Cryptocurrencies Price Prediction: Pi Network, Ripple & Cryptos – American Wrap 15 July
Pi Network Price Forecast: Whale activity, bullish RSI divergence oppose the risk of further losses
Pi Network (PI) edges lower by 2% at press time on Tuesday, failing to join the bandwagon of altcoins fueled by Bitcoin (BTC) reaching record high levels. The increasing supply pressure on Centralized Exchanges (CEXs) and the token unlocks fuel the declining trend in PI token, resulting in a retest of the $0.4460 support level. A confident, large investor adds over $2 million in PI tokens amid the declining trend, while technicals signal a bullish divergence.
Ripple Price Forecast: XRP uptrend cools amid 'Crypto Week' and rising US inflation
Ripple (XRP) slips below $3.00 on Tuesday, exchanging hands at $2.87. The decline follows XRP's rally, which reached a weekly high of $3.03 on Monday, reflecting the soaring volatility in the broader cryptocurrency market.
Dogecoin, Shiba Inu face profit-taking risk as Bitcoin's rally takes a breather
Dogecoin (DOGE) and Shiba Inu (SHIB) are frontlining meme coins losses on Tuesday, following a strong uptrend the previous day. The surge in the prices of DOGE, SHIB and other crypto assets followed in the footsteps of Bitcoin (BTC), which hit a new record high of $123,218 on Monday.
Author
FXStreet Team
FXStreet
