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Cryptocurrencies Price Prediction: Solana, Dogecoin & Bitcoin – European Wrap 30 May

Cryptocurrencies Price Prediction: Solana, Dogecoin & Bitcoin – European Wrap 30 May
FXStreet TeamFXStreet TeamFXStreet

Solana Price Forecast: SOL targets the $140 level amid declining bullish momentum

Solana (SOL) is down nearly 7.008% so far this week on Friday as the broader crypto market faces a surge in volatility due to the reinstatement of US President Donald Trump’s tariffs. The US Appeals court lifted the ban on Trump’s tariffs temporarily on Thursday after the US International Trade court struck down tariffs on Wednesday. SOL is inching closer to its lowest trading price in two weeks as bullish momentum erodes and bearish sentiment surges in the derivatives market due to massive long liquidations. 

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Dogecoin risks extended fall as Elon Musk exits DOGE

Dogecoin (DOGE) is down over 3% at press time on Friday as market volatility aligns with Elon Musk’s 130-day term as Special Government Employee, heading the Department of Government Efficiency (D.O.G.E.). Amidst the exit of Dogefather from federal responsibilities, President Donald Trump announces a press conference at the Oval Office on Friday at 1:30 P.M. EST, while Dogecoin risks a downfall below the $0.20 support. 

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Bitcoin Weekly Forecast: BTC dips as profit-taking surges, but institutional demand holds strong

Bitcoin (BTC) is stabilizing around $106,000 on Friday, following three consecutive days of correction that have resulted in a near 3% decline so far this week. The correction in BTC prices was further supported by the profit-taking activity of its holders, which has reached a three-month high. 

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