Cryptocurrencies Price Prediction: Memecore, Bitcoin & Ethena — Asian Wrap 5 September
Crypto Gainers: MemeCore, Pump.fun rally as World Liberty Financial struggles
MemeCore edges higher by 1% at press time on Friday, building on the 34% jump from the previous day. The uptrend in the meme coin has expanded for eight days, after reaching a record high of $1.50 on Thursday. The bullish run faces opposition at the $1.47 level, aligning with the R2 pivot level on the 4-hour chart. A decisive close above this level could stretch the uptrend to $1.81, aligning with the R3 pivot level.
Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC, ETH, and XRP consolidate as traders eye key macro data
Bitcoin (BTC) price trades in green above $111,000 at the time of writing on Friday, having recovered nearly 3% so far this week. Ethereum (ETH) price consolidates between key levels, while Ripple (XRP) finds support around its critical level. The top three cryptocurrencies are consolidating as traders adopt a cautious stance ahead of key US macroeconomic data, due to be released on Friday, which could influence the Federal Reserve’s (Fed) monetary policy outlook, keeping crypto markets on edge.
Ethena drops 10% following Mega Matrix's $2 billion ENA treasury plan
Ethena (ENA) declined on Thursday despite Singapore-based Mega Matrix's (MPU) plan to raise $2 billion from a series of shelf offerings to establish a treasury reserve focused on acquiring ENA and other stablecoin governance tokens.
Author
FXStreet Team
FXStreet
