Cryptocurrencies Price Prediction: DOGE, SafeMoon & Ripple – European Wrap 21 December [Video]
|Elon Musk gives Dogecoin another life but DOGE is bent on triggering a 50% crash
Dogecoin price is hovering around a crucial support floor that will make or break the meme coin’s future. If price pierces below this level it could trigger a massive downtrend. There is a small chance buyers might sidestep this bearish fate if they can push DOGE to produce a higher high and flip the narrative to bullish.
DOGE/USDT 1-day chart
SafeMoon price lacks momentum, but a buy signal will arrive soon
SafeMoon price has seen its recovery stop dead in its tracks as it has been stuck in a consolidation since December 13. The sideways movement will likely dip lower to stable support levels before heading higher. This brief retracement can be used by sidelined buyers to accumulate SAFEMOON.
SAFEMOON/USDT 4-hour chart
Ripple long-term investors bet on XRP, expect bias lawsuit against SEC to succeed
Long-term investors expect Ripple to catch a break as a non-profit watchdog brings bias allegations against the SEC. Ripple’s success in the lawsuit filed by the SEC could trigger a bull run in the altcoin.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.