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Cryptocurrencies Price Prediction: Bitcoin, Ethereum & Dogecoin – American Wrap 07 May

Cryptocurrencies Price Prediction: Bitcoin, Ethereum & Dogecoin – American Wrap 07 May
FXStreet TeamFXStreet TeamFXStreet

Bitcoin price coils up for 20% climb, Standard Chartered forecasts more gains for BTC

Bitcoin (BTC) price remains devoid of directional bias, trading sideways as part of a horizontal chop. However, this may be short-lived as BTC price action consolidates in a bullish reversal pattern on the one-day time frame.
Ethereum is hinting at a resumption of a sideways movement on Tuesday after seeing inflows for the first time in seven weeks. The Securities & Exchange Commission’s (SEC) Chair Gary Gensler has also called most crypto assets securities following a Wells Notice targeted at ETH-related firms.
ETH/USDT 4-hour chart
Dogecoin (DOGE) price shows signs of a potential reversal on a higher timeframe picture. However, in the short term, it could trigger a quick impulse move to the upside. 
DOGE/USDT 3-day chart
 

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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 bulls defend $1.50 as exchange reserves decline

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Top Altcoins Price Forecast: Ripple, Cardano, Solana – Mild recovery signals further upside potential

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Ripple, Cardano, and Solana are trading in the green on Tuesday, recovering after a bearish start to the week. The mild recovery in Ripple and Solana aligns with steady institutional demand, while Cardano prepares for a potential bullish breakout of an overhead trendline.

Crypto Today: Bitcoin, Ethereum, XRP correct upward amid declining ETF inflows

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The cryptocurrency market upholds a neutral-to-bullish bias on Tuesday, with Bitcoin edging closer to a breakout above $84,000. Altcoins mirror BTC’s outlook, with Ethereum holding above $2,700 and Ripple pushing past the reclaimed $1.50 level.

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Bitcoin: BTC consolidates gains as ETF inflows hit highest level since October 2025

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Bitcoin (BTC) price holds above $84,000 at the time of writing on Friday as it consolidates gains of over 4% so far this week. Institutional demand supports the bullish outlook, with spot Exchange Traded Funds (ETFs) recording a net inflow of $2.25 billion through Thursday, pointing to the highest weekly inflow since October 2025.