Cryptocurrencies Price Prediction: Polkadot, Algorand & DogeCoin — Asian Wrap 01 Apr

FXStreet Team FXStreet

Polkadot price has a bullish target at $26, here’s what to expect next

Polkadot price has rallied 20% in the last two weeks, establishing a new swing high at $23.33. It was forecasted on March 15 that a triangle formation could project a 38% rally for the Polkadot price. Now that the DOT price has halfway validated the corrective WXY pattern, the bulls are experiencing downside pressure from the bears.

Algorand price could rally to $1.06 if the bulls maintain support

Algorand price has consolidated all week as the digital asset currently hovers at $0.92. It was mentioned in last week's thesis that the bulls would likely be trailing up stops as the first target for the March 16th trade setup was successfully reached at $0.87.

DogeCoin price has weak hands losing sight of a future 20% bull rally targeting $0.16

DogeCoin price fooled traders this week as price impulsively blew past pullback zones. DogeCoin price has rallied since last week's thesis, establishing a new swing high at $0.1544. When analyzing the rally on the 2-day Chart, the popular meme coin seems to have breached the parallel trend channel, which fits standard Wave 3 criteria.

Author

FXStreet Team

FXStreet

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.

Ripple falls below $1.20 despite Africa stablecoin payments push

XRP corrects to trade below $1.20 following early-week rejection at $1.28 and broader crypto market weakness. XRP remains under pressure from declining major moving averages, undermining the MACD buy signal.

Crypto Today: Bitcoin, Ethereum, XRP trim breakout gains as focus shifts to Fed decision

Cryptocurrency prices broadly decline as investors show caution toward risk assets ahead of the Fed's interest rate decision on Wednesday. Bitcoin (BTC) holds around $65,000 after correcting from its Monday high of $67,292.

Ondo Price Forecast: Multiple trendline rejections, fading bullish momentum warn of a steeper correction

Ondo price hovers around $0.3700 at press time on Wednesday, maintaining a broader corrective phase under the influence of a resistance trendline. Retail demand for ONDO remains firm, driven by the tokenization trend for traditional stocks and other Real World Assets.

Bitcoin steadies near $66,000 as markets await first Warsh-led Fed decision

Bitcoin steadies near $66,000 at the time of writing on Wednesday as investors await the Fed’s interest rate decision. Institutional demand shows slight improvement as spot Exchange Traded Funds recorded a mild inflow on Tuesday, after weeks of outflows.

Experts agree: Bitcoin nears bottom, but weak demand raises doubts

Bitcoin (BTC) is trading above $63,000 at the time of writing on Friday after rebounding from the key 200-week Simple Moving Average (SMA) near $62,000, a level widely viewed as key long-term support. The recovery may suggest that Bitcoin has found a floor after a sharp correction that spanned more than a month, but some warning signs persist.