Cryptocurrencies Price Prediction: Dogecoin,Meta&Solana– American Wrap 31 January [Video]

FXStreet Team FXStreet

Dogecoin price at pivotal point where DOGE could return to $0.20

Dogecoin price has stubbornly and persistently remained inside the bounds of a falling wedge. Except for a false breakout higher and a false breakout lower in the middle of the month, DOGE has been confined to the trendlines of this bullish reversal pattern.

Facebook parent Meta to allow anyone to use its crypto patents

Meta, formerly known as Facebook, has joined Jack Dorsey’s crypto alliance to allow the use of its cryptocurrency patents. The firm is winding down its stablecoin Diem and selling its intellectual property rights to a leading crypto bank.

Solana price set for $100 as crypto markets look to the upside

Solana (SOL) price saw its bullish reversal stop short on Sunday and is now nearing the monthly S2 support level again at $89.28. Although ASIA PAC equity and European indices are firmly in the green, the sentiment has not spilled over to US futures and cryptocurrencies yet.

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Ripple falls below $1.20 despite Africa stablecoin payments push

XRP corrects to trade below $1.20 following early-week rejection at $1.28 and broader crypto market weakness. XRP remains under pressure from declining major moving averages, undermining the MACD buy signal.

Crypto Today: Bitcoin, Ethereum, XRP trim breakout gains as focus shifts to Fed decision

Cryptocurrency prices broadly decline as investors show caution toward risk assets ahead of the Fed's interest rate decision on Wednesday. Bitcoin (BTC) holds around $65,000 after correcting from its Monday high of $67,292.

Ondo Price Forecast: Multiple trendline rejections, fading bullish momentum warn of a steeper correction

Ondo price hovers around $0.3700 at press time on Wednesday, maintaining a broader corrective phase under the influence of a resistance trendline. Retail demand for ONDO remains firm, driven by the tokenization trend for traditional stocks and other Real World Assets.

Bitcoin steadies near $66,000 as markets await first Warsh-led Fed decision

Bitcoin steadies near $66,000 at the time of writing on Wednesday as investors await the Fed’s interest rate decision. Institutional demand shows slight improvement as spot Exchange Traded Funds recorded a mild inflow on Tuesday, after weeks of outflows.

Experts agree: Bitcoin nears bottom, but weak demand raises doubts

Bitcoin (BTC) is trading above $63,000 at the time of writing on Friday after rebounding from the key 200-week Simple Moving Average (SMA) near $62,000, a level widely viewed as key long-term support. The recovery may suggest that Bitcoin has found a floor after a sharp correction that spanned more than a month, but some warning signs persist.