Cryptocurrencies price prediction: XRP, Dogecoin & Bitcoin – American Wrap 03 March

FXStreet Team FXStreet

XRP risks extending losses as US-Iran war rages on

Ripple (XRP) has come under pressure, drifting lower to $1.35 at the time of writing on Tuesday. The over 2% correction looks poised to erase the previous day’s gains, which lifted the remittance token to $1.42.

Dogecoin Price Forecast: DOGE risks deeper pullback as US-Iran war rattles crypto assets

Dogecoin (DOGE) is trading around $0.090 at the time of writing on Tuesday, as risk-off sentiment grips the broader crypto market amid the ongoing war between the United States (US) and Iran.

Bitcoin slides as Oil surges and rising yields tighten financial conditions

Bitcoin is retreating after briefly moving above 70k on Monday, pulled lower alongside other risk assets as concerns mount over a prolonged conflict in the Middle East.

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FXStreet Team

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Aave Price Forecast: Bearish RSI divergence risks a 20% drop despite steady DeFi deposits

Aave (AAVE) extends a mild near-term recovery, holding above its 50-day Exponential Moving Average at $90.80. Aave protocol’s V3 deployment on Monad blockchain recorded over $500 million in deposits over the last month, reflecting increased user adoption.

Dogecoin Price Forecast: Bullish divergence hints at DOGE recovery

Dogecoin (DOGE) steadies near $0.070 after falling 3.5% last week. While the broader trend remains bearish, improving derivatives metrics and bullish divergences in momentum indicators suggest that selling pressure may be easing, hinting at a potential recovery. Derivatives data shows bullish sentiment among Dogecoin traders.

Top Altcoins Price Forecast: Ripple nears triangle breakout while Cardano, Hyperliquid rebound

Ripple trades above $1.00, approaching the apex of a symmetrical triangle pattern. Cardano and Hyperliquid hold steady, sustaining gains from the recent rebound. The technical outlook for XRP is mixed while ADA and HYPE maintain a bullish bias. XRP maintains a mixed tone on the daily chart, trapped between two converging trendlines forming a symmetrical triangle pattern.

Ripple and Stellar outlook: XRP and XLM steady as derivatives data points to easing downside pressure

Ripple (XRP) and Stellar (XLM) show mixed price action on Tuesday, with XRP holding above the key $1 support zone while XLM faces rejection at $0.173. Meanwhile, improving derivatives metrics alongside fading bearish momentum suggest that the downside pressure may be easing for both altcoins. Derivatives data shows mild bullish sentiment among traders.

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.