DOGECOIN (DOGE) continues to negotiate around $ 0.24 after dropping more than 7% the previous week. The technical perspectives suggest another correction because Doge’s Momentum indicators reflect downward divergences. Santiment data show that DOGE whale transactions decrease, indicating signs of weakness.
The Bitcoin price (BTC) continues to drop, trading below $ 96,000 on Monday after decreasing the previous week. The prices of Ethereum (ETH) and Ripple (XRP) followed the traces of BTC, decreased more than 7% the previous week and exchanged below their level of key support, referring to an additional correction.
On Friday, XRP of Ripple won 4% following reports according to which investment companies received Depository Corp and Digital Wealth Partners plan to launch XRP deposit receipts in the United States. The receipts will offer investors an exposure to XRP prices, similar to the funds negotiated on the stock market (ETF).
