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Cryptocurrencies Price Prediction: Polkadot, Dogecoin and Shiba Inu – European Wrap 25 August

Cryptocurrencies Price Prediction: Polkadot, Dogecoin and Shiba Inu – European Wrap 25 August
FXStreet TeamFXStreet TeamFXStreet

Polkadot price prepares for a 10% haircut as top formation matures

Polkadot price shows signs of potential reversal as it starts to retrace after the recent rally. This development could allow bears to make some moves, especially if they are able to undo a portion of the recent gains.

DOT/USDT 4-hour chart

How to be on the winning side of Dogecoin price’s 20% rally?

Dogecoin price shows no signs of an uptrend as it has consolidated after a recent crash. This move is likely to dig a little deeper before buyers come out of the woodwork and potentially trigger another leg-up.

 
DOGE/USDT 1-day chart

Will Shiba Inu price provide buy signal before exploding to $0.0000200

Shiba Inu price is looking to find a stable support floor that doubles as a launching pad after it undid its explosives rally in under a week. This development could take SHIB to the volume point of control (POC), where large buyers are likely to step in and trigger another rally.

SHIB/USDT 4-hour chart

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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.

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Cryptocurrencies Price Prediction: Polkadot, Dogecoin and Shiba Inu – European Wrap 25 August