to profit by 85%

A brief technical and on-chain analysis on PancakeSwap price. Here, FXStreet's analysts evaluate where CAKE could be heading next as it seems bound for a bull rally.

SushiSwap flashes buy signal, SUSHI targets $8

A brief technical and on-chain analysis on SushiSwap price. Here, FXStreet's analysts evaluate where SUSHI could be heading next as it seems bound for higher highs.

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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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