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Cryptocurrencies Price Prediction: Dogecoin, Monero & Cryptos – American Wrap 05 February

FXStreet Team FXStreet

Will Dogecoin outshine XRP? Publicly traded Canadian firm buys 1 million DOGE

Dogecoin (DOGE) and XRPLedger’s native token XRP observe a correction on Wednesday, extending their losses from the past seven days. DOGE is down 2.43% and XRP lost nearly 5% of its value on the day.

Monero Price Forecast: XMR bulls target double-digit gains amid market volatility

Despite the recent market correction this week, Monero’s (XMR) price stabilizes above $220 at the time of writing on Wednesday after retesting its ascending trendline and finding support around $195 on Monday. Coinglass data shows that the XMR long-to-short ratio reaches the highest level in over a month, indicating more traders are betting Monero’s price will rally.

Cryptocurrency market takes a wait-and-see approach

The cryptocurrency market remains in the same position as the previous day, with minor changes at the end of the 24 hours and a capitalisation of $3.21 trillion. Increased buying volumes met market dips, but a new info catalyst is needed for real growth.

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FXStreet Team

FXStreet

XRP trades under pressure amid weak retail demand

XRP presses down on the 50-day EMA support as risk-averse sentiment spreads despite a positive start to 2026. XRP faces declining retail demand, as reflected in futures Open Interest, which has fallen to $4.15 billion.

Pi Network Price Forecast: PI holds key support as momentum coils

Pi Network (PI) trades close to $0.2100 at press time on Friday, stabilizing after a two-day decline of nearly 2%. The PI token's trading volume steadily declines, while a surge in social dominance suggests a potential spike in retail interest.

Crypto Today: Bitcoin, Ethereum, XRP risk further decline as market fear persists amid slowing demand

Bitcoin holds $90,000 but stays below the 50-day EMA as institutional demand wanes. Ethereum steadies above $3,000 but remains structurally weak due to ETF outflows. XRP ETFs resume inflows, but the price struggles to gain ground above key support.

Bitcoin Weekly Forecast: Early-2026 rally falters as BTC investors await key catalyst

Bitcoin is trading lower toward $90,000 on Friday after encountering rejection at a key resistance zone. The price pullback in BTC is supported by fading institutional demand, as spot Exchange Traded Funds have recorded net outflows so far this week.

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Bitcoin: Early-2026 rally falters as BTC investors await key catalyst

Bitcoin (BTC) is trading lower toward $90,000 on Friday after encountering rejection at a key resistance zone. The price pullback in BTC is supported by fading institutional demand, as spot Exchange Traded Funds (ETFs) have recorded net outflows so far this week.