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Cryptocurrencies Price Prediction: Bitcoin, Polkadot and Dogecoin – European Wrap 3

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Bitcoin price saw a recent bullish impulse that faced massive headwinds before it tagged a crucial psychological barrier. With directional bias and choppy price action, BTC is likely to experience massive volatility as the situation resolves over time. 

BTC/USDT 1-day chart

Polkadot price began turning around and moving higher on November 28. It is currently resting on support after a brief pull-back, with the potential for using this floor as a launchpad higher. A resumption of the bullish impulse will provide fresh confirmation for the new uptrend.

 

DOT/USDT 12-hour chart

Dogecoin price looks to be heading toward the high probability reversal zone, suggesting that an uptrend is likely to begin soon. The resulting rally has a high chance to retest the range high and push beyond it to set up higher highs. Therefore, investors need to pay close attention to the current levels, as it screams ‘buy.’

 

https://www.tradingview.com/x/as5P9v0N/

 

 

 

 



Read More:Cryptocurrencies Price Prediction: Bitcoin, Polkadot and Dogecoin – European Wrap 3

Tags: BitcoincryptocurrenciesDogecoinEuropeanPolkadotPredictionpriceTechnical AnalysisWrap
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