Cryptocurrencies Price Prediction: Dogecoin, Ripple & Bitcoin – American Wrap 25 August

Dogecoin Price Forecast: What’s next as DOGE whales de-risk amid low wallet activity
Dogecoin (DOGE) recovery has become elusive, worsened by risk-off sentiment in the broader cryptocurrency market. A 5% decline on Monday sees the largest meme coin by market capitalization exchange hands below $0.22 at the time of writing.

Ripple Price Forecast: XRP eyes $3.00 breakout as Gemini debuts XRP-focused Mastercard
Ripple (XRP) offers recovery signs, trading at around $2.96 on Monday. Despite weak market sentiment led by Bitcoin’s (BTC) flash drop below $112,000, XRP has stayed above the critical $2.90 support since Friday’s macro-led recovery, which peaked at $3.12 over the weekend.

BTC/USD outlook: Bears regain full control but continue to face headwinds
BTCUSD remains in red for the third straight day and pressures again key supports at 111370 (100DMA / 50% retracement of 98182/124558) and 110722 (daily Ichimoku cloud base) after fully retracing Friday’s post-Powell rally and dipping to the lowest since July 9.
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FXStreet Team
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