Dogecoin, Solana & Bitcoin – American Wrap 20 May

Bitcoin Weekly Forecast: The last rebound before capitulation

Bitcoin price is showing bullish signs in the lower time frames, which can be taken advantage of by traders in the next couple of days. But looking at BTC from the highier time frames suggests that the bottom is not in yet.

What’s next for Dogecoin and Shiba Inu after dropping over 80% from their all-time highs

Dogecoin and Shiba Inu witnessed a massive price drop in the recent bloodbath that hit the cryptocurrency market. Meme coins wiped out their gains, plummeting from their all-time highs, while investors poured capital into social tokens. 

Why Solana price could crash to $30

Solana price action continues to face selling pressure since hitting a weekly high near the $60 value area. While SOL is down 15% from the weekly high, it is still up nearly 34% from the new 2022 lows established during last week’s flash crash. However, the current price action is warning that a return to the 2022 lows is increasingly likely to surpass those lows.