Cryptocurrencies Price Prediction: Floki Inu, PEPE Coin & Dogecoin — Asian Wrap 20 April

FXStreet Team FXStreet

Floki Inu price declining by 15% might have its investors, or the lack thereof, to thank for

Floki Inu has kept its head down, charting no growth but simply moving sideways for the last month. While investors are hoping this is the build-up before FLOKI marks a recovery to yearly highs, the meme coin might not be able to do so primarily because these very investors are the reasons for the lack of a rally.

PEPE coin whales suspiciously amass 7% of all supply before 900% rally; threat or conviction?

PEPE, the newest addition to the crypto meme coin token list, is reinvigorating the meme coin discourse. The regurgitated discussions surrounding Dogecoin and Shiba Inu were diminishing the sector’s popularity, which is seeing a resurgence thanks to PEPE.

Dogecoin Price Forecast: Starship launch could see DOGE rocketing over 20%

Dogecoin price (DOGE) has been on an uptrend since around March 10, with bulls leading the market and taking DOGE above key hurdles. Many factors have played a role in the meme coin’s rally, including a recent move by Twitter CEO, Elon Musk, to switch the Twitter logo from the traditional bird to a Shiba Inu dog, the alt season, and the latest Bitcoin dominance.

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XRP steadies above $1.90 support as fund inflows and retail demand rise

Ripple (XRP) is stable above support at $1.90 at the time of writing on Monday, after several attempts to break above the $2.00 hurdle failed to materialize last week. Meanwhile, institutional interest in the cross-border remittance token has remained steady.

Cardano struggles to extend gains as retail interest wanes despite Midnight's NIGHT token launch

Cardano ticks higher after a bearish weekend, struggling to extend an upcycle within a descending wedge pattern. On-chain data shows an increase in trading volume and user activity after the Midnight side chain token launch.

Crypto Today: Bitcoin, Ethereum recover as XRP remains supported by ETF inflows

Bitcoin is trending up toward the pivotal $90,000 level at the time of writing on Monday, which marks four consecutive days of gains. Altcoins, including Ethereum and Ripple, are also rebounding above key short-term support levels.

Bitcoin nears $90,000 as recovery hopes clash with institutional outflows

Bitcoin is approaching the $90,000 resistance level at the time of writing on Monday, raising hopes of a short-term recovery. However, the bullish recovery is being challenged by weakening institutional demand, as evidenced by outflows from Spot ETFs.

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Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.

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