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Cryptocurrencies Price Prediction: Bitcoin, Dogecoin & Shiba Inu – American Wrap 07 July

Cryptocurrencies Price Prediction: Bitcoin, Dogecoin & Shiba Inu – American Wrap 07 July
FXStreet TeamFXStreet TeamFXStreet

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Rough Q2 for BTC to headline Tesla earnings, while ETH may drop 30%

Bitcoin price has been unable to fulfill expectations of a meaningful rally after triggering a multi-month head-and-shoulders pattern. Meanwhile, Ethereum price shows exhaustion and may be near a significant decline. XRP price remains unchanged, offering few clues as to directional intentions.

Dogecoin price caught in a bull-trap, DOGE looks for support below $0.20

Dogecoin price is a bit of an outlier this week since it does not seem to fit that narrative. It missed the boat with the jump to the upside. Instead, it burnt its fingers again on the $0.28-level only to trade lower.

Shiba Inu Price Prediction: SHIB is a compelling opportunity above $0.00000936

Shiba Inu price has been engaged in a multi-week bottoming process that illustrates an inverse head-and-shoulders pattern and a precise trigger. The completion of the right shoulder should be near as SHIB seeks a rally of 80% based on the measured move of the pattern.

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FXStreet Team

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

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Ripple slips below $1.30 as sellers tighten grip

Ripple slips below $1.30 as sellers tighten grip

Ripple (XRP) hovers below $1.30 on Tuesday, held down by a weakening technical structure. The broader crypto market remains bearish ahead of the Federal Reserve’s (Fed) October 28 monetary decision.

Crypto Today: Bitcoin, Ethereum, XRP tick lower amid mixed ETF flows

Crypto Today: Bitcoin, Ethereum, XRP tick lower amid mixed ETF flows

Bitcoin is trading above $81,000 on Tuesday, aligning with a lethargic tone in the broader cryptocurrency market. Altcoins, including Ethereum and Ripple, reflect Bitcoin’s lock-step price action, trading below $2,400 and $1.30, respectively.

Pi Network extends losses as social interest declines

Pi Network extends losses as social interest declines

Pi Network (PI) is down nearly 2% on Tuesday, extending the previous day’s losses and risking an extended decline toward its record low of $0.0704. PI token’s social dominance score is down to a six-month low, suggesting reduced social interest.

NEAR Protocol Price Forecast: Mild correction persists despite resilient ETF inflows

NEAR Protocol Price Forecast: Mild correction persists despite resilient ETF inflows

NEAR Protocol (NEAR) price is down nearly 2% on Tuesday, mirroring its 2% decline from the previous day. Institutional demand remains firm, with Bitwise’s NEAR-focused Exchange Traded Fund (ETF) recording over $5 million in inflows on Monday.

Bitcoin: Macroeconomic headwinds, cooling demand cap BTC gains

Bitcoin: Macroeconomic headwinds, cooling demand cap BTC gains

Bitcoin (BTC) extends losses this week, trading below $82,500 as of Friday as selling pressure continues. Weakening institutional demand supports this pullback as BTC spot Exchange-Traded Funds (ETFs) are on track to record a two-week withdrawal streak, reaching $146.19 million in net outflows through Thursday.