The crypto community has shared DOGE and SOL price predictions for September 30. Both cryptocurrencies have been in the red for the past few weeks. However, it seems that the crypto community is looking forward to a slightly productive September.
DOGE price forecast for September 30
Dogecoin (DOGE) investors are still hopeful that the meme coin will have a positive September despite the turbulent 2022. The CoinMarketCap crypto community predicts that Dogecoin will trade at an average of $0.08991 by the end of September 2022.
Crypto community expects more dips in October
Based on 491 user games registered so far, the community predicts that the price will drop by the end of October. Predictions are that the price of Dogecoin will average $0.07471 by the end of October. Dogecoin is currently trading at $0.06198, up 2.21% in the last 24 hours. It is worth noting that it has lost more than 10% in value since last week.
Notably, DOGE price traded in the green before diving hard with the market overall. Dogecoin is under selling pressure as it fell below the $0.19 resistance in December last year. As a result of this downward phase, it hit year lows in June. But since then, buyers have been actively working towards the goal of restoring key support levels.
Here are the Solana price predictions from the CoinMarketCap community
The entire cryptocurrency market has been under selling pressure after Jerome Powell’s latest news of a rate hike to curb inflation. Meanwhile, one of the top 10 DeFi projects, Solana (SOL) will be traded by the end of September.
According to the CoinMarketCap community, the SOL price will be trading at an average price of $43.48 through September 30, 2022. If this prediction comes true, Solana price will appreciate 35% from current levels, or $11.27.
Analysts’ SOL price predictions
However, crypto analyst Altcoin Sherpa predicts that Solana price will test $25. Sherpa noted in his latest analysis:
I think this comes a run in the lows of $25. If we see this as an accumulation range (I personally doubt), these dips are revalued. And if we consider that it’s only on a downtrend, then these dips (or even lower) are coming as well.
Solana is currently trading at $31.81. Altcoin is slowly moving towards Sherpa’s target. If Sherpa’s prediction comes true, that would mean a 20% drop for SOL.
It looks like Solana is trying to pull herself out of her latest crisis. Despite calling itself the “world’s fastest Blockchain,” its pace has only been heading towards an uncontrolled price drop since August 26.
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