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

FXStreet Team FXStreet

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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FXStreet Team

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Japanese Yen gains after hawkish Fed hold

USD/JPY trades near the 163.60 area on Wednesday, recovering from its immediate post-announcement decline as investors assess a generally hawkish Federal Reserve (Fed) monetary policy decision. The Federal Open Market Committee (FOMC) left the Fed funds rate unchanged within the 3.50%–3.75% range, as widely expected.

XRP edges up as Flare simplifies staking process

Ripple (XRP) holds modest gains, trading around $1.08 at the time of writing on Wednesday. The remittance token mirrors the general neutral-to-bullish outlook in the crypto market, as focus shifts to the Federal Reserve (Fed) rate decision. Market participants widely expect the Fed to leave interest rates unchanged in the 3.50%-3.75% range.

Crypto Today: Bitcoin, Ethereum, XRP post modest gains ahead of Fed rate decision

Cryptocurrency prices are broadly stable on Wednesday ahead of the Federal Reserve (Fed) interest rate decision. Bitcoin (BTC) holds above $64,000 but is struggling to sustain its rebound while Ethereum (ETH) sits above the short-term $1,900 support. Meanwhile, Ripple (XRP) is approaching the pivotal $1.10 resistance, a level that could shape the token’s upward trajectory if it is breached.

Bitcoin muted as markets fret over Fed, crypto bill

There are two main drivers for crypto this week, keeping Bitcoin trapped within its $58,000-$65,000 summer consolidation range. The cautious tone is being set by the Fed's policy decision scheduled later on Wednesday, a key catalyst for risk assets.

Bitcoin: BTC holds firm, but the $100 Oil threat could change the game

Bitcoin (BTC) is modestly recovering, trading at $65,400 on Friday and holding firmly above the key support zone. US-listed spot Bitcoin Exchange Traded Funds (ETFs) supported BTC’s modest recovery as they continued to attract institutional inflows through Thursday, pointing to the third consecutive week of inflows.