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Cryptocurrencies Price Prediction: SafeMoon, Ripple and Dogecoin – European Wrap 12 July

SafeMoon price begins to climb as bulls re-enter the crypto markets

SafeMoon price has bounced off the critical support level at $0.00000272 and rallied 12%. This run-up has breached the $0.00000295 resistance ceiling and shows signs of continuation. A 22% ascent to $0.00000374 seems likely, but a breakdown of $0.00000257 will invalidate the bullish thesis.

SAFEMOON/USDT 4-hour chart

XRP Price Prediction: Ripple breaks resistance, targeting $0.70

XRP price withstood a fall below the month-long descending trendline after breaking above it on July 4. Buyers looked interested at the $0.60-marker for an entry and were able to push Ripple firmly above it, even closing above the entry point for three consecutive days.

XRP/USD daily chart

Dogecoin price doomed to crash regardless of what Elon Musk says

A brief technical and on-chain analysis on Dogecoin price. Here, FXStreet's analysts evaluate where DOGE could be heading next.

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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 eyes $1.50 breakout despite softening on-chain activity

XRP remains elevated near $1.45 after a sharp spike from the weekly low of $1.31. XRP retains a neutral-to-bullish technical outlook, supported by the RSI and uptrending moving averages.

Zcash Price Forecast: Rally hits nine-year high above $1,000 amid growing shielded demand

Zcash trades above $1,000 on Friday, building on its 16% gain from the previous day. On-chain data show a steady increase in shielded supply to 4.86 million ZEC tokens, pointing to growing demand for privacy.

Crypto’s $638 million buyback boom may not be as bullish as it looks

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Crypto Today: Bitcoin, Ethereum, XRP recovery takes a breather amid capital inflows

Bitcoin corrects lower toward $80,000 after testing highs at $81,269, supported by $731 million in ETF inflows. Ethereum bulls push to regain momentum, with $2,500 providing immediate support.

Bitcoin: Gearing up for a sharp move
Bitcoin (BTC) is trading around $81,000 on Friday, up over 4% so far this week, and awaits a key catalyst that could determine its next directional move. Strong institutional demand is supporting the bullish price action, with spot BTC Exchange Traded Funds (ETFs) on track to record a third straight week of inflows.