Cryptocurrencies Price Prediction: Litecoin, Dogecoin & Shiba — Asian Wrap 24 April

FXStreet Team FXStreet

Litecoin price and LTC holders stuck in dilemma as third halving nears

Litecoin price shows a clear sign that it has no directional bias whatsoever. Investors need to be patient for a signal before they can hop on any LTC trades.

Can this Dogecoin price pattern pull DOGE out of the dump and trigger 50% move?

Dogecoin price shows a W pattern formation of the three-day chart and hints at a bullish future. However, DOGE holders have already suffered a loss after the dog-themed crypto failed to pump on April 20 (420).

Shiba Inu price primed for 20% rally as SHIB seizes opportunity after Dogecoin’s failure

Shiba Inu price has been tightly wound between two levels since March 14. Carefully observing the movement reveals a trend to it, which suggests that SHIB is primed for a quick upswing.

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Avalanche struggles near $12 as Grayscale files updated form for ETF

Avalanche trades close to $12 by press time on Wednesday, extending the nearly 2% drop from the previous day. Grayscale filed an updated form to convert its Avalanche-focused Trust into an ETF with the US Securities and Exchange Commission.

Bitcoin slips below $87,000 as ETF outflows intensify, whale participation declines

Bitcoin price continues to trade around $86,770 on Wednesday, after failing to break above the $90,000 resistance. US-listed spot ETFs record an outflow of $188.64 million on Tuesday, marking the fourth consecutive day of withdrawals.

Michael Selig assumes role as new CFTC Chair, what does this mean for crypto?

Michael Selig has been sworn in to serve as the 16th Chairman of the Commodity Futures Trading Commission. Selig was confirmed by the US Senate to head the commission last week, following his October nomination by the US President Donald Trump.

Crypto.com hires sports trader for event prediction market-making

Crypto.com plans to recruit a quant trader for the sports market-making team to buy and sell financial contracts related to these events. Opponents argue that internal trading desks put operators or their affiliates on the opposite side of customer trades.

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Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.

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