Cryptocurrencies Price Prediction: Bitcoin, Dogecoin & Ripple — Asian Wrap 09 May

FXStreet Team FXStreet

Bitcoin price dips below $28,000 as global macro liquidity continues to drain

Bitcoin price has had a rather better performance over the last couple of weeks in comparison to the rest of the digital assets. This kept the cryptocurrency dominating the market, which, by the looks of it, might bear results if this happens.

Dogecoin price dips by nearly 9% in 24 hours as corrections continue due to overvaluation

Dogecoin price, after showing signs of some potential recovery, failed to chart gains and ended up falling to a five-week low. The investors interestingly already had it coming as signals of the same could be observed for nearly a month now.

Ripple price could drop an additional 10% amid bearish assertions from Cardano’s Charles Hoskinson

Ripple (XRP) price remains bearish after breaking from a horizontal consolidation. The overall bearishness is attributed to the broader crypto market gloom and the pending case between Ripple and the Securities and Exchange Commission (SEC). However, in a recent development, negative chatter between Cardano (ADA) founder Charles Hoskinson and Ripple has reinvigorated the dark clouds above the remittance token.

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Cardano holds steady as bulls intensify push for breakout

Cardano rises above the 50-day EMA resistance amid a risk-on mood across the crypto market. The MACD upholds positive divergence, increasing the potential for a 20% breakout to $0.505.

XRP poised for breakout as ETF inflows and bullish momentum align

Ripple is showing strength, trading at $2.36 at the time of writing on Tuesday. The cross-border remittance token has maintained a steady uptrend for six consecutive days, underscoring steady inflows into XRP spot Exchange Traded Funds.

Crypto Today: Bitcoin, Ethereum, XRP uptrend cools amid surging ETF inflows

Bitcoin is retracing toward support at $93,000 at the time of writing on Tuesday, after reaching a previous day’s high of $94,789. Ethereum and Ripple uptrend has cooled after several days of persistent gains, suggesting potential profit-taking.

Bitcoin holds above $93,000 as ETF inflows continue and Strategy boosts holdings

Bitcoin price trades around $93,000 at the time of writing on Tuesday, pausing near a key resistance zone after its recent advance. Institutional demand remains supportive, with US-listed spot ETFs recording their largest single-day inflow since early October.

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Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.

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