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Cryptocurrencies Price Prediction: Dogecoin, Ripple & Bitcoin – American Wrap 14 May

Top 3 Prediction Bitcoin, Ripple, Ethereum: IRS focused on cryptocurrency tax cheats, ETH reclaims $4,000

Bitcoin price may have survived the first test at the head-and-shoulders neckline, but the resulting doji candle speaks to indecision. Ethereum price once again shakes off the broader weakness in the cryptocurrency market, eager to continue the seven-week rally. Ripple price strikes support at the 50-day simple moving average (SMA).

Dogecoin Price Prediction: DOGE bulls hold the key for 40% gains

Dogecoin price has seen a massive surge after Elon Musk’s recent tweet revealed that he is working with the developers of the meme coin to improve its transaction efficiency. With DOGE approaching a critical point in its uptrend, more gains stand to be realized if buyers push through.

Elliott Waves on BTC/USD hint at a bearish structure: Watch this level

Bitcoin has had another dip recently, losing yet more ground against bears. However, bulls keep prices firm above the March low at $43145, at least. Should prices decline towards the said levels, the probabilities of an impulse to the downside will increase. And there is two way this impulse could unroll, based on how the structure from the support mentioned above is seen.

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XRP turns bearish as US inflation jitters hit crypto

Ripple is stuck in a bearish trend, trading near $1.30 on Thursday. The remittance token’s bearish shift reflects the broader cryptocurrency market, which remains under heavy selling amid concerns about accelerating inflation in the US.

Pi Network extends losses ahead of Protocol v28 Mainnet upgrade

Pi Network (PI) trades around $0.0780 at press time on Thursday, rising from $0.0740 earlier in the day. Pi Mainnet is scheduled for the Protocol v28 upgrade on Friday, focusing on data handling and smart contract maintenance.

Crypto Today: Bitcoin, Ethereum and XRP test short-term support amid market-wide selling

Cryptocurrency prices remain under intense selling pressure on Thursday, with Bitcoin struggling to hold above $81,000 after testing its key demand area near $80,000. Ethereum reflects Bitcoin’s weakening technical outlook, edging lower below $2,400.

Bitcoin slips below $81,000 amid inflation fears, ETF outflows

Bitcoin extends losses, slipping below $81,000 on Thursday as hotter-than-expected US inflation data weigh on market sentiment. Institutional demand weakens as BTC spot ETFs recorded an outflow of over $261 million on Wednesday.

Bitcoin: Uptober or Rektober?
Bitcoin (BTC) price is down over 4% so far this week, trading below $83,000 at the time of writing on Friday as mounting selling pressure threatens to derail the seasonal “Uptober” rally. Profit-taking, a surge in long liquidations and weakening demand from institutional investors are weighing on BTC.