Cryptocurrencies Price Prediction: Dogecoin, Ethereum & Cardano – European Wrap 04 January [Video]

FXStreet Team FXStreet

Dogecoin price attempts a 13% advance as DOGE sets a perfect reversal point

Dogecoin price has been stuck trading below a vital resistance level and hovering around a crucial support floor. While a breakdown of this foothold could result in a massive downswing, DOGE has not done it yet. As of this writing, the meme coin eyes a minor upswing.

DOGE/USDT 4-hour chart

Lackluster performance could see ETH crash to $3,100

Ethereum price has been stuck trading between two crucial levels for more than three weeks. The recent downswing has brought it close to a vital support barrier, a breakdown of which could catalyze further crashes for ETH.

ETH/USDT 1-day chart

Cardano price presents a bullish buying opportunity as ADA nears a stable support floor

Cardano price, like Solana, has set up a bottom reversal pattern, indicating a trend change is likely. A bounce off the immediate support floor will kick-start the bullish outlook for ADA and propel it to retest a crucial resistance barrier.

ADA/USDT 4-hour chart

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XRP steadies above $1.90 support as fund inflows and retail demand rise

Ripple (XRP) is stable above support at $1.90 at the time of writing on Monday, after several attempts to break above the $2.00 hurdle failed to materialize last week. Meanwhile, institutional interest in the cross-border remittance token has remained steady.

Cardano struggles to extend gains as retail interest wanes despite Midnight's NIGHT token launch

Cardano ticks higher after a bearish weekend, struggling to extend an upcycle within a descending wedge pattern. On-chain data shows an increase in trading volume and user activity after the Midnight side chain token launch.

Crypto Today: Bitcoin, Ethereum recover as XRP remains supported by ETF inflows

Bitcoin is trending up toward the pivotal $90,000 level at the time of writing on Monday, which marks four consecutive days of gains. Altcoins, including Ethereum and Ripple, are also rebounding above key short-term support levels.

Bitcoin nears $90,000 as recovery hopes clash with institutional outflows

Bitcoin is approaching the $90,000 resistance level at the time of writing on Monday, raising hopes of a short-term recovery. However, the bullish recovery is being challenged by weakening institutional demand, as evidenced by outflows from Spot ETFs.

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Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.

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