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Cryptocurrencies Price Prediction: Ripple, Ethereum & Bonk — American Wrap 14 May

Cryptocurrencies Price Prediction: Ripple, Ethereum & Bonk — American Wrap 14 May
FXStreet TeamFXStreet TeamFXStreet

Ripple Price Prediction: XRP bulls hold steady, eyeing $3.00

Ripple’s (XRP) price trades broadly stable at around $2.60 on Wednesday, upholding the recent bullish trend as crypto markets cheer amid improved sentiment. An increase in exposure to XRP among the whales, especially those holding more than 10 million XRP, could accelerate the rally. The uptrend mirrors a noticeable increase in the XRP futures Open Interest (OI) by over $1 billion in the past week, pointing to rising trader interest.

Ether nears $2.7K, Dogecoin zooms 9% as crypto market remains cheery

Ether (ETH) and Dogecoin (DOGE) led majors gains on Wednesday with a 9% jump in the past 24 hours, extending a bullish streak that’s seen both tokens gain double digits over the past week.

Bonk Price Forecast: Breakout from bullish pattern projects a 60% surge

Bonk (BONK) price consolidates gains of around $0.000023 on Wednesday after breaking out of a cup and handle pattern. The technical breakout, eyeing almost a 60% increase to $0.000034, is part of a broader bullish wave in the cryptocurrency market, accentuated by high risk-on sentiment. 

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FXStreet Team

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

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Ripple bulls eye another breakout with $1.70 in sight

Ripple bulls eye another breakout with $1.70 in sight

Ripple (XRP) upholds a strong bullish outlook, while consolidating near $1.50 on Tuesday. A 72% rally last week pushed the token to $1.70 before it pulled back to seek support amid possible profit-taking and an overstretched market trend.

Polygon extends rally as bull market discovers steady network growth

Polygon extends rally as bull market discovers steady network growth

Polygon (POL) advances to a steady recovery above $0.1200 on Tuesday for the fifth consecutive day, sustaining its 45% gains from last week. The Polygon network is witnessing steady growth in transaction activity and real economic value.

Crypto Today: Bitcoin soars past $80K as Ethereum and XRP hold gains

Crypto Today: Bitcoin soars past $80K as Ethereum and XRP hold gains

Bitcoin (BTC) is trading above $80,000 on Tuesday. This is the highest level the Crypto King has traded since mid-May, underscoring a positive shift in investors' risk-on sentiment, liquidity conditions and the technical outlook.

Bitcoin rally above $80,000 shows signs of overheating 

Bitcoin rally above $80,000 shows signs of overheating 

Bitcoin extends gains, trading above $80,000 at the time of writing on Tuesday following its strongest weekly rise in more than three years. Institutional demand continues to support this rally, with spot ETFs recording positive inflows on Monday.

Bitcoin: The US Treasury saves BTC

Bitcoin: The US Treasury saves BTC

Bitcoin extends gains, trading above $77,000 on Friday after rallying over 20% and reaching its highest level since mid-May. Crypto markets continue to cheer the US Treasury’s decision to double its debt buyback operations, posting their 7th-largest liquidation event in history.