|

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.

Author

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.

More from FXStreet Team
Share:

Editor's Picks

Arthur Hayes' “Holy Trinity” is dead: Exits Zcash after Orchard Pool exploit

Arthur Hayes has entirely dumped his “Holy Trinity” holdings by offloading his Zcash holdings on Friday. The selling reflects Hayes meticulously trimming his crypto holdings after the sale of Hyperliquid and NEAR Protocol on Thursday. 

Top 3 Price Prediction: BTC eyes $60,000, ETH risks $1,750, XRP could test $1

Bitcoin, Ethereum, and Ripple prices edge lower on Friday, extending a steady decline of roughly 15% so far this week. Institutional outflows weigh on Bitcoin and Ethereum while XRP largely follows the broader market trend.

DeFi hack losses drop 80% from 2022 peak as security defenses improve — Immunefi

Losses from decentralized finance exploits have fallen by 80% since reaching a record high in 2022, according to a report released by Immunefi. The report found that DeFi protocol losses declined from $2.62 billion in 2022 to $534 million in 2024.

Ethereum Price Forecast: BitMine's Strategy-inspired stock offering likely to fuel ETH purchases

Ethereum (ETH) is down more than 1.7% over the past 24 hours on Thursday, extending its weekly decline by 12% despite positive feedback following Ethereum treasury firm BitMine Immersion Technologies' (BMNR) plan to launch a Series A Perpetual Preferred Stock.

Billions in ETF outflows don’t bode well
Bitcoin (BTC) remains under pressure, trading below $74,000 on Friday, and is set to post its third consecutive week of losses. The institutional sell-off continues, with spot BTC Exchange-Traded funds (ETFs) recording billions in outflows. In addition, sticky inflation and macroeconomic headwinds suppress the Crypto King’s upside potential. Institutional demand continues to weaken so far this week.