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Cryptocurrencies Price Prediction: Shiba Inu, Dogecoin & VeChain — Asian Wrap 15 February

Shiba Inu Price Prediction: Another 1x rally in sight after the pullback?

Shiba Inu price shows the potential to endure the short-term downtrend and become a much higher-valued crypto asset in the coming weeks. Traders should continue to watch the notorious meme coin for a potential move. 

Dogecoin Price Prediction: One more drop and then uptrend again?

Dogecoin price is showing weak retaliation signals, which could suggest that investors are not finished taking profit from the winter rally. Key levels have been defined to gauge DOGE’s next potential landing ground.

VeChain Price Prediction: Will the third bounce restart the rally?

VeChain price is displaying auction market behavior that should be closely watched. Key levels have been identified to determine when VET may create a profitable trading opportunity.

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Pi Network Price Forecast: PI flashes bearish potential as selling pressure mounts

Pi Network trades above $0.2000 at press time on Thursday, following a nearly 2% decline the previous day. Centralized Exchanges have received 1.90 million PI tokens over the last 24 hours, suggesting risk-off sentiment among holders.

Algorand Price Forecast: ALGO eyes further upside as falling-wedge retest holds

Algorand (ALGO) price steadies around $0.136 on Thursday, nearing a key support level; if it holds, it suggests further upside. Bullish sentiment strengthens as ALGO’s on-chain and derivatives data indicate improving trader sentiment.

Top Crypto Losers: Pump.fun, Story, and Pudgy Penguins test key support levels

Pump.fun (PUMP), Story (IP), and Pudgy Penguins (PENGU) experience intense selling pressure over the last 24 hours. PUMP and IP failed to cross the 50-day Exponential Moving Average, resulting in a pullback on Wednesday, while PENGU is testing its 50-day EMA.

XRP faces selling pressure as key on-chain metric resets and ETF inflows weaken

Ripple (XRP) is trading downward but holding support at $2.22 at the time of writing on Wednesday, as fear spreads across the cryptocurrency market, reversing gains made from the start of the year.

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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.