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Cryptocurrencies Price Prediction: Binance Coin, Dogecoin & Shiba Inu — Asian Wrap 18 August [Video] – FXStreet

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Binance CEO Changpeng Zhao (CZ) plans to hire 2,000 more Binance employees. 14 million tokens have been locked away and burned this summer. A break above $336 could be the catalyst to induce an additional 40-50% rally in the short term. 
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Dogecoin price prediction shows reasons to be concerned. Analysts have been eyeing the notorious dog coin throughout the summer as the DOGE price fell into considerably discounted price territory at $0.050. Several bullish outlooks were forecasted, some mentioning the possibility of a potential market bottom near the $0.049 low established on June 19, 2022.
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Shiba Inu, the second-largest meme coin, is closer to its breakout according to analysts. While declining trade volume and inflows to SHIB are typical of a bearish trend reversal, analysts remain bullish on SHIB. Analysts have predicted a recovery in Shiba Inu, after the meme coin yielded nearly 50% gains to holders within a week. 
 

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DappRadar’s DeFi report for August highlighted the presence of just 1.67 million unique active wallets. The month of August also noted multiple exploits and hacks, which resulted in the loss of more than $211 million.
Ethereum Classic  price shows a strong divergence signal that could become the catalyst of a future penny-from-Eiffel style decline. Ethereum Classic price continues to be the topic of discussion amongst day traders. 
The crypto space is observing newer participants with every passing day, and this constitutes individuals with some wealth to people with excessive wealth. The crypto market is still in a bearish state, making investments in this space a difficult decision for investors.
Solana price has recovered 7% of market value amidst the most recent downtrend. SOL price does not show RSI divergence to securely call the bottom of the current mudslide. Invalidation of the downtrend is a breach above $40.28.
Bitcoin price shows an ongoing consolidation as it hovers at the same level for the past six days with no signs of directional bias. A breakout from this tightening range could result in a bearish move that eyes a sweep of the sell-stop liquidity below recent lows.
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