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Cryptocurrencies Price Prediction: Dogecoin, Hyperliquid & Cardano – Asian Wrap 25 May

Cryptocurrencies Price Prediction: Dogecoin, Hyperliquid & Cardano – Asian Wrap 25 May
FXStreet TeamFXStreet TeamFXStreet

Dogecoin, Shiba Inu and Pepe slide as meme coin correction gathers pace

Dogecoin’s price failed to close above the key 100-day Exponential Moving Average (EMA) at $0.105 on Thursday and declined by over 3% the next day. DOGE closed below the 50-day EMA at $0.103 and struggled below it during the week. At the time of writing on Monday, DOGE trades below this resistance at $0.102. If DOGE continues to correct, it could extend the losses toward the key psychological level at $0.100.

Hyperliquid Price Forecast: Institutional demand, buybacks fuel the HYPE

Hyperliquid (HYPE) is trading at an all-time high level at press time on Monday, driven by institutional and retail demand for the Decentralized Exchange (DEX). The revenue-linked HYPE token buyback supports the rally into a price discovery mode. The technical outlook is bullish, projecting a potential rise toward $80.

Cardano Price Forecast: Bears tighten grip as downside risks grow

Cardano (ADA) remains bearish, trading below $0.250 on Monday after falling by more than 15% over the past two weeks. Weakening derivatives metrics, alongside a deteriorating technical outlook, suggest the correction could extend further.

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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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