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Cryptocurrencies Price Prediction: Ethereum, Bitcoin and Dogecoin – European Wrap 5 August

Cryptocurrencies Price Prediction: Ethereum, Bitcoin and Dogecoin – European Wrap 5 August
FXStreet TeamFXStreet TeamFXStreet

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Cryptocurrency markets make comeback as BTC bulls resurface

Bitcoin price taking a second attempt at an upswing to retest $42,451. Ethereum price has flipped a crucial resistance level at $2,640 into a support barrier. Ripple price lacks momentum and is close to testing a crucial demand zone extending from $0.623 to $0.671.

BTC/USDT 9-hour chart

Bitcoin price back on track to $100,000 as BTC exchange outflows skyrocket

Previous bull markets were triggered when the Bitcoin supply held by long-term investors increased consecutively for months. BTC has built a base around $30,000, and the benchmark crypto is back on track for hitting $100,000 in 2021. 

Dogecoin price hesitantly aims at 36% advance

Dogecoin price is facing a tough time pushing past a crucial ceiling, which has stunted its growth. Compared to other altcoins, DOGE is struggling. However, breaching past the said barrier will open the path to an explosive upswing.

DOGE/USDT 9-hour chart

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