Bitcoin $91,227 price is hovering at $57,500 while altcoins turned red again. The ongoing volatility in cryptocurrencies shows no signs of calming down. At least until the Federal Reserve’s decision on September 18 and the tone of the announcements that will follow, the current shaky environment is likely to persist. So, what are the current predictions of cryptocurrency analysts for Dogecoin $0.366269 (DOGE) and PYR Coin?
Dogecoin (DOGE)
The crypto analyst known by the pseudonym JAVON discussed Dogecoin (DOGE), the king of meme coins by market value, in a market evaluation published a few hours ago. The expert, who is waiting for a falling wedge breakout, claims that there is potential for more than double the gains. If we are to see a real general upward trend in the last quarter, DOGE should be among the leaders.
According to the technical analyst, the scenario seems poised to materialize by early October. JAVON also disclosed his mid-term DOGE price target and wrote the following.
“Dogecoin appears to be working on a multi-month Falling Wedge breakout, and a successful breakout would mean more than a 100% increase in price. It could return to $0.22. Of course, our higher target of $0.653 remains intact.”
PYR Coin Price Target
The second analyst focuses on PYR Coin. The crypto analyst known as Daan Crypto Trades frequently evaluates PYR Coin. When he shared the chart a few hours ago, the price was above $2.5. The analyst marked $2 as the bottom support and was pleased with the recent recovery.
“PYR is making a higher low after the first impulse from the bottom of the range.
There is a significant level here, but this level was quite resistant during the downward movements. BTC price needs to be somewhat supportive during this trial. If so, the moves towards the targets may continue.”
BTC needs to see a weekly close above $57,000 to remain strong. It is unclear how possible this is before the Fed meeting, but avoiding a new dip below $55,000 today was relatively positive.