Cryptocurrencies Price Prediction: Ethereum, Dogecoin & Bitcoin – American Wrap 14 July

FXStreet Team FXStreet

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Powell says private cryptos may not be necessary, while BTC nears a volatility surge

Bitcoin price continues to tighten, compressing the Bollinger Band Width (BBW) to the lowest reading since October 15, 2020. Ethereum price briefly loses grip on the critical ascending trend line originating in March 2020, but beware of a bear trap. XRP loses pivotal $0.650 support, but Average True Range (ATR) has compressed to the early April levels, hinting at incoming volatility.

Bitcoin investors in extreme fear, unaware of incoming bullish supply shock

Bitcoin Fear and Greed index shows that fear has gripped the market for over 60 days in a row. The popularity and demand for altcoins with small market capitalization have increased. No big spikes are noted in Bitcoin net flows, whales with less than 10,000 Bitcoins continue accumulating.

Dogecoin price finds local bottom, DOGE targets $0.30

Dogecoin price is on a five-day losing streak with no new highs since. The meme coin is getting squeezed to the downside. As DOGE enters correction territory, time for buyers to look for longs. Dogecoin price has not had the best series of numbers in the past few days. With the push to the downside and monthly pivots each time broken to the downside, it is fishing in the bottom for some support.

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FXStreet Team

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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.