|

Cryptocurrencies Price Prediction: Dogecoin, Ripple and Ethereum – American Wrap 30 August

Dogecoin buyers nowhere to be seen as DOGE price dips lower

Dogecoin (DOGE) is in a bit of pause mode as buyers have not been able to push prices above $0.30. After the correction DOGE had on August 24, price action has refrained from paring back those losses with the break of the green ascending trend line. Instead, price action is going sideways and does not show much sign of improvement as it looks to be stuck between $0.30 to the upside and $0.27 to the downside.

XRP Price Prediction: XRP heads toward $1

Ripple (XRP) has been on a downward trajectory since August 15. Price action could not get back up there, and since then prices have shown lower highs. In that push to the downside, Ripple could not hold price-action above the purple descending trend line. The trend line got chopped up several times and looks to have served its purpose for now. 

Ethereum edges closer to a breakout that would be determined by this price level

Ethereum (ETH) is consolidating in its price action. Price is getting squeezed in from both sides by buyers and sellers. The highs are getting lower, and the lows are getting higher. A breakout looks imminent, and it will be critical to see if ETH can run up again toward the higher boundary at $3,391.

Author

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.

More from FXStreet Team
Share:

Editor's Picks

Pi Network extends consolidation as bulls eye $0.10

Pi Network price holds steady on Friday, maintaining a consolidating tone for three consecutive days. Mild retail strength in the PI token remains stable, with Open Interest above $9 million, while social buzz eases.

Bitcoin Weekly Forecast: Hormuz uncertainty clouds BTC outlook

Bitcoin trades around $62,900 on Friday, down over 3% so far this week, but signs of stabilization are emerging. Tensions in the Strait of Hormuz are keeping Oil prices and the war-risk premium elevated, supporting the US Dollar and weighing on BTC.

Crypto Today: Bitcoin, Ethereum, and Ripple risk steeper correction as bearish pressure mounts

Bitcoin trades below $63,000 on Friday, projecting a downside bias as selling pressure resurfaces. Ethereum and Ripple also take a bearish path, risking a drop below the 50-day Exponential Moving Average at $1,856 and the $1.00 psychological support, respectively.

Bitcoin SV Price Forecast: BSV hits three-month high, eyeing 200-day EMA breakout

Bitcoin SV (BSV) is up nearly 2% on Friday, extending a steady upward trend over the last two weeks. Retail strength builds in BSV amid multiple vulnerabilities found in the Bitcoin ecosystem.

Bitcoin: Hormuz uncertainty clouds BTC outlook
Bitcoin (BTC) trades around $62,900 at the time of writing on Friday, down over 3% so far this week amid cautious institutional demand and persistent geopolitical uncertainty. While BTC shows signs of stabilization, elevated Oil prices and tensions in the Strait of Hormuz continue to weigh on risk sentiment, keeping the Crypto King’s near-term outlook under pressure.