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Cryptocurrencies Price Prediction: Ripple, Bitcoin & Dogecoin – American Wrap 29 December

FXStreet Team FXStreet

XRP begins short squeeze as bear trap to return Ripple to $1

XRP price has experienced some major selling over the past six trading days. Sellers have promptly sold off Ripple upon hitting the $1 level, pushing XRP lower by as much as 20%. However, the bearish price action has developed into a powerful buying opportunity.

Bitcoin price takes a step back as Christmas rally stalls

Bitcoin (BTC) was on the back foot yesterday as cryptocurrencies came under pressure from profit-taking as the Christmas rally ended. BTC bulls refrained from making new highs and had to look below $50,000 for some support. As the price action opened below the 200-day Simple Moving Average (SMA), expect bears to seize the opportunity for another leg lower towards $44,088.

Dogecoin price recovers quickly from 10% drop in previous day

Dogecoin (DOGE) got caught on the wrong side of the fence yesterday with a nosedive correction of 10% that tested the red descending trend line from August 16. With that test, the bulls jumped in to use the bounce-off as an entry point which sees a higher opening today. If bulls play this right and more investors already join the price action, expect a possible bullish rally towards the 55-day Simple Moving Average (SMA), holding 20% of gains.

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FXStreet Team

FXStreet

Starknet unveils strkBTC, shielded Bitcoin transactions on Ethereum Layer 2

Starknet, the Ethereum Layer 2 network developed by StarkWare, today announced strkBTC, a wrapped Bitcoin asset that introduces optional shielding while preserving full DeFi composability.

Bitcoin, Ethereum, and Ripple consolidate with short-term cautious bullish bias

Bitcoin, Ethereum and Ripple are consolidating near key technical areas on Friday, showing mild signs of stabilization after recent volatility. BTC holds above $67,000 despite mild losses so far this week, while ETH hovers around $2,000 after a rejection near its upper consolidation boundary.

Ethereum Price Forecast: FG Nexus continues distribution amid signs of returning risk-on sentiment

FG Nexus, once dubbed an Ethereum treasury firm, resumed offloading the top altcoin on Wednesday, distributing 7,550 ETH, according to data from smart money tracker EmberCN.

Top Crypto Gainers: Stable and Decred rally, Pippin approaches record highs

Altcoins, such as Stable, Decred, and Pippin, are extending gains so far this week, defying the risk-averse conditions in the broader cryptocurrency market. Stable and Pippin are near record high levels, while Decred extends its breakout rally above $30.

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.

Bitcoin: Another month of losses, and it’s been five

Bitcoin (BTC) price is stabilizing around $68,000 at the time of writing on Friday, but the Crypto King is poised to close February on a fragile footing, marking its fifth consecutive month of losses since October and a rare start to the year with back-to-back monthly corrections.