đ Crypto Price Forecast: Bitcoin, Dogecoin & Memecore Set to Surge â Asian Market Wrap Sept 2
Digital assets charge into September with bullish momentum as Asian trading sessions ignite fresh speculative fervor.
Bitcoin Breaks Key Resistance
BTC smashes through psychological barriers, leaving traditional finance skeptics scrambling. Institutional inflows hit record highsâtraders chase the momentum as fear-of-missing-out grips markets.
Dogecoinâs Retail Revival
Meme-powered rallies defy fundamental logicâagain. Social media buzz fuels double-digit gains while Wall Street analysts quietly update their âirrational exuberanceâ slide decks.
Memecoreâs Wild Ride
The newest narrative-driven asset dances on volatilityâs edge. Zero utility, maximum hypeâbecause why should balance sheets get in the way of a good story?
Asian Markets Lead the Charge
Tokyo and Hong Kong traders front-run European and US sessions, leveraging overnight gaps. Crypto doesnât sleepâand neither do the profits.
Regulators Shake Their Fists
Watchdogs draft another stern memo while decentralized networks bypass legacy gatekeepers. Banking hours? How quaint.
Prediction: Green candles dominate short-term chartsâuntil the next tweet, rumor, or whale move changes everything. Because in crypto, the only certainty is volatility. And maybe the fact that your traditional portfolio still canât keep up.
Bitcoin sees declining volume amid rising bearish market sentiment
Bitcoin (BTC) traded NEAR $110,000 in the early Asian session on Tuesday as declining spot and futures volumes coupled with strained on-chain activity signal rising bearish pressure. The report stated that Bitcoinâs Relative Strength Index (RSI) dropped from 37.4 to 33.6 last week, slipping into oversold territory and signaling growing selling pressure. Glassnode analysts added that spot trading volumes declined nearly 9% to $7.7 billion, indicating weaker investor participation and uncertainty in market sentiment.
Dogecoin Price Forecast: DOGE struggles at 200-day EMA as selling pressure builds
Dogecoin (DOGE) is trading cautiously around its key level at $0.211 at the time of writing on Tuesday, a level that could determine DOGEâs next directional move. While the dog-based meme coin attempts to hold ground, derivatives data and on-chain metrics suggest growing bearish sentiment, raising the risk of further downside if selling pressure intensifies. The metric flipped to a negative rate on Tuesday, reading 0.0010%, indicating that shorts are paying longs. Historically, as shown in the chart below, when the funding rates have flipped from positive to negative, DOGEâs price has fallen.
Crypto Gainers: MemeCore rallies as WLFI prints listing gains, Four token follows
MemeCore edges higher by 5% at press time on Tuesday, extending the uptrend by five consecutive days. The uptrend momentarily peaked at $1.13 on August 30, marking its all-time high. A potential close above the $0.898 resistance level, marked as the highest close on the 4-hour chart, could extend the uptrend to the $1.00 psychological milestone.Â