|

Cryptocurrencies Price Prediction: Dogecoin, Solana & Ethereum Classic — Asian Wrap 9 June

Dogecoin Price Prediction: DOGE primed for 25% impulse move

Dogecoin price has been on a slow descent since June 2 that took it below the mid-way point of a small range, indicating increased sellers. DOGE bulls' intention of reverting to the mean is apparent as it trades above a demand barrier. If DOGE breaks below $0.264, it will invalidate the bullish outlook.

Solana price quickly shakes off market purge, as SOL seeks higher prices

Solana price has been climbing higher, illustrating a rising wedge pattern that broke to the downside today as the cryptocurrency complex turned red. SOL has quickly recovered and is at the top of the leader board with a 9% gain, suggesting it is readying to continue the quest to the all-time high.


 
Ethereum Classic Price Prediction: ETC slump continues, but watch out for a bullish hammer reversal

Ethereum Classic price has been in a corrective decline since the May 24 bounce, presenting few actionable trading opportunities for investors. The volatility of the last two days reinforces the need to practice patience with the cryptocurrency. Still, it is important to note that ETC could close today with a bullish hammer candlestick pattern on the daily chart.

Author

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.

More from FXStreet Team
Share:

Editor's Picks

Uniswap Price Forecast: UNI tests 200-day EMA supply amid renewed retail demand
Uniswap (UNI) edges higher near an immediate resistance at $3.88 on Tuesday. The native decentralized exchange (DEX) token is defying a broader correction in the cryptocurrency market, even as Bitcoin (BTC) falls toward $63,000 from its July highs around $67,000.
XRP slides amid risk-averse pressure and ahead of Fed rate decision
Ripple (XRP) continues to trade under increasing pressure on Tuesday. This marks the second consecutive day of declines, reflecting broader risk-off sentiment as investors appear to shift gears in anticipation of the Federal Reserve (Fed) interest rate decision. On Wednesday, the Federal Open Market Committee (FOMC) is widely expected to leave interest rates unchanged in the 3.50%-3.75% range.
Crypto Today: Bitcoin, Ethereum, XRP remain under pressure as risk-off sentiment persists
Bitcoin (BTC) is falling toward the immediate $63,000 support at the time of writing on Tuesday, weighed down by continued risk-off sentiment. Altcoins, including Ethereum (ETH) and Ripple (XRP), remain under pressure, trading below $1,900 and $1.10, respectively. Crypto market sentiment remains largely unresponsive and in the Fear territory, as reflected in the Fear & Greed Index.
Bitcoin price prediction: Is $60K back in focus as headwinds mount?
Bitcoin is falling towards 63k, at a 10-day low, as a sell-off in AI-linked stocks has hit risk sentiment, spilling over into cryptocurrencies and as investors look cautiously ahead to tomorrow's FOMC rate decision. Bitcoin is down 2.7% over the past 24 hours and more than 4% over the past seven days as it extends its pullback from 67k the July high reached last week.
Bitcoin: BTC holds firm, but the $100 Oil threat could change the game
Bitcoin (BTC) is modestly recovering, trading at $65,400 on Friday and holding firmly above the key support zone. US-listed spot Bitcoin Exchange Traded Funds (ETFs) supported BTC’s modest recovery as they continued to attract institutional inflows through Thursday, pointing to the third consecutive week of inflows.