Cryptocurrencies Price Prediction: DOGE, XRP & Crypto – European Wrap 24 November
DOGE beats the blue chips as D.O.G.E calls it quits
DOGE $0.1458 looked past the demise of Elon Musk's D.O.G.E. department, as it climbed Monday in Asian markets, driven by renewed optimism sparked by Grayscale’s forthcoming introduction of a DOGE coin ETF.
CoinDesk market data shows that DOGE was trading around $0.145 on Monday, with a daily gain of over 3%, outpacing the roughly 0.6% rise in the CoinDesk 20 Index (CD20) and the CoinDesk Memecoin Index.
XRP rises above $2.00 supported by ETF inflows and stable derivatives market
Ripple (XRP) is trading at around $2.06 at the time of writing on Monday, as buyers push to regain control despite a generally bearish cryptocurrency market.
The cross-border remittance token opened Monday’s trading at $2.05, building on the increase from $1.95, which marked Sunday’s low. Steady demand for XRP Exchange Traded Funds (ETFs) supports positive market sentiment around the token, increasing the odds of an uptrend forming above $2.00.
Crypto Today: Bitcoin, Ethereum, XRP eye short-term recovery despite sticky bearish sentiment
Bitcoin (BTC) is trading above $86,000 at the time of writing on Monday, as bulls battle to regain control and bolster a breakout above $90,000 this week. Altcoins, including Ethereum (ETH) and Ripple (XRP), are holding above key support levels at $2,800 and $2.00, respectively.
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FXStreet Team
FXStreet
