14-day crypto predictions: As cryptocurrencies pull back, sentiment shifts to slightly bearish on Bitcoin
Our crypto prediction panel remains slightly bearish overall on six popular cryptocurrencies through the week of September 26.
Bitcoin dropped to $20,000 after nearly pushing through $23,000. The higher-than-expected inflation numbers caused riskier assets to retreat. This puts additional pressure on cryptocurrencies, meaning we could see a continuation of the downtrend — or see a sideways move in the near term.
Finder’s crypto prediction panel turned slightly bearish on Bitcoin in the most recent survey looking out through the week of September 26.
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 remain slightly bearish
Our experts are slightly bearish on six popular cryptocurrencies, the same as last week.
Where our crypto prediction panel stands
|This week||Last week|
|Bitcoin||Slightly bearish||Slightly bullish|
|Dogecoin||Slightly bearish||Slightly bearish|
|XRP||Slightly bearish||Slightly bearish|
|Solana||Slightly bearish||Slightly bullish|
|Overall||Slightly bearish||Slightly bearish|
The panel’s outlook on Bitcoin (BTC) is slightly bearish, a change from the week before when it was slightly bullish. Bitcoin is trading at $20,000 once again. This is a strong support level that may keep the price from going lower. In case this level fails, the next support lies around $18,500.
The panel’s verdict on Ethereum (ETH) is neutral, a change from the week before when it was slightly bullish. Ether trades above $1,500 after successfully completing the Merge. This opens the way toward $1,750 once again. But a break lower means we could see $1,250.
The panel’s outlook on Dogecoin (DOGE) is slightly bearish, the same as the week before. DOGE trades above $0.06. If BTC moves back toward $25,000, we could see DOGE make an attempt at $0.075. Otherwise, $0.05 is the next target.
The panel’s verdict on Litecoin (LTC) is slightly bearish, a change from the week before when it was bearish. LTC trades at $60. A break lower opens the way toward $53, but if it stays above $60, we could see $65 soon.
The panel’s outlook on Ripple (XRP) is slightly bearish, the same as the week before. XRP trades at $0.33. The two levels to watch are $0.355 and $0.325.
The panel’s verdict on Solana (SOL) is slightly bearish, a change from the week before when it was slightly bullish. SOL dropped below $35. We could see another attempt at $40 if SOL gets back above $35 soon.
Finder’s experts hold long-term bullish sentiment on Bitcoin
Finder asked 33 fintech specialists in July to offer price predictions for Bitcoin by year’s end. The majority predict Bitcoin will trade for around $25,473 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.
At the time of publication, Kliment Dukovski owns cryptocurrencies.