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Cryptocurrencies Price Prediction: Polkadot, Litecoin & Dogecoin — Asian Wrap 23 Nov

Cryptocurrencies Price Prediction: Polkadot, Litecoin & Dogecoin — Asian Wrap 23 Nov
FXStreet TeamFXStreet TeamFXStreet

Polkadot presents a powerful buy opportunity before DOT breaks out to $68

Polkadot price has two powerful Point and Figure patterns in development. As a result, strong movement in the direction of either entry is expected – but the trend favors the long side of the trade. Polkadot price has two trade setups developing on its Point and Figure chart. 


 
Litecoin debuts in Estonia’s LHV Pank while LTC price struggles to overcome stiff resistance

Litecoin (LTC) is gaining traction as the first bank in Estonia, LHV, announced trading in LTC and other crypto assets. The token now consolidates in a narrow trading range between $230 and $210 despite the significance of the news.

Dogecoin positioned for steep correction towards $0.18

Dogecoin price is now in the most bearish Ichimoku position since May 2021. Additionally, bears remain in control and look for opportunities to push Dogecoin lower to the $0.18 value area – the final support before total capitulation would occur.

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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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Bitcoin: Bulls hold the line

Bitcoin: Bulls hold the line

Bitcoin (BTC) edges slightly lower, trading at $64,300 at the time of writing on Friday but holding firmly above a key support zone. US-listed spot Bitcoin Exchange Traded Funds (ETFs) support BTC as they continued to attract institutional flows through Thursday, pointing to the fourth consecutive week of net inflows.