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Cryptocurrencies Price Prediction: Bitcoin, Ripple and Dogecoin – European Wrap 5 October

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Crypto markets turn green but need confirmation

Bitcoin price has kick-started its first uptrend in October, and investors are happy to accept this move after weeks of choppy movement. In sympathy with Bitcoin, Ethereum and Ripple also triggered run-ups and are currently looking to continue their rallies. 

BTC/USD 8-hour chart

XRP price looks for a firm footing to catalyze a 20% rally

XRP price has produced a key signal that reveals the underlying bullish intent. The only requirement now is sustenance from the big crypto or another leg-up. These conditions will complement Ripple bulls’ intentions and catalyze another rally in the altcoin to significant levels. 

 
XRP/USD 1-day chart

Dogecoin holders turn diamond hands: DOGE most widely held by eToro users

eToro, a multinational social-trading company, published its Q3 2022 report on cryptocurrencies that were the most popular among users of the platform. Dogecoin ranked fifth in the list consistently for three quarters. Dogecoin price has been on a winning streak recently, yielding holders 8% gains overnight. 
DOGE-USDT price 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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Experts agree: Bitcoin nears bottom, but weak demand raises doubts
Bitcoin (BTC) is trading above $63,000 at the time of writing on Friday after rebounding from the key 200-week Simple Moving Average (SMA) near $62,000, a level widely viewed as key long-term support. The recovery may suggest that Bitcoin has found a floor after a sharp correction that spanned more than a month, but some warning signs persist.