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Cryptocurrencies Price Prediction: Dogecoin, Cardano & Litecoin – American Wrap 15 May

Cryptocurrencies Price Prediction: Dogecoin, Cardano & Litecoin – American Wrap 15 May
FXStreet TeamFXStreet TeamFXStreet

Dogecoin daily transactions hit record high surpassing Bitcoin, DOGE gears up for recovery

Dogecoin, the largest meme coin in the crypto ecosystem, witnessed a peak in daily transactions, which climbed to a record high of 650,000. On May 15, DOGE network transactions surpassed Bitcoin and Litecoin, setting a new record. 
Dogecoin transactions
Litecoin price is seeing some decent recovery despite the leader of the cryptocurrencies, Bitcoin, observing a slow rise over the few trading session. This recovery holds the potential to bring about significant profits to the network, however, broader market cues might act as a hurdle.
LTC/USD 1-day chart
Cardano (ADA) price is seeing bulls quickly pick up their feet after a downbeat moment the week before. ADA quickly recovered over the weekend with some substantial losses being pared back. Expect to see a continuation this week as a bullish triangle is in play that will push ADA above $0.39 for a 10% gain.
ADA/USD  4H-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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