Cryptocurrencies Price Prediction: Dogecoin, Shiba Inu & Bitcoin — Asian Wrap 29 August

FXStreet Team FXStreet

Dogecoin Price Prediction: The all-time high is now a 10x above the current DOGE price

Dogecoin price has lost 30% gains made this summer. A rise back towards all-time highs would result in 1,000 percent (10x) from DOGE’s current market value. A breach above $0.10 could be the first impulse wave of the future 10X rally.

How the Shiba Inu price is preparing to wipe all gains made this summer

Shiba Inu price is mirroring technicals forecasted throughout the beginning of summer. If market conditions persist, a breach of the July 13 swing low at $0.00000970 will likely occur. Shiba Inu price shows bearish signals that investors ought to be aware of. Since July, the notorious meme coin was setting up a bullish spike towards $0.00001700.

Why the Bitcoin price below $20,000 is a bad sign for Crypto

Bitcoin price could be communicating what to expect throughout the Fall as bearish signals continue to advance during the final days of August. Bitcoin price has fallen 20% since last week's $25,211 high was briefly established.

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Crypto Today: Bitcoin, Ethereum, XRP stay under pressure as investors turn more risk-averse

The cryptocurrency market trades under intense headwinds on Wednesday, led by Bitcoin’s (BTC) deepening sell-off below $60,000. The Crypto King hovers above $58,000.

Pi Network holds on thin ice with 76 million tokens ready to be unlocked

PI is holding steady around $0.1150 on Wednesday, stabilizing after three consecutive days of losses of around 10%. Pi remains under pressure, with more than 76 million tokens scheduled for unlocking in June, potentially accelerating the bearish trend.

Bitcoin sinks to 21-month low amid ETF outflows, US-Iran peace uncertainty

Bitcoin stabilizes around $59,000 after falling to a 21-month low of $57,800 on Wednesday. Geopolitical uncertainty remains elevated after Iran ruled out talks with US envoys, clouding prospects for a peace agreement and keeping risk sentiment fragile.

Jupiter positions for a trend reversal as network activity picks up

Jupiter is up 6% on Wednesday, crossing above its 200-day EMA at $0.2192. Network data shows a spike in monthly revenue and fees in June to a three-month high.

Bitcoin: BTC hits 20-month low, will the pain continue?

Bitcoin has remained under pressure this past week, losing over 5% as traders assess mixed signals from different parties involved in the Middle East conflict.