|

Cryptocurrencies Price Prediction: Dogecoin, Dash & Bitcoin – Asian Wrap 4 May

Meme Coins Price Prediction: DOGE leads, SHIB and PEPE gear up for bullish breakouts

Dogecoin’s price is extending its gains, trading above $0.113 on Monday after surpassing the key 100-day Exponential Moving Average (EMA) at $0.104 the previous week. If DOGE continues its upward momentum, it could extend the gains toward the weekly resistance at $0.119. The Relative Strength Index (RSI) on the daily chart is 78, above the overbought threshold and pointing upward, indicating strong bullish momentum. Moreover, the Moving Average Convergence Divergence (MACD) indicator on the same chart shows rising green histogram bars, supporting the positive outlook.

Crypto Overview: Bitcoin tops $80,000 as Hormuz risks ebb – Privacy coins rally

Dash extends gains above $40 at press time on Monday, extending a bullish near-term bias after breaking decisively above the 50-day and 200-day EMAs at $36.32 and $38.85, respectively. The privacy coin trades above a long-term descending trendline, around $40.44, and requires a daily close to confirm the breakout. The RSI at 69 is pushing toward overbought territory, hinting that upside momentum is strong but stretched. At the same time, the MACD rises after a crossover above the signal line on Saturday, indicating renewed bullish momentum.

Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC extends rally, ETH and XRP near key resistance zones

Bitcoin price is trading at $80,161 on Monday, retaining a constructive bias as it holds above a dense support band defined by the 50% retracement at $78,962 (drawn from the January high to the February low) and the 100-day Exponential Moving Average (EMA) near $75,903. The shorter-term 50-day EMA around $74,448 reinforces the underlying uptrend. Momentum remains firm, as the Relative Strength Index (RSI) on the daily chart hovers in bullish territory near 66, and the Moving Average Convergence Divergence (MACD) has turned higher and returned to positive territory, hinting that buyers still control the near-term tone despite the proximity to major overhead barriers.

Author

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.

More from FXStreet Team
Share:

Editor's Picks

Ripple remains range-bound above key support

Ripple holds firmly above the $1.00 near-term support at the time of writing on Monday. The remittance token’s upside is capped under key descending moving averages, undermining the broader technical outlook.

Crypto Today: Bitcoin, Ethereum, XRP eye short-term recovery amid ETF inflows

Cryptocurrency prices are gaining traction on Monday, with Bitcoin trading above $65,000, Ethereum holding the near-term $1,900 support and Ripple hovering above the critical $1.00 demand zone. The broad recovery comes amid capital inflows through US-listed ETFs.

Worldcoin advances on Eightco buying, firm retail demand

Worldcoin is up 12% so far on Monday, advancing the mild gains from the previous day. Eightco Holdings reported that it holds 302 million WLD tokens, worth roughly $96 million, indicating steady institutional interest, with retail demand holding firm as Open Interest is up 15% in 24 hours.

Bitcoin: Bulls regain ground as BTC reclaims $65,000 

Bitcoin holds above $65,000 at the time of writing on Monday, after recovering more than 2% last week, with bulls finding support around the 200-week Simple Moving Average. Strong spot Exchange Traded Funds inflows point to renewed institutional demand.

Bitcoin: Can bulls weather the market uncertainty?
Bitcoin (BTC) remains resilient, trading above $65,000 on Friday, with bulls defending key support despite cautious market sentiment. US-listed spot Bitcoin Exchange-Traded Funds (ETFs) showed strong inflows through Thursday, pointing to renewed institutional demand.