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Cryptocurrencies Price Prediction: Ethereum, Dogecoin & Bitcoin – American Wrap 17 November

Cryptocurrencies Price Prediction: Ethereum, Dogecoin & Bitcoin – American Wrap 17 November
FXStreet TeamFXStreet TeamFXStreet

Ethereum price crash halted, but the point of max pain is yet to come

Ethereum (ETH) price saw its uptrend grind to a halt on Tuesday as ETH price shed 10% of its value. During the rout, many bulls got stopped out of their long positions, and this saw an acceleration of buy-side demand declining. Now bulls are not picking up ETH coins at $4,060, which opens the door for bears to push the price even further towards $3,687 or $3,391 in the near term.

Dogecoin price remains at risk of crashing to $0.18

Dogecoin price on a knife’s edge, significant drop forecasted if buyers dry up. Bullish fundamental data regarding the Dogecoin-funded DOGE-1 satellite fails to entice buying. The threshold to keep Dogecoin from falling becomes increasingly difficult to overcome. Dogecoin price has, like the majority of the cryptocurrency market, faced strong selling over the past few days. But unlike most altcoins, Dogecoin is positioned against an imminent price collapse.

Bitcoin investors shake with fear as Mt. Gox prepares to dump 141,000 BTC

Analysts believe that Mt. Gox's comeback combined with the recent Bitcoin spot ETF rejection has triggered a drop in BTC price. The Bitcoin tokens that Mt.Gox exchange is expected to return to investors and traders were acquired between $100 to $1000. This could trigger a cascading sell-off in Bitcoin. 

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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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XRP defends $1.30 support as Ripple partners with Arf to bring RLUSD settlement liquidity to XRPL

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Bitcoin Weekly Forecast: BTC extends pullback as ETF inflows clash with risk-off sentiment

Bitcoin Weekly Forecast: BTC extends pullback as ETF inflows clash with risk-off sentiment

Bitcoin remains under pressure, trading around $81,800 on Friday, recording modest losses so far this week. Despite a mild pullback, institutional demand showed signs of a comeback with spot ETFs recording $442.67 million in net inflows through Thursday.

Crypto Today: Bitcoin holds the 50-day EMA as Ethereum and XRP face structural resistance

Crypto Today: Bitcoin holds the 50-day EMA as Ethereum and XRP face structural resistance

Bitcoin gradually ticks up on Friday, trading above $81,000. The Crypto King has recently defended structural support near $80,000, reinforcing the prevailing bullish outlook. Ethereum similarly edges higher above $2,400, while Ripple trades above $1.32 after testing support around $1.30.

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Pi Network (PI) price is up 2% on Friday, showing signs of recovery while the broader cryptocurrency market faces near-term weakness. The crypto market sentiment eases to neutral from bullish amid rising long liquidations.

Bitcoin extends pullback as ETF inflows clash with risk-off sentiment

Bitcoin extends pullback as ETF inflows clash with risk-off sentiment

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