Cryptocurrencies Price Prediction: Dogecoin, Ethereum & Bitcoin – American Wrap 02 June

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Smart Money vs Dumb Money: Who controls the Dogecoin price?

Dogecoin price has recently shown bearish re-entrance in the market. The bulls lost about 10% of gains made since the uptrend on May 27. The new decline throws off the trajectory for the DOGE price and now places a large question mark surrounding the notorious meme coin’s future.

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Bearish trend intact but expect a rebound

Bitcoin price, Ethereum and other cryptocurrencies are in perfect equilibrium, with price action consolidating, forming lower highs and higher lows in the process. Buyers and sellers are getting squeezed into one another as a bearish triangle reaches completion in all three cryptocurrencies, ready for a possible breakout either next week or the week after that. The catalyst needed for that breakout will either be a central bank surprise, or a geopolitical event, so watching the headlines will be crucial to time the exact moment for engaging right.

After the recent pump and dump, where will Ethereum price go next?

Ethereum price has flipped its direction on the three-hour chart, undoing gains seen between May 28 and 31. While this correction might seem bearish, it could trigger a minor relief rally before a massive crash to significant levels.

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FXStreet Team

FXStreet

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.

Japanese Yen gains after hawkish Fed hold

USD/JPY trades near the 163.60 area on Wednesday, recovering from its immediate post-announcement decline as investors assess a generally hawkish Federal Reserve (Fed) monetary policy decision. The Federal Open Market Committee (FOMC) left the Fed funds rate unchanged within the 3.50%–3.75% range, as widely expected.

XRP edges up as Flare simplifies staking process

Ripple (XRP) holds modest gains, trading around $1.08 at the time of writing on Wednesday. The remittance token mirrors the general neutral-to-bullish outlook in the crypto market, as focus shifts to the Federal Reserve (Fed) rate decision. Market participants widely expect the Fed to leave interest rates unchanged in the 3.50%-3.75% range.

Crypto Today: Bitcoin, Ethereum, XRP post modest gains ahead of Fed rate decision

Cryptocurrency prices are broadly stable on Wednesday ahead of the Federal Reserve (Fed) interest rate decision. Bitcoin (BTC) holds above $64,000 but is struggling to sustain its rebound while Ethereum (ETH) sits above the short-term $1,900 support. Meanwhile, Ripple (XRP) is approaching the pivotal $1.10 resistance, a level that could shape the token’s upward trajectory if it is breached.

Bitcoin muted as markets fret over Fed, crypto bill

There are two main drivers for crypto this week, keeping Bitcoin trapped within its $58,000-$65,000 summer consolidation range. The cautious tone is being set by the Fed's policy decision scheduled later on Wednesday, a key catalyst for risk assets.

Bitcoin: BTC holds firm, but the $100 Oil threat could change the game

Bitcoin (BTC) is modestly recovering, trading at $65,400 on Friday and holding firmly above the key support zone. US-listed spot Bitcoin Exchange Traded Funds (ETFs) supported BTC’s modest recovery as they continued to attract institutional inflows through Thursday, pointing to the third consecutive week of inflows.