|

Cryptocurrencies Price Prediction: Solana, Dogecoin & Binance Coin — Asian Wrap 20 December

Solana price aims for $9 as bears make their presence known

Solana price fell by 8% from the previous week. SOL has yet to retest three significant moving averages during this year's downtrend. A breach above last week's trading range is needed to consider a retracement into the breached moving indicators.

Dogecoin Price Prediction: Is US inflation weighing down on DOGE?

Dogecoin price confirms last month's bearish bias report as the notorious meme coin takes a market plunge. Now that the sell-off is underway, traders are forced to question where the bears will aim. Invalidation of the bearish outlook is a breach above $0.076.

Binance US wins bid for Voyager’s $1 billion in assets flaunting $10 million in good faith

Binance US has outbid other interested parties to acquire crypto assets worth $1.022 billion from the defunct crypto exchange, Voyager Digital, according to a press release from Voyager. Binance will reimburse Voyager up to $15 million to cover "uncertain expenses."

Author

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.

More from FXStreet Team
Share:

Editor's Picks

Ripple technical weakness persists as selling intensifies toward $1.00

Ripple grinds lower, trading around $1.10 at the time of writing on Wednesday. The sticky bearish outlook mirrors the broader crypto market, with major coins such as Bitcoin and Ethereum facing weak demand as investors de-risk.

Crypto Today: Bitcoin, Ethereum, XRP face downside pressure amid investor de-risking

Major crypto assets trade under intense headwinds on Wednesday, as market participants navigate complex geopolitical and macroeconomic environments. Bitcoin has slipped toward $61,000 after its recent rebound was sold near $64,000, leaving buyers exhausted.

Bitcoin Price Forecast: Sticky inflation fears threaten deeper sell-off in BTC

Bitcoin extends its decline on Wednesday, trading below $61,500 at the time of writing as renewed US-Iran tensions keep the risk sentiment capped. In addition, persistent capital outflows from US-listed spot Exchange Traded Funds continue to fuel selling pressure on BTC.

Pi Network extends decline as CEX outflows fail to offset bearish pressure

Pi Network edges lower on Wednesday, extending its third consecutive day of losses. The technical outlook for PI is largely bearish, with a risk of a steeper correction below $0.1184.

Bitcoin: After the bloodbath, everyone looks at $60,000
Bitcoin (BTC) hovers above $62,000 at the time of writing on Friday, weighed down by growing risk-off sentiment due to persistent geopolitical tensions in the Middle East and sticky macroeconomic uncertainty. The institutional sell-off continued to wreak havoc on capital flows, with spot Bitcoin Exchange-Traded Funds (ETFs) recording billions in outflows.