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Cryptocurrencies Price Prediction: Ripple, Terra & Dogecoin — Asian Wrap 03 June

XRP price could fall again as the cryptocurrency market reacts to geopolitical shifts and gun control proposals

XRP price is likely to fall into the mid $0.30s again. Traders should keep the digital remittance token on their watchlist in hopes of catching a profitable trade. XRP price is still on pace for more decline. Invalidation of the bearish thesis is still a close above 0.44.

Terra Luna CEO keeps his word as re-launch prompts investors

Luma price has relaunched after witnessing the largest crash in Crypto history. LUNA price has risen from the ashes as the digital asset’s 2.0 version trades at $7.00. Terra Luna creators have spent the last few weeks catering to public relations, press and responding to investors. 

Smart Money vs Dumb Money: Who controls the Dogecoin price?

Dogecoin price has begun to detrend from the bias developed in last week’s thesis. The target of $0.11 may not be achieved. Dogecoin price has recently shown bearish re-entrance in the market. The bulls lost about 10% of gains made since the uptrend on May 27.

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Bitcoin: The capitulation phase unfolds

Bitcoin (BTC) market structure continues to deteriorate as the capitulation phase begins to take shape, with BTC sliding below $97,000 on Friday and extending losses to more than 7% so far this week.