|

Cryptocurrencies Price Prediction: Monero, Dogecoin & Bitcoin — Asian Wrap 18 August

Monero Price Forecast: XMR eyes wedge breakout rally amid Qubic hashrate dominance

Monero (XMR) trades in the green at press time on Monday, marking its third consecutive day of uptrend. The privacy coin aims to reclaim its 200-day Exponential Moving Average (EMA), backed by increased demand from Qubic, which now controls over 51% of the Monero hashrate. Kraken has re-enabled XMR deposits, which now require 720 confirmations before being credited. 

Dogecoin Price Forecast: Qubic community votes to target DOGE after Monero attack

Dogecoin (DOGE) price trades in red, slipping 4% at the time of writing on Monday, bringing it closer to the critical $0.21 support level; a firm close below could extend further downside. The decline comes as the Qubic community, which recently carried out a 51% attack on Monero (XMR), voted to target DOGE memecoin next. On-chain and derivatives data further highlight bearish sentiment, with DOGE holders realizing losses and rising short bets among traders.

Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC, ETH and XRP flash weak momentum, raising risks of deeper pullbacks

Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are showing signs of weakness as momentum fades across the broader crypto market. BTC and XRP are hovering near the critical $116,000 and $2.99 supports, respectively, while ETH struggles to break above $4,488 resistance. Meanwhile, the momentum indicators of all the top 3 cryptocurrencies are hinting at the risk of a deeper pullback.

Author

More from FXStreet Team
Share:

Editor's Picks

Starknet unveils strkBTC, shielded Bitcoin transactions on Ethereum Layer 2

Starknet, the Ethereum Layer 2 network developed by StarkWare, today announced strkBTC, a wrapped Bitcoin asset that introduces optional shielding while preserving full DeFi composability.

Bitcoin, Ethereum, and Ripple consolidate with short-term cautious bullish bias

Bitcoin, Ethereum and Ripple are consolidating near key technical areas on Friday, showing mild signs of stabilization after recent volatility. BTC holds above $67,000 despite mild losses so far this week, while ETH hovers around $2,000 after a rejection near its upper consolidation boundary.

Ethereum Price Forecast: FG Nexus continues distribution amid signs of returning risk-on sentiment

FG Nexus, once dubbed an Ethereum treasury firm, resumed offloading the top altcoin on Wednesday, distributing 7,550 ETH, according to data from smart money tracker EmberCN.

Top Crypto Gainers: Stable and Decred rally, Pippin approaches record highs

Altcoins, such as Stable, Decred, and Pippin, are extending gains so far this week, defying the risk-averse conditions in the broader cryptocurrency market. Stable and Pippin are near record high levels, while Decred extends its breakout rally above $30.

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.

Bitcoin: Another month of losses, and it’s been five

Bitcoin (BTC) price is stabilizing around $68,000 at the time of writing on Friday, but the Crypto King is poised to close February on a fragile footing, marking its fifth consecutive month of losses since October and a rare start to the year with back-to-back monthly corrections.