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Cryptocurrencies Price Prediction: Polkadot, Shiba Inu & Dogecoin – American Wrap 29 September

Four reasons why Polkadot price will double by end of October

Polkadot price has been stuck in a consolidation phase for roughly a month. However, this trend might be coming to an end due to three significant reasons. As a result, investors can expect DOT to start a massive bull rally over the coming month.

Shiba Inu price breaks out to the upside, targeting $0.0000076

Shiba Inu (SHIB) price action has been forming a pennant since September 24, and it looks ready for a break to the upside with bulls defending the black ascending trend line in the pennant. On the upside, bulls face some resistance around $0.00000760. In case the bull run can gain momentum, expect a further breakout toward $0.00000800.

Dogecoin Price Prediction: DOGE stands to shed 30% of its value

Dogecoin price (DOGE) action looks to fall further as it is shedding more of its value as bears attempt to squeeze against the bulls. For now, the S1 monthly support level is holding. A break below would spell 30% losses with a price target at $0.13.


 

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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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