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Cryptocurrencies price prediction: XRP, Dogecoin & Bitcoin – American Wrap 28 August

Cryptocurrencies price prediction: XRP, Dogecoin & Bitcoin – American Wrap 28 August
FXStreet TeamFXStreet TeamFXStreet

Bitcoin and Gold Outlook: BTC and XAU slide as Fed Chair goes hawkish

Bitcoin (BTC) and Gold (XAU/USD) are broadly retreating on Friday as investors reevaluate their positions after recent price gains. Bitcoin approached $81,500 earlier in the day but faced rejection, fueling the ongoing correction. Meanwhile, XAU/USD hovers below $4,600, following a 3% decline from the pair's August peak of $4,697.

XRP tests key support as Ripple Prime unveils Delta One suite

Ripple (XRP) extends lock-step trading for the third straight day on Friday, as support at $1.40 comes under pressure. The remittance token has remained largely in defense mode since last week’s 72% rally from $1.00 to highs around $1.70.

Dogecoin Price Forecast: DOGE pullback extends after August rally to three-month high

Dogecoin (DOGE) edges lower on Friday, as prices in the broader cryptocurrency market moderate following last week’s rally. The meme coin trades at $0.086, down nearly 14% from August’s peak of $0.100.

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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 pullback tests $1.40 support amid Ripple Prime product suite expansion

XRP pullback tests $1.40 support amid Ripple Prime product suite expansion

Ripple extends lock-step trading for the third straight day on Friday, as support at $1.40 comes under pressure. The remittance token has remained largely in defense mode since last week’s 72% rally from $1.00 to highs around $1.70.

Crypto Today: Bitcoin, Ethereum, XRP rally loses steam despite steady ETF inflows

Crypto Today: Bitcoin, Ethereum, XRP rally loses steam despite steady ETF inflows

Bitcoin is back below $80,000 at the time of writing on Friday, after a second attempt at breaking resistance between $81,000 and $82,000. Meanwhile, Ethereum and Ripple mirror Bitcoin’s cooling trend, with ETH sliding to $2,500 and XRP falling toward $1.40 support.

Bitcoin Weekly Forecast: Billions in ETF inflows push BTC toward decisive breakout

Bitcoin Weekly Forecast: Billions in ETF inflows push BTC toward decisive breakout

Bitcoin rises over 2% this week, holding near $80,000 after testing the 50-week SMA at $81,114. US-listed spot Bitcoin ETFs are on track for a second straight week of billion-dollar inflows, with $1.13 billion recorded through Thursday.

Hyperliquid Price Forecast: HYPE rally stretches thin amid treasury growth, CFTC innovation push

Hyperliquid Price Forecast: HYPE rally stretches thin amid treasury growth, CFTC innovation push

Hyperliquid (HYPE) is down 2% on Friday after reaching a record high of 86.75 the previous day. Nasdaq-listed Hyperliquid Strategies Inc (PURR) raised almost $650 million in an equity deal to increase its HYPE holding to 29.3 million tokens.

Bitcoin: Billions in ETF inflows push BTC toward decisive breakout

Bitcoin: Billions in ETF inflows push BTC toward decisive breakout

Bitcoin (BTC) extends gains so far this week, trading near $80,000 after testing the 50-week Simple Moving Average (SMA) at $81,114 earlier. Strong institutional demand is supporting the rally, with spot BTC Exchange Traded Funds (ETFs) on track to record a second consecutive week of billion-dollar inflows.