TRENDING:
EUR/USD
GBP/USD
XAU/USD
Trade War
USD/CAD
AUD/USD
Sponsored by
Login
|

Cryptocurrencies Price Prediction: Solana, Avalanche & DogeCoin — Asian Wrap 21 July

Cryptocurrencies Price Prediction: Solana, Avalanche & DogeCoin — Asian Wrap 21 July
FXStreet TeamFXStreet TeamFXStreet

Here’s a recap of the successful trades we forecasted for Solana price this week

Solana price has been a very enjoyable chart to trade, however partaking in additional moves is ill-advised until further evidence can depict a safe entry. Solana price currently trades at $42.70. It was mentioned in the last thesis to continue maintaining a short term bullish bias as the Solana price targeted liquidity levels in the $47 region. 

AVAX price rallies 50% in 10 days, here’s what could happen next [Video]

Avalanche price movies in unison with the rest of the market. The Ethereum-based gaming token still has more upside potential. Avalanche price may have traders in disbelief as the digital asset continues to rally higher. Invalidation of the uptrend is a breach below $22.

Don’t stake Dogecoin on Binance: Developers warn DOGE holders

Dogecoin developers took to Twitter to express this disapproval of Binance’s DOGE staking program. Binance recently announced a new program for Litecoin and Dogecoin “Locked Staking” without detailed risk exposure. Analysts predicted a quick run up to $0.082 as Dogecoin breaks out of its downtrend. 

Author

FXStreet Team

More from FXStreet Team
Share:

Markets move fast. We move first.

Orange Juice Newsletter brings you expert driven insights - not headlines. Every day on your inbox.

By subscribing you agree to our Terms and conditions.

Editor's Picks

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

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 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

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

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.

Orange Juice Newsletter – Smart insights by real people. Every day.

Orange Juice Newsletter – Smart insights by real people. Every day.

A free newsletter highlighting key market trends to help traders stay a step ahead. Daily insights on the most relevant trading topics, compiled by our experts in an easy-to-read format so you never miss an important move.

Bitcoin: Fed delivers, yet fails to impress BTC traders

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.