Cryptocurrencies Price Prediction: Dogecoin, Pengu & Ethereum — Asian Wrap 22 July

FXStreet Team FXStreet

Dog-based meme coins DOGE and SHIB signal more upside as Open Interest climbs

Dog-themed meme coins Dogecoin (DOGE) and Shiba Inu (SHIB) are stabilizing around key levels after a double-digit rally in the previous week. Derivatives data for both meme coins suggest further gains as Open Interest (OI) is increasing, signaling growing investor confidence.

Top Crypto Gainers: PENGU leads the market gains amid San Diego Comic Con return, KAS and RAY follow

Pudgy Penguins (PENGU) edges higher by nearly 2% at press time on Tuesday, extending the 20% gains from Monday. The meme coin’s sudden rise, outpacing the broader cryptocurrency market in the last 24 hours, could be connected to its return to San Diego Comic-Con 2025.

Ethereum, XRP and Solana lead crypto market rally: Is altcoin season here?

The cryptocurrency market is showing early signs of an altcoin season, following a sustained uptrend in top altcoins, including Ethereum (ETH), XRP, and Solana (SOL), over the past week, while Bitcoin (BTC) remained range-bound. The overall crypto market maintained its bullish outlook over the past week, led by gains of over 20% across major altcoins, including Ethereum, Solana, and XRP, while Bitcoin saw a mild decline of 2%.

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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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