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

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