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Bitcoin (BTC) price is at $71,000 at the time of writing and has risen to $71,758 today. The increased buying appetite in altcoins is fueled by the king cryptocurrency’s desire to target new highs after weeks. So, what are the current price predictions for XRP, DOGE, and TON Coin?
Ripple (XRP)
Amid the ongoing battle with the SEC, XRP Coin price is still trying to surpass $0.53. While altcoins are reaching new highs, Ripple (XRP) shows weak demand. The long-standing increase in circulating supply has not triggered the expected price rise despite increased demand. The problem here is the rate of increase in circulating supply along with the ongoing lawsuit.
Bulls need closures above $0.53 to push the price to the general resistance level of $0.57. Closures above this region could trigger a new attempt at $0.68 with the completion of the rising triangle formation. Conversely, if sales accelerate, tight movements will continue in the range of $0.46 to $0.57.
Dogecoin (DOGE)
The largest meme coin by market cap, DOGE, is lingering at $0.16. Dogecoin bulls are struggling to find buyers without the strong support of Elon Musk as before. Another challenge is that new investors entering the markets now have many more alternatives to meme coins on popular centralized exchanges. This advantage was in favor of Dogecoin (DOGE) during the 2017 and 2021 periods.
If the general resistance of $0.18 can be surpassed, $0.21 and $0.23 can be tested.
TON Coin Price Prediction
NOT Coin and TON have made a strong impression. Subsequently, Toncoin (TON) surpassed the resistance level of $7.67 on June 5. The long upper wick formed at this level indicates that bears are aggressively selling. Investors achieving reasonable profit margins are motivated to sell.
If the price turns down, it is likely to find support at the 20-day EMA ($6.60). A strong rebound from the support could result in bulls retesting the resistance. This means more gains for investors taking advantage of the range. If the resistance is surpassed, the next target will be $10. For now, fluctuations continue between $6 and $7.67.
