Dogecoin price to provide a potential buy opportunity amid market sell-off
Dogecoin price has not shown any strength as its peer meme coins rallied to new highs. The indecision in the market seems to be affecting DOGE as it has been freefalling for nearly three weeks. However, this bearish outlook could end if history repeats.
Shiba Inu presents discounted buy opportunity before SHIBA rallies to $0.000085
Shiba Inu price action shows evidence that selling pressure may abate and that a new swing low has developed. If this is confirmed, then Shiba Inu is ready to test another breakout above the bear market trendline.
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Cryptos look bearish but one might rebound
Bitcoin price remains under pressure and looks depressed as BTC price action is fading away from the $60,000 marker even further. When bears can consolidate below $59,586, expect another 10% devaluation of BTC price. Ethereum price has undergone a similar correction as Bitcoin but saw bulls stepping in at $4,060 and already shows further recovery to the upside. Finally, XRP price looked to break and spiral into an extensive price correction. But XRP saw its buy-side volume pickup, and bulls are regaining control of two key-support levels and could see a 13% uptick in the coming days if bulls keep the momentum going.
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Consensys announced dismissal of a case it filed against the SEC in April about the agency's alleged actions against Ethereum. Judge Reed O'Connor of the Northern District of Texas dismissed the case on Thursday. Consensys claims that the court failed to examine the "merits" of its claim against the SEC.
XRP eyes gains as Ripple gears up for stablecoin launch, Grayscale XRP Trust notes rising NAV
Ripple (XRP) gained 2.3% since the start of the week. The altcoin’s gains are likely powered by key market movers that include Ripple USD stablecoin, Grayscale XRP Trust performance and the demand for the altcoin among institutional investors.
Bitcoin: On the road to $60,000
Bitcoin price retested and bounced off from the daily support level of $56,000 this week. US spot Bitcoin ETFs posted $140.7 million in inflows until Thursday and on-chain data supports a bullish outlook.
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