Cryptocurrencies Price Prediction: Decentraland, Dogecoin & Ethereum – American Wrap 06 January

FXStreet Team FXStreet

Ethereum enters support zone that will see ETH return to $4,000

Ethereum price has faced expansive bearish activity over the past eight days. Since the open yesterday (January 5), Ethereum has lost nearly 19%, moving from $4,047 to today’s low of $3,300. Further downside pressure should become more complex.

Dogecoin price fractal suggests DOGE could be due for an explosive 20% advance

Dogecoin price has been under a lot of pressure as it hovers around a crucial demand barrier, a breakdown of which could see a massive crash. However, the January 5 drop seems to have given rise to a fractal that hints at a bullish outlook.

Decentraland hits vital support after MANA's 34% correction

A brief technical and on-chain analysis on Decentraland price. FXStreet's analysts evaluate why MANA could rebound. Please, subscribe to our YouTube channel and follow us on Twitter @FXScrypto.

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Solana Price Forecast: SOL consolidates as spot ETF inflows near $1 billion signal institutional dip-buying

Solana (SOL) price hovers above $131 at the time of writing on Monday, nearing the upper boundary of a falling wedge pattern, awaiting a decisive breakout.

Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC, ETH and XRP face pressure near key technical barriers

Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) hover around key levels on Monday after correcting slightly in the previous week. The top three cryptocurrencies by market capitalization could face increased downside risk as bearish momentum builds across key indicators.

Top Crypto Losers: DASH, SPX, PENGU – Privacy and meme coins lose ground

Altcoins, including Dash (DASH), SPX6900 (SPX), and Pudgy Penguins (PENGU), are leading losses as the broader cryptocurrency market remains cautious ahead of the macroeconomic data releases, such as the US Nonfarm payroll report, CPI data, and the Bank of Japan’s rate-hike decision.

Top 3 Price Prediction: BTC and ETH eyes breakout, XRP steadies at support

Bitcoin (BTC) and Ethereum (ETH) are nearing the key resistance levels at the time of writing on Friday, and a successful breakout could open the door for a fresh rally. Meanwhile, Ripple (XRP) is stabilizing around a crucial support zone, hinting at a potential rebound if buyers maintain control.

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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.

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