Cryptocurrencies Price Prediction: Ripple, Cardano and Dogecoin – European Wrap 2 August

Can Ripple bulls still make a comeback to save XRP price from a steep correction?

XRP price performs a U-turn after sweeping crucial levels and collecting liquidity. This retracement seems apparent, especially considering the bearish outlook for Bitcoin price from a lower time frame perspective and altcoins’ high correlation with it. 

 

Where is Cardano price headed next after ADA staking goes mainstream

Swiss digital bank Sygnum announced that it is now offering Cardano staking alongside Ethereum and other altcoins enabling users to earn interest from their staked ADA. Crypto security firm Ledger announced support for 100 Cardano tokens to its wallets, fueling bullish sentiment among holders. 

Dogecoin price to provide positional traders a discount to buy DOGE before a 90% rally

Dogecoin price is at crossroads and shows signs of a steady consolidation above a stable support level. However, there needs to be momentary pain before a long-term and explosive rally originates. 

 

 

 

 

 

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.