Cryptocurrencies Price Prediction: Dogecoin, Solana & Ethereum Classic — Asian Wrap 9 June
|Dogecoin Price Prediction: DOGE primed for 25% impulse move
Dogecoin price has been on a slow descent since June 2 that took it below the mid-way point of a small range, indicating increased sellers. DOGE bulls' intention of reverting to the mean is apparent as it trades above a demand barrier. If DOGE breaks below $0.264, it will invalidate the bullish outlook.
Solana price quickly shakes off market purge, as SOL seeks higher prices
Solana price has been climbing higher, illustrating a rising wedge pattern that broke to the downside today as the cryptocurrency complex turned red. SOL has quickly recovered and is at the top of the leader board with a 9% gain, suggesting it is readying to continue the quest to the all-time high.
Ethereum Classic Price Prediction: ETC slump continues, but watch out for a bullish hammer reversal
Ethereum Classic price has been in a corrective decline since the May 24 bounce, presenting few actionable trading opportunities for investors. The volatility of the last two days reinforces the need to practice patience with the cryptocurrency. Still, it is important to note that ETC could close today with a bullish hammer candlestick pattern on the daily chart.
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