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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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XRP edges lower despite record on-chain activity and steady ETF inflows

Ripple is trading under pressure at the time of writing on Thursday, after bulls failed to break the short-term resistance at $2.22. The reversal may extend toward Monday’s low of $1.98, especially if risk-off sentiment persists in the broader cryptocurrency market.

Aster lags recovery as perpetual DEX releases new roadmap on infrastructure, utility and ecosystem 

Aster is consolidating above $1.05 at the time of writing on Thursday, reflecting lethargic sentiment in the broader cryptocurrency market. The token native to the perpetual Decentralised Exchange had recovered from Monday's low of $0.88 but stalled around $1.08 on Wednesday.

Hyperliquid Price Forecast: Bulls aim breakout as RSI and MACD flash buy signal

Hyperliquid struggles to surface above $35 as a local resistance trendline caps the two-day recovery run. Hyperliquid Strategies Inc. (PURR) transfered 12 million HYPE tokens to Hypercore and staked 425,000 tokens, which reflects confidence. 

Cardano builds recovery momentum as sentiment improves

Cardano is extending its recovery for the second consecutive day, trading at around $0.4400 at the time of writing on Thursday. If this recovery leg from Monday's $0.3707 level steadies in the coming days, Cardano bulls could push toward a bullish December.

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Bitcoin: BTC steadies as data suggests local bottom

Bitcoin (BTC) hovers around $91,000 at the time of writing on Friday, extending its recovery by 5% so far this week. On the institutional front, a modest outflow from US-listed spot Bitcoin Exchange Traded Funds (ETFs) marks a slowdown from previous weeks and signals a reduction in selling pressure, further supporting BTC’s recovery.