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Cryptocurrencies Price Prediction: Shiba, Ripple & Dogecoin– American Wrap 2 February [Video]

Cryptocurrencies Price Prediction: Shiba, Ripple & Dogecoin– American Wrap 2 February [Video]
FXStreet TeamFXStreet TeamFXStreet

Shiba Inu price consolidation set for a bullish breakout with 28% appreciation

Shiba Inu (SHIB) has been stuck in consolidation since January 22 with lower highs and higher lows, punching in both buyers and sellers towards each other with the scene set for a breakout.

Ripple price breaks above yesterday high as XRP sees bulls taking over price action

Ripple (XRP) price is experiencing a bullish lift after price opened above a vital barrier that could draw more investors into the nascent rally in Ripple coins. The buy-demand force is so tremendous that it is being reflected by the Relative Strength Index (RSI) which is experiencing a substantial up move.

Dogecoin made crypto mainstream, says Litecoin creator Charlie Lee

The Shiba-Inu-themed Dogecoin is identified as the meme coin that made cryptocurrency mainstream. Litecoin creator Charlie Lee believes Dogecoin is a great cryptocurrency and appreciates Elon Musk for making crypto popular. 

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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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XRP holds bearish bias despite spot ETF inflows

XRP holds bearish bias despite spot ETF inflows

Ripple (XRP) retains a bearish near-term tone on Friday, falling toward the psychological support at $1.00. This follows renewed inflation concerns in the United States (US) after the Federal Reserve (Fed) left interest rates unchanged, as two members of the committee dissented in favor of a 25 basis point hike.
Crypto Today: Bitcoin, Ethereum, XRP edge lower despite renewed ETF inflows

Crypto Today: Bitcoin, Ethereum, XRP edge lower despite renewed ETF inflows

The cryptocurrency market broadly corrects on Friday, as investors assess macro uncertainty and geopolitical tensions, which continue to escalate in the Middle East. Bitcoin (BTC) is trading below $64,000, down from the weekly high of $65,745. Altcoins such as Ethereum (ETH) and Ripple (XRP) are trading under increasing selling pressure below $1,900 and $1.10, respectively.
US sanctions Iran-linked Bitcoin insurance scheme for Strait of Hormuz ships

US sanctions Iran-linked Bitcoin insurance scheme for Strait of Hormuz ships

The U.S. Treasury has sanctioned two Iranian firms behind a maritime insurance operation that accepted Bitcoin, saying the scheme forced commercial vessels to buy coverage to pass through the Strait of Hormuz and funnelled the proceeds to the Islamic Revolutionary Guard Corps.
Bitcoin Weekly Forecast: Bulls hold the line

Bitcoin Weekly Forecast: Bulls hold the line

Bitcoin (BTC) edges slightly lower, trading at $64,300 at the time of writing on Friday but holding firmly above a key support zone. US-listed spot Bitcoin Exchange Traded Funds (ETFs) support BTC as they continued to attract institutional flows through Thursday, pointing to the fourth consecutive week of net inflows.
Bitcoin: Bulls hold the line

Bitcoin: Bulls hold the line

Bitcoin (BTC) edges slightly lower, trading at $64,300 at the time of writing on Friday but holding firmly above a key support zone. US-listed spot Bitcoin Exchange Traded Funds (ETFs) support BTC as they continued to attract institutional flows through Thursday, pointing to the fourth consecutive week of net inflows.