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Cryptocurrencies Price Prediction: Dogecoin, Bitcoin & Ripple – Asian Wrap 25 August

Cryptocurrencies Price Prediction: Dogecoin, Bitcoin & Ripple – Asian Wrap 25 August
FXStreet TeamFXStreet TeamFXStreet

Dogecoin Price Forecast: Nears pivotal resistance as ETF inflows contrast with cautious on-chain signals

Dogecoin (DOGE) is approaching the key technical level around $0.094 on Tuesday, which could determine DOGE’s next move. Institutional demand shows mild strength, as spot Exchange Traded Funds (ETFs) recorded positive flows on Monday. Meanwhile, on-chain and derivatives metrics point to caution after the meme coin’s massive 34% rally last week.

Crypto Overview: Bitcoin tops $80,000 as US Treasury fights high yields – AERO, VIRTUAL rally

Bitcoin is up over 2% on Tuesday, pushing it above $80,000. BTC maintains a bullish bias as the rally extends above both the 50-day Exponential Moving Average (EMA) at $67,394 and the 200-day EMA at $72,431. Momentum supports the rally, with the Moving Average Convergence Divergence (MACD) and signal line advancing in positive territory, hinting at persistent upside momentum. At the same time, the Relative Strength Index (RSI) near 83 signals an overbought condition that could encourage corrective pullbacks.

Ripple and Stellar outlook: Key breakouts could fuel the next rally

XRP price trades at $1.526 on Tuesday after surging over 53% in the previous week. XRP maintains a clear bullish near-term bias, holding well above the 50-day, 100-day and 200-day Exponential Moving Averages (EMAs) clustered between roughly $1.157 and $1.350, which now underpin the uptrend. The Relative Strength Index (RSI) around 82 signals overbought conditions, while the Moving Average Convergence Divergence (MACD) stays positive with the line above its signal and a still-broadening histogram, suggesting strong but stretched upside momentum.

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Zcash Price Forecast: ZEC declines as US inflation surprise offsets fresh ETF inflows

Zcash Price Forecast: ZEC declines as US inflation surprise offsets fresh ETF inflows

Zcash is trading in the red, extending its previous day’s roughly 6% losses as the broader cryptocurrency market falls on rising US inflation. The US Consumer Price Index print came in higher than expected, at an annual increase of 3.7% versus the expected 3.6%, raising concerns about inflation and rate hikes.

Ripple and Stellar outlook: XRP and XLM extend losses as US inflation data weighs in

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Ripple and Stellar extend their losses on Thursday as bearish momentum builds, having corrected over 7% and 11% so far this week. XRP and XLM both slip below key support zones, indicating weakening technical structure.

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Ethereum (ETH) extended its decline below $2,500 on Wednesday after a hotter-than-expected US inflation print renewed selling across the crypto market. At the time of writing, the top altcoin trades near $2,430, down 3.1% in the past 24 hours. The US Consumer Price Index (CPI) for September rose 0.6% monthly, in line with market forecasts and up from a 0.4% increase in August.
Bitcoin: Uptober or Rektober?

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