14-day crypto predictions: As cryptocurrencies pull back, sentiment shifts to slightly bearish on Bitcoin

Posted: 15 September 2022 10:35 am
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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 weekLast week
BitcoinSlightly bearishSlightly bullish
EthereumNeutralSlightly bullish
DogecoinSlightly bearishSlightly bearish
LitecoinSlightly bearishBearish
XRPSlightly bearishSlightly bearish
SolanaSlightly bearishSlightly bullish
OverallSlightly bearishSlightly 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.

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 owns cryptocurrencies.

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