Cryptocurrencies Price Prediction: Cardano, Ripple & Dogecoin – American Wrap 14 July
|Cardano's 44% July surge may continue as Foundation reports $660 million in ADA, BTC and cash holdings
Cardano (ADA) is trading near intraday highs on Monday, following a 44% increase from July 1. The smart contracts token holds above pivotal support at $0.70 while trading at around $0.74 at the time of writing.
XRP price hits five-month high as crypto markets cheer Bitcoin's new milestone
Ripple (XRP) is trading around $2.95 on Monday as investors tighten their grip, increasing exposure, particularly in the derivatives market. The surge in interest in XRP can be attributed to positive market sentiment, backed by Bitcoin (BTC) price’s rally to the highest level on record above $123,000.
Dogecoin Price Forecast: Why rising supply in profit could slow down DOGE’s rally
Dogecoin (DOGE) extends recovery, breaking above the critical $0.2000 level on Monday, backed by rising retail interest. The 44% surge in the leading meme coin by market capitalization has pushed the network’s supply higher in profit, hinting at a potential pullback or slowdown in the rally if investors cash out for profit.
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