Cryptocurrencies Price Prediction: Bitcoin, Crypto.com and Dogecoin – European Wrap 27 May
|Bitcoin Weekly Forecast: On-chain metrics support multiplying downside threats
Bitcoin price consolidates above a weekly support level after the LUNA-induced crash on May 12. This coiling price action could cause BTC to trigger a move to the downside, further deepening the woes of investors.
This Web3 move by Crypto.com could be a good bet for patient investors
Crypto.com price stabilization on a high time frame chart indicates that a bottom formation could be taking place. This pattern combined with a bullish signal from a momentum indicator adds credence to the possibility of a reversal and a recovery rally for CRO.
Why Elon Musk’s tweet failed to move Dogecoin price
Dogecoin price slipped up as Bitcoin price triggered a sudden crash on May 26. This downswing, while serving as a great opportunity to accumulate DOGE, failed to recover alongside BTC.
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