Home Cryptocurrencies Price Prediction: Dogecoin, Compound & Binance Coin – American Wrap 2 February
Crypto News

Cryptocurrencies Price Prediction: Dogecoin, Compound & Binance Coin – American Wrap 2 February

Dogecoin Price Forecast: DOGE’s future is being defined by two crucial price levels

Dogecoin had one of the biggest cryptocurrency pumps in less than 48 hours jumping by 1,100% to a new all-time high of $0.087 reaching a total market capitalization of over $9 billion. Of course, this pump didn’t last long and the digital asset quickly dropped to a low of $0.022 but has recovered significantly. 

Compound Price Analysis: COMP is on the verge of a steep decline following a 130% bull rally

Compound, like the rest of the DeFi sector, had a significant rally in 2021, jumping from a low of $134 on January 1 to $377 on February 1. The digital asset is now overextended and on the verge of a significant but healthy correction.

Binance Coin Price Forecast: BNB hits new all-time highs while technicals spell trouble

Binance Coin was trading sideways for the last three months of 2020 and started a bull rally at the beginning of 2021, climbing from $36 to an all-time high of $53 in just one month. The digital asset is slightly overextended now and needs to see a healthy pullback in order to resume the uptrend.

FX Street

FX Street

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions.