Cryptocurrency Value Prediction: Polkadot, Ethereum & Bitcoin – Asian Wrap Aug 24 – FXStreet

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Polkadot Price Prediction: DOT hits the stats first, but beware of a shake-out

Polkadot price has been at the top of relative strength since the July low, rising 185% from the August 21 high. By August 20, the rally was only interrupted by seven negative days, with only one day exceeding -4%. However, the intersection of the 200-day SMA with a series of highs in late May and early June has created the first serious resistance point for the DOT since the July 7th high of $ 17.88.

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Leave USD 50,000 aside, Bitcoin is on its way to USD 57,000

The price consolidation of Ethereum took place in a time comparison with the price. Limiting the downtrend to -10% and confirming the previous resistance between $ 2,900 and $ 3,050 has become a new level of support for the smart contracts giant. Today Ethereum price tries to break up consolidation but finds stiff resistance at the 61.8% retracement of the May-July correction at USD 3,358.

Bitcoin Price Prediction: BTC Set To Hit $ 59,600 Within One Month

Bitcoin saw a short-term correction after hitting $ 48,742 on August 13. Buyers fetched BTC around $ 44,562 twice, first when testing the purple ascending trendline in August and the next day on August 19th as a bear trap, with short sellers pouring down as the trend collapsed, imagining the price would collapse .


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