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Cryptocurrencies Price Prediction: PEPE, Cardano & Dogecoin — Asian Wrap 16 May

Cryptocurrencies Price Prediction: PEPE, Cardano & Dogecoin — Asian Wrap 16 May
FXStreet TeamFXStreet TeamFXStreet

Cardano price buy signal offers 10% upside for day traders

Invalidation of the bullish thesis will occur if the altcoin flips the $0.342 support barrier into a resistance level.

ADA/USDT 1-day chart

Dogecoin price is holding above an important price point after noting a consistent decline for nearly a month. The meme coin leader falling to a two-month low triggered significant activity among a particular cohort, however, their impact on the bigger picture remains rather insignificant.

DOGE/USD 1-day chart

Best time to invest in Pepe, expert insights from former Dogecoin millionaire

Dogecoin (DOGE) millionaire, Glauber Contessoto, has offered insights on the best time to invest in Pepe (PEPE), the sensational meme coin that made headlines recently with sky-high daily rises.
 

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Crypto Today: Bitcoin, Ethereum, XRP trade under pressure amid mixed technical signals 

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Bitcoin is trading above $90,000 at the time of writing on Tuesday amid sticky risk-off sentiment in the broader crypto market. Altcoins, including Ethereum and Ripple, are paring losses, holding above key support levels.

Bitcoin steadies above $90,000 as Fed rate-cut optimism lifts market sentiment

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Bitcoin price holds above $90,000 on Tuesday after finding support around this key level. Firm expectations that the Fed will cut interest rates on Wednesday boosts investors' appetite for riskier assets such as BTC.

Pepe stalls as on-chain, derivatives data flash bullish signals

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Pepe (PEPE) trades in the red on Tuesday after failing to secure a daily close above the $0.00000500 psychological level on Monday. The technical outlook remains mixed as the meme coin consolidates. 

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Crypto Today: Bitcoin, Ethereum, XRP pare gains despite increasing hopes of upcoming Fed rate cut

Crypto Today: Bitcoin, Ethereum, XRP pare gains despite increasing hopes of upcoming Fed rate cut

Bitcoin (BTC) is steadying above $91,000 at the time of writing on Friday. Resistance at $94,150 capped recovery on Wednesday, but in the meantime, bulls have contained downside risks above $90,000.