Markets are recovering, and cryptocurrencies are turning green again. The weekend has arrived. Generally, weekends are calm due to lower volumes, but during exceptional periods, whales have significantly triggered volatility in a low-volume environment. What if it happens again?
XRP Coin Analysis
Ripple has solidified its significant gains in the lawsuit, making it stronger against the SEC. Despite the movement in BTC price, the XRP Coin price lingering at $0.56 confirms this. However, the overall market sentiment needs more recovery. After last week’s nightmare, the rapid reversal of the rise has greatly worn out investors.
XRP Coin has been moving around the EMA20 level of $0.57 for a few days. The short-term upward trend is confirmed by the movement around EMA20, and a close above $0.58 will trigger a breakout. Thus, the XRP Coin price could move to $0.64 and then to $0.73.
Otherwise, a close below $0.54 could trigger a drop to $0.46.
Dogecoin (DOGE) Price Prediction
The $0.1 level is being lost and regained. DOGE is on the edge, and as BTC approaches $60,000, the strength of short positions on Binance increases. In a tough environment with weak demand and worn-out altcoins, the direction can more easily be downward. If the EMA20 at $0.11 can be reclaimed, the price could rise again to $0.18.
If DOGE bulls continue to fail, a decline to $0.09 and $0.08 below $0.1 is possible. Supportive factors for DOGE are weak. Elon Musk doesn’t care much about it, and no concrete steps have been taken towards the ecosystem he announced months ago. No tangible product has been produced following the budget announced for developer recruitment.
TON Coin Price Prediction
The ecosystem is growing, and more Telegram-linked projects are starting to enter exchanges. This is supportive for the TON Coin price. Although the SMA50 level of $6.89 was reclaimed on August 14, we saw dominant sales at higher levels, confirmed by the long upper wick. If there are closes below the EMA20 level of $6.45, $6.05 can be targeted, and in the opposite scenario, $7.65.
