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Cryptocurrencies Price Prediction: Bitcoin, Dogecoin and Tezos – European Wrap 4 July

Cryptocurrencies Price Prediction: Bitcoin, Dogecoin and Tezos – European Wrap 4 July
FXStreet TeamFXStreet TeamFXStreet

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Cryptos at risk following KuCoin insolvency rumors

Bitcoin price has been ranging since June 18, but rumors of insolvency have been spreading on multiple popular platforms in the industry. KuCoin, the fifth-largest cryptocurrency exchange in the world is at the center of bankruptcy rumors. 

BTC/USD 2-hour chart

How Dogecoin price can react as Uber Eats adds DOGE payments

Dogecoin price managed to slow down its bleeding in the second and third week of June but now sellers seem to have come back. As a result, DOGE is undergoing a minor retracement, but the recent adoption of certain DOGE payments by Door Dash and Uber Eats will be a value add to the fundamentals of the meme coin.

 
DOGE/USDT 1-week chart

Why Tezos’s XTZ price is nowhere near to a market bottom

Tezos (XTZ) price is still very much stuck in an overall downtrend since November. A clearly defined trend channel can be derived from a daily chart, which spells roughly another 80% downturn. Once the current plateau breaks, another leg lower is likely to get underway, and $1.00 could be at risk of breaking.

XTZ/USD daily chart

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Pi Network Price Forecast: Bearish streak nears critical support trendline

Pi Network Price Forecast: Bearish streak nears critical support trendline

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Top Crypto Gainers: Zcash rallies as MYX Finance, Dash test critical EMA levels

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Zcash , MYX Finance, and Dash are the top-performing assets in the top 100 cryptocurrency list over the last 24 hours. The privacy coin leads the rally while MYX and DASH struggle to clear their 100-day Exponential Moving Averages (EMA).

XRP slides amid record on-chain activity, mixed technical signals

XRP slides amid record on-chain activity, mixed technical signals

Ripple is trading under pressure at the time of writing on Thursday, after bulls failed to break the short-term resistance at $2.22. The reversal may extend toward Monday’s low of $1.98, especially if risk-off sentiment persists in the broader cryptocurrency market.

Aster lags recovery as perpetual DEX releases new roadmap on infrastructure, utility and ecosystem 

Aster lags recovery as perpetual DEX releases new roadmap on infrastructure, utility and ecosystem 

Aster is consolidating above $1.05 at the time of writing on Thursday, reflecting lethargic sentiment in the broader cryptocurrency market. The token native to the perpetual DEX had recovered from Monday's low of $0.88 but stalled around $1.08 on Wednesday.

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Bitcoin: BTC steadies as data suggests local bottom

Bitcoin: BTC steadies as data suggests local bottom

Bitcoin (BTC) hovers around $91,000 at the time of writing on Friday, extending its recovery by 5% so far this week. On the institutional front, a modest outflow from US-listed spot Bitcoin Exchange Traded Funds (ETFs) marks a slowdown from previous weeks and signals a reduction in selling pressure, further supporting BTC’s recovery.