TRENDING:
EUR/USD
GBP/USD
XAU/USD
Trade War
USD/CAD
AUD/USD
Sponsored by
Login
|

Cryptocurrencies Price Prediction: Dogecoin, Shiba Inu & Bitcoin — Asian Wrap 07 Feb [Video]

Cryptocurrencies Price Prediction: Dogecoin, Shiba Inu & Bitcoin — Asian Wrap 07 Feb [Video]
FXStreet TeamFXStreet TeamFXStreet

Dogecoin creator Billy Markus is ready for a trend reversal in the memecoin

Co-founder of Dogecoin, Billy Markus, recently commented on his bullish outlook on the Shiba-Inu-themed memecoin. Markus believes Dogecoin is ready for a trend reversal as it inches closer to $0.15. Analysts predicted the Dogecoin price trend could get interesting in the midterm if it remains above support. 

Whales continue Shiba Inu accumulation in recent price drop, purchase 63 billion SHIB

63 billion Shiba Inu tokens were accumulated by large wallet investors in the recent dip. Ethereum whales have accumulated Shiba Inu through recent crypto bloodbaths, diversifying their portfolio. Shiba Inu transaction count dropped by 50%, fueling a bearish outlook among investors. 

Bitcoin price breaks three-month downtrend line, indicators imply bullish shift in sentiment

The Bitcoin Fear & Greed Index has moved into the orange zone, implying that investor outlook on BTC is bullish. Jack Dorsey proposes Universal Basic Income powered by Bitcoin could boost demand for the asset. Bitcoin price crosses $41,000, adding $170 billion to the crypto market capitalization overnight. 

Author

FXStreet Team

More from FXStreet Team
Share:

Markets move fast. We move first.

Orange Juice Newsletter brings you expert driven insights - not headlines. Every day on your inbox.

By subscribing you agree to our Terms and conditions.

Editor's Picks

Ripple faces persistent bear risks, shrugging off ETF inflows

Ripple faces persistent bear risks, shrugging off ETF inflows

Ripple is extending its decline for the second consecutive day, trading at $2.06 at the time of writing on Friday. Sentiment surrounding the cross-border remittance token continues to lag despite steady inflows into XRP spot ETFs. 

Luna Classic soars 20% as Do Kwon's sentence hearing looms

Luna Classic soars 20% as Do Kwon's sentence hearing looms

Luna Classic surges 20% on Friday, extending its recovery for the fourth consecutive day. Roughly 959 million tokens have been burned in December so far, fueling LUNC's recovery.

Crypto Today: Bitcoin, Ethereum, XRP pare gains despite increasing hopes of upcoming Fed rate cut

Crypto Today: Bitcoin, Ethereum, XRP pare gains despite increasing hopes of upcoming Fed rate cut

Bitcoin (BTC) is steadying above $91,000 at the time of writing on Friday. Resistance at $94,150 capped recovery on Wednesday, but in the meantime, bulls have contained downside risks above $90,000. 

Ethereum strengthens against BTC post-Fusaka, targeting $3,200 breakout

Ethereum strengthens against BTC post-Fusaka, targeting $3,200 breakout

Ethereum trades above $3,100 on Friday, with bulls aiming for a breakout above a two-month-old resistance trendline. Ethereum gains strength against Bitcoin as demand for the major altcoin increases after the Fusaka upgrade.

Orange Juice Newsletter – Smart insights by real people. Every day.

Orange Juice Newsletter – Smart insights by real people. Every day.

A free newsletter highlighting key market trends to help traders stay a step ahead. Daily insights on the most relevant trading topics, compiled by our experts in an easy-to-read format so you never miss an important move.

Crypto Today: Bitcoin, Ethereum, XRP pare gains despite increasing hopes of upcoming Fed rate cut

Crypto Today: Bitcoin, Ethereum, XRP pare gains despite increasing hopes of upcoming Fed rate cut

Bitcoin (BTC) is steadying above $91,000 at the time of writing on Friday. Resistance at $94,150 capped recovery on Wednesday, but in the meantime, bulls have contained downside risks above $90,000.