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Cryptocurrencies Price Prediction: Shiba Inu, Dogecoin & Solana– American Wrap 12 October

FXStreet Team FXStreet

Shiba Inu price has one-way ticket toward $0.00003500

Since September, Shiba Inu price (SHIB) has been on a winning streak, with price action fading on October 7. Bulls have been very controlled and patient for another entry and are now shifting back into gear for a new attempt to claim $0.00003535. From there, $0.00004000 will be in the cards as a completion of this rally.

Dogecoin price will test $0.16 before DOGE follows Shiba Inu's rally

A brief technical and on-chain analysis on Dogecoin price. Here, FXStreet's analysts evaluate a few indicators that may reveal where DOGE is going next.

Solana bound for further losses as SOL eyes $125

Solana price has drifted lower ever since hitting the most recent swing high of $177 on October 3rd. There have been several attempts to position Solana into conditions that would create an extremely bullish entry within the Ichimoku system, but all attempts have failed. So instead, Solana has slowly drifted south.

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FXStreet Team

FXStreet

Pepe Price Forecast: PEPE risks 100-day EMA fallout as bullish interest fades

Pepe is under extreme selling pressure, trading in the red for the fifth consecutive day, down 1% at press time on Friday. Pepe’s decline following a 72% hike last week suggests a likely profit-booking phase, while on-chain data indicates declining network activity.

Top 3 Price Prediction: Bitcoin, Ethereum, and Ripple find key support, reviving rally hopes

Bitcoin, Ethereum, and Ripple steadied above key support levels on Friday after being rejected at mid-week resistance zones. The short-term recovery prospects remain intact if the top three cryptocurrencies by market capitalization hold these support zones.

Top Crypto Gainers: JasmyCoin, Polygon, and Monero continue upward trajectory

JasmyCoin, Polygon, and Monero extend gains over the last 24 hours. JasmyCoin struggles to surpass its key psychological resistance, while Polygon and Monero extend their recovery. Still, the technical outlook for these coins remains mixed as the broader cryptocurrency market stalls.

XRP slides as institutional and retail demand falters

Ripple (XRP) is trading down for the third consecutive day on Thursday amid escalating volatility in the cyrptocurrency market. After peaking at $2.41 on Tuesday, its highest print since November 14 amid the early-year rally, XRP has quickly ran into aggressive profit-taking.

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Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.