Cryptocurrencies Price Prediction: Dogecoin, Shiba Inu & Bitcoin — Asian Wrap 29 August

Cryptocurrencies Price Prediction: Dogecoin, Shiba Inu & Bitcoin — Asian Wrap 29 August


FXStreet Team FXStreet Team
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Dogecoin price has lost 30% gains made this summer. A rise back towards all-time highs would result in 1,000 percent (10x) from DOGE’s current market value. A breach above $0.10 could be the first impulse wave of the future 10X rally.
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Shiba Inu price is mirroring technicals forecasted throughout the beginning of summer. If market conditions persist, a breach of the July 13 swing low at $0.00000970 will likely occur. Shiba Inu price shows bearish signals that investors ought to be aware of. Since July, the notorious meme coin was setting up a bullish spike towards $0.00001700.
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Bitcoin price could be communicating what to expect throughout the Fall as bearish signals continue to advance during the final days of August.  Bitcoin price has fallen 20% since last week’s $25,211 high was briefly established.
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Bitcoin price witnesses a massive surge in volatility after the release of the Consumer Price Index (CPI) on Thursday. An initial drop in price is later taken over by buyers, resulting in a sharp move to the upside.
XRP price continues to remain strong relative to other altcoins despite the recent downturn. Regardless, the crypto markets seem to be shifting their bias to favoring bulls, so investors can expect Ripple to continue its ascent.
TRON price has been hovering inside a bearish setup that forecasts a massive crash. However, due to the latest developments, things are starting to flip bullish.
The last two quarters have been full of surprises for the crypto community, with the third quarter in particular, being the most volatile. 
Bitcoin price has been in a steady consolidation for more than two weeks and shows no signs of directional bias. However, the Non-Farm Payrolls (NFP) announcement on October 7 could trigger a volatile episode for BTC that could resolve its range tightening and establish a directional bias.
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