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Altcoins are once again showing weakness, and Bitcoin has fallen below $64,000. The market is entering a consolidation phase after a period of rapid growth, which is a normal occurrence. However, investors accustomed to the rapid rise in the first three months are struggling to make sense of the recent losses. What are the current price predictions for XRP, DOGE, TON Coin, and ADA Coin?
Ripple (XRP) Price Prediction
The price of XRP Coin has risen above the 20-day EMA ($0.54) and is not far from this region at the time of writing. Ripple (XRP) is currently at $0.531, having lost 3%. In a positive scenario, it could enter a rally range between $0.58 and $0.74. However, if XRP bulls lose the key region and cannot prevent closures below $0.54, new declines to $0.50 and $0.46 could be seen.
Dogecoin (DOGE) Chart Review
In the short term, the 20-day EMA is a significant area and the DOGE price has lost the $0.16 threshold. A similar situation to XRP Coin is evident. If bulls fail to overcome the general resistance area between $0.16 and the downtrend line, a drop to $0.13 would not be surprising.
Conversely, if BTC recovers quickly from the recent drop and surpasses the $0.16 resistance area, it could rise to $0.21. Above this, a $0.23 resistance exists.
TON Coin Price Prediction
Telegram-supported altcoin had an impressive rally period. However, the price dropping below the rising channel formation on April 22 suggests that the good days might be over. If bulls can return to the channel, new peaks could occur, pushing the price to $7.23.
If weakness continues, the targeted scenario is a bottom at $4, below $5.42.
ADA Coin Price Prediction
The decline starting from the 20-day EMA mentioned for XRP and DOGE has already accelerated for ADA Coin. After losing $0.51, the price is now lingering at $0.47. However, the situation is not so dire as the $0.46 support is holding. The price, stuck in this range, must see a breakout. If a downward breakout occurs, targets of $0.4 and $0.35 will be aimed for.
In an upward scenario, $0.51 and $0.57 could be tested.
