Cryptocurrencies Price Prediction: Solana, Dogecoin & Ripple – Asian Wrap 28 May

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Solana Price Forecast: SOL extends correction amid fresh US-Iran tensions

Solana (SOL) extends its losses trading toward the $80 mark as of writing on Thursday. The price correction is further supported by the fresh US-Iran tensions weighing on risk sentiment. Weakening derivatives metrics and bearish momentum indicators suggest further correction for SOL in the near term.

Dogecoin Price Forecast: DOGE flashes extreme downside risk amid broader market sell-off

Dogecoin (DOGE) faces intense selling pressure, extending its decline below $0.1000 at press time on Thursday. Roughly $10 million has been wiped out from DOGE futures over the last 24 hours, reflecting a sell-off wave under broader market pressure. The technical outlook is bearish, with the path of least resistance targeting $0.0879.

Ripple and Stellar outlook: XRP slips, XLM climbs on DTCC deal

XRP trades at $1.28 on Thursday, slipping below the key horizontal support at $1.30. XRP is maintaining a clear bearish near-term tone as price holds below the 50-, 100-, and 200-day Exponential Moving Averages (EMAs), clustered from roughly $1.39 to $1.66. The altcoin also trades below the downward-sloping parallel channel cap near $1.38. Meanwhile, the Relative Strength Index (RSI) hovers around 33, hinting at persistent downside pressure as conditions edge toward oversold territory. The Moving Average Convergence Divergence (MACD) indicator remains in negative territory, with the MACD line below its signal line, reinforcing a weak momentum backdrop despite the proximity of nearby resistance.

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CLARITY Act approval odds sink fast ahead of Congressional hearing

The US House Financial Services Committee’s Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence (AI) is holding a hearing titled “Building the Future of Finance: How the CLARITY Act Unlocks Innovation” on Friday.

Crypto Today: Bitcoin, Ethereum, XRP give back gains as tit-for-tat US-Iran strikes persist

Bitcoin has corrected by more than 1% on the day, trading below $63,000. This is part of a larger retracement from its weekly high of $65,600. Ethereum and Ripple similarly reflect overall pressure, with ETH falling toward the short-term $1,800 support and XRP hovering below the pivotal $1.10 level.

Dogecoin nears yearly low as bearish bias grows

Dogecoin extends its decline on Friday, trading near its yearly low at $0.069 as bearish sentiment continues to weigh on the meme coin. Weakening derivatives metrics and a deteriorating technical outlook suggest a deeper correction if DOGE slips below $0.069.

Pi Network Price Forecast: Mild recovery in PI marks early signs of trend reversal

Pi Network (PI) shows a mild recovery on Friday, following three consecutive days of consolidation, as selling pressure eases after a steep decline earlier this month. Speculative demand for a potential rebound in PI is on the rise as its Open Interest remains elevated.

Bitcoin’s potential recovery in the second half hinges on these 4 catalysts

Bitcoin (BTC) has fallen over 34% in the first half of this year as the King Crypto failed to capitalize on a good semester for risk assets despite the woes from the Iran war.