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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Aave Price Forecast: AAVE primed for breakout as bullish signals strengthen

Aave (AAVE) price is trading above $204 at the time of writing on Friday and approaching the upper boundary of its descending parallel channel; a breakout from this structure would favor the bulls.

Meme Coins Price Prediction: DOGE, SHIB, PEPE stall amid warming retail demand

Meme coins, including Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE), struggle to regain strength as the broader cryptocurrency market recovers. Derivatives data reveals fresh retail demand as Open Interest of DOGE, SHIB, and PEPE futures surge.

Terraform Do Kwon gets 15-year prison sentence for role in Terra-Luna $40 billion crash

Terraform Labs founder Do Kwon was sentenced to 15 years in prison by a New York federal court on Thursday for his role in organizing one of the largest cryptocurrency frauds in history.

Top 3 Price Prediction: BTC and ETH eyes breakout, XRP steadies at support

Bitcoin (BTC) and Ethereum (ETH) are nearing the key resistance levels at the time of writing on Friday, and a successful breakout could open the door for a fresh rally. Meanwhile, Ripple (XRP) is stabilizing around a crucial support zone, hinting at a potential rebound if buyers maintain control.

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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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