SafeMoon, Ripple and Dogecoin – European Wrap 12 July

SafeMoon price has bounced off the critical support level at $0.00000272 and rallied 12%. This run-up has breached the $0.00000295 resistance ceiling and shows signs of continuation. A 22% ascent to $0.00000374 seems likely, but a breakdown of $0.00000257 will invalidate the bullish thesis.

 

XRP price withstood a fall below the month-long descending trendline after breaking above it on July 4. Buyers looked interested at the $0.60-marker for an entry and were able to push Ripple firmly above it, even closing above the entry point for three consecutive days.

 

XRP/USD daily chart

A brief technical and on-chain analysis on Dogecoin price. Here, FXStreet’s analysts evaluate where DOGE could be heading next.

 

 

 

 


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