Bitcoin $56,474.79 The price is stalled at $57,500 at the time of writing and altcoins are back in the red. The ongoing volatility in cryptocurrencies is unlikely to stop. At least until the Fed’s decision on September 18 and the tone of the statements to come here, the current turbulent environment seems likely to continue. So what do cryptocurrency analysts think about Dogecoin? $0.100535 What are the current predictions for (DOGE) and PYR Coin?
Dogecoin (DOGE)
The cryptocurrency analyst known by the nickname JAVON, in his market assessment published a few hours ago, put Dogecoin (DOGE) on the agenda. meme coins (in terms of market value) took its king. The expert waiting for the falling wedge to break says there is more than double the potential for gains. If we are going to see a real general rise in the last quarter, DOGE should be one of the pioneers.
So the technical analyst’s scenario seems likely to happen towards the beginning of October. JAVON medium term DOGE price He also explained his goal and wrote:
“Dogecoin appears to be working on a multi-month Falling Wedge breakout, and a successful breakout would mean a more than doubling (>100%) increase in price. It could drop back to $0.22. Of course, higher levels also hold our $0.653 target.”
PYR Coin Price Target
On the second analyst’s agenda PYR Coin One of the altcoins frequently evaluated by the crypto analyst known by the nickname Daan Crypto Trades is PYR Coin. When he shared the chart a few hours ago, the price was above $ 2.5. The analyst, who marked $ 2 as bottom support, is happy with the recent reversal.
“PYR is making a higher low after the initial impulse from the bottom of the range.
There is an important level here, but this level has been quite resilient during the downward moves. BTC “The price needs to be somewhat supportive during this trial. If so, the move to the targets may continue.”
BTC needs to see a weekly close above $57,000 to stay strong. It is not known how likely this is ahead of the Fed meeting, but avoiding a new low of $55,000 and below today was relatively positive.
Disclaimer: The information contained in this article does not contain investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.