|

Cryptocurrencies Price Prediction: Ethereum, Shiba Inu & Bitcoin – American Wrap 13 January

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Dead cat lures but bulls hold the key

Bitcoin price and other majors, for that matter, are keeping investors on their toes this morning as most cryptocurrencies are seen hitting obstacles in their trudge higher – performing minor pullbacks after Asian equities were unable to book a third consecutive winning streak. It is critical, in all three significant pairs, that bulls keep their act together and price action remains muted with no significant fades, in order to indicate the recovery has merely been a dead-cat bounce. If investors can uphold their positions and don’t fall into panic selling, more upside and gains are on the table by Friday and over the weekend.

Ethereum must close the week above $3,300 or ETH will resume selling

Ethereum price has undoubtedly made some wild swings this week. Dropping below the $3,000 zone caused some jitter among market participants, but so far, buyers have been very supportive and responsive – but that conviction will need to be maintained.

Shiba Inu Price Prediction: Bulls positioned to launch SHIB 46% higher

Shiba Inu price is preparing for a significant breakout as SHIB approaches a critical level of resistance. If the canine-themed token manages to slice above one crucial hurdle, a 46% ascent toward $0.00004693 is on the radar.

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

Crypto Today: Bitcoin, Ethereum, XRP stay under pressure as investors turn more risk-averse

The cryptocurrency market trades under intense headwinds on Wednesday, led by Bitcoin’s (BTC) deepening sell-off below $60,000. The Crypto King hovers above $58,000.

Pi Network holds on thin ice with 76 million tokens ready to be unlocked

PI is holding steady around $0.1150 on Wednesday, stabilizing after three consecutive days of losses of around 10%. Pi remains under pressure, with more than 76 million tokens scheduled for unlocking in June, potentially accelerating the bearish trend.

Bitcoin sinks to 21-month low amid ETF outflows, US-Iran peace uncertainty

Bitcoin stabilizes around $59,000 after falling to a 21-month low of $57,800 on Wednesday. Geopolitical uncertainty remains elevated after Iran ruled out talks with US envoys, clouding prospects for a peace agreement and keeping risk sentiment fragile.

Jupiter positions for a trend reversal as network activity picks up

Jupiter is up 6% on Wednesday, crossing above its 200-day EMA at $0.2192. Network data shows a spike in monthly revenue and fees in June to a three-month high.

Bitcoin: BTC hits 20-month low, will the pain continue?

Bitcoin has remained under pressure this past week, losing over 5% as traders assess mixed signals from different parties involved in the Middle East conflict.