14-day crypto predictions: Slightly bullish on Bitcoin, Ethereum, Solana and Dogecoin

Posted: 8 June 2022 7:45 am
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Our crypto prediction panel turn slightly bullish overall on six popular cryptocurrencies through the week of June 20.

Bitcoin remains above $30,000 with occasional attempts to break lower. Despite trading higher now than most of May, the downward pressure remains caused by high inflation and rising interest rates.

Finder’s crypto prediction panel remained slightly bullish on Bitcoin in the most recent survey looking out through the week of June 20.

Finder’s cryptocurrency prediction panel comprises 15 experts in the field. Five of them rotate to share their predictions for the following two weeks on six major cryptocurrencies each week.

Finder’s experts turn slightly bullish overall

Our experts are slightly bullish on six popular cryptocurrencies, a change from last week when they were slightly bearish.

Where our crypto prediction panel stands

This weekLast week
BitcoinSlightly bullishSlightly bullish
EthereumSlightly bullishSlightly bullish
DogecoinSlightly bullishBearish
LitecoinNeutralSlightly bearish
XRPNeutralSlightly bearish
SolanaSlightly bullishNeutral
OverallSlightly bullishSlightly bearish

The panel’s outlook on Bitcoin (BTC) is slightly bullish, the same as the week before. Bitcoin holds above $30,000, which is a strong support zone. This opens the way toward $35,000 but the downward pressure remains.

The panel’s verdict on Ethereum (ETH) is slightly bullish, the same as the week before. Ether managed to hold the $1,750 support level, but Bitcoin needs to move higher if we are to see a retest of the $2,000 price level.

The panel’s outlook on Dogecoin (DOGE) is slightly bullish, a change from the week before when it was bearish. DOGE trades at around $0.08 for almost a month now. The support zone to watch is $0.075 on the downside and $0.09 on the upside.

The panel’s prediction on Litecoin (LTC) is neutral, a change from the week before when it was slightly bearish. LTC holds above $60 but a move lower could push it down to $55.

The panel’s outlook on Ripple (XRP) is neutral, a change from the week before when it was slightly bearish. XRP trades around $0.4, but the next move in either direction will likely depend on Bitcoin.

The panel’s verdict on Solana (SOL) is slightly bullish, a change from the week before when it was neutral. SOL holds around $40 despite having network outages recently. If it breaks lower, there isn’t much support until $25. A move higher will have to break $50 first.

Finder’s experts hold long-term bullish sentiment on Bitcoin

Finder asked 33 fintech specialists in April to offer price predictions for Bitcoin by year’s end. The majority predict Bitcoin will test previous highs at the end of 2022.

Trying to get a handle on the markets? Cut through the noise with our overview of the best cryptos to buy right now, explore some strategies for how to trade crypto or see if there's a better platform for you with our guide to the best crypto exchanges.

Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

At the time of publication, Kliment Dukovski owned several cryptocurrencies.

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