TRENDING:
EUR/USD
GBP/USD
XAU/USD
Trade War
USD/CAD
AUD/USD
Sponsored by
Login
|

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    
 

Author

FXStreet Team

More from FXStreet Team
Share:

Markets move fast. We move first.

Orange Juice Newsletter brings you expert driven insights - not headlines. Every day on your inbox.

By subscribing you agree to our Terms and conditions.

Editor's Picks

Solana dips as hawkish Fed cuts dampen market sentiment

Solana dips as hawkish Fed cuts dampen market sentiment

Solana (SOL) price is trading below $130 at the time of writing on Thursday, after being rejected at the upper boundary of its falling wedge pattern. The broader market weakness following the Federal Reserve’s hawkish rate cut has added to downside momentum.
Pi Network Price Forecast: PI declines as core team offloads 2 million tokens

Pi Network Price Forecast: PI declines as core team offloads 2 million tokens

Pi Network (PI) edges lower by 3% at press time on Thursday, marking its fifth consecutive day of losses. A transfer of 2 million PI tokens from the liquidity reserve, part of the Pi core team wallets, bolsters the bearish sentiment.

Cardano Price Forecast: ADA flips bearish as derivatives markets flout network growth

Cardano Price Forecast: ADA flips bearish as derivatives markets flout network growth

Cardano (ADA) extends losses by 5% at press time on Thursday, following the 3% decline on the previous day and breaking the local resistance trendline. Derivatives data indicate a bearish shift in the narrative, as Open Interest and the number of active long positions decline.

Sei Price Forecast: SEI slips despite volume surge as Xiaomi partnership boosts adoption outlook

Sei Price Forecast: SEI slips despite volume surge as Xiaomi partnership boosts adoption outlook

Sei (SEI) price trades in red, below $0.137 at the time of writing on Thursday, after retesting its key resistance level the previous day. Despite the pullback, on-chain data and market sentiment remain bullish.

Orange Juice Newsletter – Smart insights by real people. Every day.

Orange Juice Newsletter – Smart insights by real people. Every day.

A free newsletter highlighting key market trends to help traders stay a step ahead. Daily insights on the most relevant trading topics, compiled by our experts in an easy-to-read format so you never miss an important move.

Crypto Today: Bitcoin, Ethereum, XRP pare gains despite increasing hopes of upcoming Fed rate cut

Crypto Today: Bitcoin, Ethereum, XRP pare gains despite increasing hopes of upcoming Fed rate cut

Bitcoin (BTC) is steadying above $91,000 at the time of writing on Friday. Resistance at $94,150 capped recovery on Wednesday, but in the meantime, bulls have contained downside risks above $90,000.