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Cryptocurrencies Price Prediction: Dogelon, XRP & Coinbase – European Wrap 24 January

FXStreet Team FXStreet

Dogelon Mars pumps more than 85%, whales dump 128 billion coins and realize a profit

Dogelon Mars (ELON) price continues its rally on Friday after rallying more than 18% this week. On-chain data shows that ELON whale wallets realized profits during the recent surge. The technical outlook suggests a rally continuation of the dog-theme meme coin, targeting double-digit gains ahead.

XRP lose steam, risks 20% decline despite Donald Trump's presidential executive order

Ripple's XRP declined 3% in the early trading hours on Friday as on-chain and technical indicators signify that bulls are losing steam.

XRP showed no signs of recovery despite the positive developments of US President Donald Trump signing an executive order to establish a Presidential Working Group on digital assets.

Coinbase CEO urges governments to hold Bitcoin as strategic reserve

Coinbase CEO Brian Armstrong has declared Bitcoin a "better form of money" than gold, citing its scarcity, portability, and divisibility as key advantages. Armstrong believes Bitcoin’s market cap, currently around $2 trillion, could surpass gold’s $18 trillion within 5 to 10 years. He has urged governments to allocate a portion of their gold reserves to Bitcoin, arguing it is a stronger store of value and a more modern asset for strategic reserves.

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FXStreet Team

FXStreet

XRP trades under pressure amid weak retail demand

XRP presses down on the 50-day EMA support as risk-averse sentiment spreads despite a positive start to 2026. XRP faces declining retail demand, as reflected in futures Open Interest, which has fallen to $4.15 billion.

Pi Network Price Forecast: PI holds key support as momentum coils

Pi Network (PI) trades close to $0.2100 at press time on Friday, stabilizing after a two-day decline of nearly 2%. The PI token's trading volume steadily declines, while a surge in social dominance suggests a potential spike in retail interest.

Crypto Today: Bitcoin, Ethereum, XRP risk further decline as market fear persists amid slowing demand

Bitcoin holds $90,000 but stays below the 50-day EMA as institutional demand wanes. Ethereum steadies above $3,000 but remains structurally weak due to ETF outflows. XRP ETFs resume inflows, but the price struggles to gain ground above key support.

Bitcoin Weekly Forecast: Early-2026 rally falters as BTC investors await key catalyst

Bitcoin is trading lower toward $90,000 on Friday after encountering rejection at a key resistance zone. The price pullback in BTC is supported by fading institutional demand, as spot Exchange Traded Funds have recorded net outflows so far this week.

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Bitcoin: Early-2026 rally falters as BTC investors await key catalyst

Bitcoin (BTC) is trading lower toward $90,000 on Friday after encountering rejection at a key resistance zone. The price pullback in BTC is supported by fading institutional demand, as spot Exchange Traded Funds (ETFs) have recorded net outflows so far this week.