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Cryptocurrencies Price Prediction: Ethereum, Dogecoin & Bitcoin – American Wrap 23 January

Ethereum Price Forecast: ETH recovery imminent with Etherealize launch as Pectra upgrade slated for March 11

Ethereum (ETH) trades near $3,200 as positive sentiment is slowly returning into its ecosystem with the launch of Etherealize and anticipation surrounding the potential March 11 Pectra mainnet upgrade.

ETH/USDT weekly chart

Dogecoin Price Forecast: Will Bitwise ETF filing drive DOGE to $1?

Dogecoin price declined 5% on Wednesday, trading as low as $0.35 on Binance. Recent movements signal a sell-the-news frenzy after a cluster of bullish catalysts emerged within the DOGE markets this week. Can bull traders hold out for an early DOGE price rebound?  

Bitcoin Price Forecast: BTC edges below $102K ahead of mid-tier US data and Trump’s tariff threats

Bitcoin’s (BTC) price continues to decline, trading below $102,000 at the time of writing on Thursday after falling 2.3% the previous day. Later in the day, BTC could expect volatility after the US weekly Initial Jobless Claims data release. In an interview with Bloomberg Live on Wednesday, BlackRock CEO Larry Fink said BTC could raise to $700,000.

Total Bitcoin spot ETF net inflow chart. Source: Coinglass

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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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Ripple Prime opens 100+ RWA perp markets on Hyperliquid as HYPE rebounds

Hyperliquid (HYPE) rebounded toward $82 on Thursday after an earlier drop to $77 on hotter-than-expected US inflation. Ripple Prime now offers institutions more than 100 RWA perpetual swap markets on Hyperliquid. HYPE dropped below $80 after US producer price index inflation rose 6.3% year-over-year in September, exceeding expectations of 5.3%.

Injective Price Forecast: INJ extends rally as CEO meets US policymakers to push advanced tokenization

Injective is inching closer to $9, extending a steady rebound from the 50-day EMA, which was at $6.59 last week. Injective’s CEO Eric Chen met with senior US officials on Wednesday to advance tokenization and on-chain finance within US regulatory frameworks.

Top 3 Price Predictions: BTC holds $80,500, ETH rebounds from key support, XRP weakens

Bitcoin, Ethereum, and Ripple show mixed price action on Friday, with BTC and ETH holding above key support levels while XRP struggles below key resistance. Meanwhile, sticky inflation figures have dampened risk appetite, and momentum indicators for these top three cryptocurrencies have also weakened, signaling a risk of a deeper correction if key support fails to hold.

Ethereum reclaims $2,400 as PPI hits 6.3% and yields fall
Ethereum (ETH) is back above $2,400 on Thursday, rebounding from a brief decline toward $2,340, which was sparked by an upside surprise in the US wholesale inflation report. The Producer Price Index (PPI) increased 1.3% monthly and 6.3% annually in September, far above expectations of 0.5% and 5.3%, respectively.
Bitcoin: Uptober or Rektober?
Bitcoin (BTC) price is down over 4% so far this week, trading below $83,000 at the time of writing on Friday as mounting selling pressure threatens to derail the seasonal “Uptober” rally. Profit-taking, a surge in long liquidations and weakening demand from institutional investors are weighing on BTC.