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For months, we have been observing a Bitcoin price performance that swallows up even the good news specific to altcoins and renders them ineffective. BTC is at $62,000, and altcoins continue their standard movements. So, what are the current market predictions for XRP, DOGE, and MINA Coin? What levels should investors expect at this stage?
Ripple (XRP)
The XRP Coin price at $0.59 is maintaining support to prevent further losses. The long upper wicks forming above $0.6 indicate that investors are heavily taking advantage of short-term selling opportunities. The $0.64 level has become a tough barrier for XRP Coin bulls to overcome.
All positive developments, such as the penalty for institutional sales, the resolution of the lawsuit largely in Ripple’s favor, and Ripple’s IPO target, have been priced in with these long upper wicks. As long as $0.59 is maintained, there seems to be no problem, but if sales continue, it could drop to $0.54 or lower. This level turning into resistance will also signal a new boring consolidation period.
Dogecoin (DOGE)
DOGE has fallen victim to both the heated competitive environment and a lack of demand. It has been hovering around $0.1 for a long time. Although its March attempt to reach $0.23 was impressive, the targets of $0.28 and $0.33 were not achieved. However, there are those in a much better position than its competitors. Since they lag far behind in market value, investors are tempted by parabolic gain stories.
Despite still being the largest meme coin by market value, DOGE is not receiving the expected attention. Moreover, its goals of building its own ecosystem and expanding the network’s capabilities in the race with Shiba Coin have been forgotten. Elon Musk said he would make an effort in this regard, but he has since indicated that he no longer cares about crypto at every opportunity.
The fact that crypto was not mentioned at all during his X Spaces broadcast with Trump is the latest example of this. Closures below $0.18 indicate that the consolidation may continue a bit longer.
Mina Coin Predictions
Mina Coin, which has garnered significant interest from Turkish crypto investors, is an alternative that attracts attention with its notable work in both block size and the ZK field. However, it has experienced excessive sales this year. Its price at $0.48 shows that some gains have been preserved after the dip recovery.
Without closures above $0.64, boring movements are likely to continue here as well. Afterward, new peaks up to $0.95 can be targeted.
