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Cryptocurrencies Price Prediction: Solana, Dogecoin & Shiba Inu — Asian Wrap 20 Sep

Cryptocurrencies Price Prediction: Solana, Dogecoin & Shiba Inu — Asian Wrap 20 Sep
FXStreet TeamFXStreet TeamFXStreet

Solana price is on the verge of dipping 30% further by next week

Solana (SOL) was on a tear at the beginning of September. Since the failed attempt on September 9 to keep price action elevated, SOL has been fading and trading lower towards lower support levels that have been broken quite easily each time. Although bulls broke the red descending trend line, a rejection at the 23.6% Fibonacci level spells trouble.

Dogecoin price must break $0.21 for DOGE to enter new bull rally

Dogecoin (DOGE) has not been in a sweet spot for buyers and investors since mid-August. After a failed attempt from buyers to close above $0.35, price action in DOGE has been trading downwards in favor of the sellers. Sellers are eyeing another push to the downside with the second test of $0.21.

Shiba Inu price is on the brink of a breakout to $0.00001115

Shiba Inu (SHIB) formed the perfect scenario for a bull trap two weeks ago. In the week after that, price action made new lows in the existence of Shiba Inu, and buyers have used the lucrative move for picking up some Shiba Inu for their portfolio and longs in SHIB.

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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.

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