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Cryptocurrencies Price Prediction: SafeMoon, Dogecoin and Etheruem – European Wrap 23 June

Cryptocurrencies Price Prediction: SafeMoon, Dogecoin and Etheruem – European Wrap 23 June
FXStreet TeamFXStreet TeamFXStreet

Three reasons why SafeMoon price might rally 60% soon

SafeMoon price has experienced a massive sell-off since June 15 as it deviated below its previous range low established on May 23. However, this deviation is likely to revert to the mean, providing an excellent opportunity for an uptrend.

SAFEMOON/USDT 4-hour chart

Dogecoin Price Prediction: DOGE comeback might propel it up by 26%

Dogecoin price slid below the May 19 range low to create a new bottom as the entire cryptocurrency market underwent a sell-off. Although DOGE has rallied considerably since setting up the recent swing low, more gains seem to be on the horizon.

DOGE/USDT 6-hour chart

Ethereum Price Forecast: ETH targets $2,400 before facing next hurdles

Ethereum price made a lower low on June 22, plunging below the $1,732 mark recorded amid the May market crash. While ETH price action followed the leading cryptocurrency as it faced recent negative news headlines, including China’s ban on digital assets, the second-largest crypto is heading for a swift recovery. 
Ethusdt

 

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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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Crypto Today: Bitcoin, Ethereum, XRP recovery slows amid incessant capital outflows

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

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

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.