fxs_header_sponsor_anchor

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

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.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.