Cryptocurrency prices went nowhere this week as focus remained on the happenings in the United States, where data revealed that the economy was weakening. Bitcoin price remained in a consolidation phase even as the US dollar index (DXY) plunged. Ethereum was a major winner as its price approached $2,000. This coin price prediction will like at key coins like Casper, XRP, and Dogecoin.
Dogecoin price prediction
One of the biggest cryptocurrency news was the decision by Twitter to change its logo into Dogecoin’s logo. The move pushed both DOGE and other meme coin tokens sharply higher as investors pondered the next actions by Elon Musk.
Dogecoin price soared to a high of $0.10, the highest point since December 5 last year. It then quickly unraveled and has dropped in the past four straight days. During this decline, the token moved below the important resistance level at $1, the highest point on February 4.
DOGE remains above the 25-day and 50-day moving averages while the Relative Strength Index (RSI) has moved below the overbought level. Therefore, because of the RSI trend, I suspect that the coin will continue falling during the weekend as sellers target the key support level at $0.07. Still, we can’t rule out a situation where the coin bounces back as investors buy the dip.
How to buy Dogecoin
As DOGE is such a new asset, it’s yet to be listed on major exchanges. You can still purchase DOGE using a DEX (decentralised exchange) though, which just means there are a few extra steps. To buy DOGE right now, follow these steps:
1. Buy BNB on a regulated exchange or broker, like Binance ›
We suggest Binance because it’s one of the world’s leading multi-asset trading platforms, an exchange and wallet all-in-one with some of the lowest fees in the industry. It’s also beginner-friendly, and has more payment methods available to users than any other available service.
2. Send your BNB to a compatible wallet like Trust Wallet or MetaMask
You’ll need to create your wallet, grab your address, and send your coins there.
3. Connect your wallet to the 1Inch DEX
Head to 1Inch, and ‘connect’ your wallet to it.
4. You can now swap your BNB for DOGE
Now that you’re connected, you’ll be able to swap for 100s of coins including DOGE.
XRP price prediction
The XRP price has done well in the past few weeks as investors observe the Ripple vs SEC case. Expectations are that the case will end soon and that Rippple will prevail. Other analysts believe that the XRP price will do well regardless of how the case ends in the long run.
On the daily chart, we see that the Ripple price jumped to a high of $0.5861 in March, as we wrote here. The coin has now pulled back and retested the important support at $0.4932, the highest point on March 21st. This is known as a break and retest pattern, meaning that the coin will continue rising as buyers attempt to retest the year-to-date high of $0.58.
How to buy Ripple
Binance
Binance is one of the largest cryptocurrency exchanges in the world. It is better suited to more experienced investors and it offers a large number of cryptocurrencies to choose from, at over 600. Binance is also known for having low trading fees and a multiple of trading options that its users can benefit from, such as; peer-to-peer trading, margin trading and spot trading.
OKX
OKX is a top cryptocurrency exchange which offers over 140 cryptocurrencies to invest in. OKX takes customer security very seriously, they store almost all of their clients’ funds in cold storage, and the exchange is yet to be hacked. On top of this, the exchange offers very low fees and customers can even use their crypto as collateral for loans on the platform.
Casper price prediction
The daily chart shows that the CSPR price has been in a slow bullish trend in the past few weeks. The token has been supported by the risng trendline shown in orange. It has moved above the 25-day and 50-day moving averages while the RSI has moved above the middle line of 50.
Casper is also approaching the important resistance at $0.04623, the highest point on March 3 and February 7. Therefore, there is a likelihood that the coin will continue rising as buyers target the resistance at $0.046, which is about 12% above the current level.
How to buy Casper
Swapzone
Swapzone is a crypto exchange aggregator that operates as a gateway between the cryptocurrency community and exchange services. Swapzone aims to provide a convenient interface, safe user flow, and crystal-clear data for users to find the best exchange rates among the whole cryptocurrency market.
BKEX
BKEX is a centralized cryptocurrency exchange located in British Virgin Islands. There are 254 coins and 415 trading pairs on the exchange.
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The post Crypto price predictions: Dogecoin, XRP, Casper Network appeared first on BTC Ethereum Crypto Currency Blog.
