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Cryptocurrencies Price Prediction: Polkadot, Solana and Dogecoin – European Wrap 29 December [Video]

Cryptocurrencies Price Prediction: Polkadot, Solana and Dogecoin – European Wrap 29 December [Video]
FXStreet TeamFXStreet TeamFXStreet

European telecom giant Deutsche partners with Polkadot, obtain DOT tokens

An international service provider, T-Systems of Deutsche Telekom, has announced its partnership with Polkadot. The Polkadot network supports interoperability between decentralized blockchains. 

Experts believe Solana price is on the cusp of a massive explosion to $200

Analysts observe top signals in the Solana price chart and predict a recent drop recovery. The network’s transaction fees remain low, attracting capital inflow and users to Solana. 

Dogecoin price recovers quickly from 10% drop in previous day

Dogecoin (DOGE) got caught on the wrong side of the fence yesterday with a nosedive correction of 10% that tested the red descending trend line from August 16. With that test, the bulls jumped in to use the bounce-off as an entry point which sees a higher opening today. If bulls play this right and more investors already join the price action, expect a possible bullish rally towards the 55-day Simple Moving Average (SMA), holding 20% of gains.

DOGE/USD daily chart

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Bitcoin: The capitulation phase unfolds

Bitcoin: The capitulation phase unfolds

Bitcoin (BTC) market structure continues to deteriorate as the capitulation phase begins to take shape, with BTC sliding below $97,000 on Friday and extending losses to more than 7% so far this week.