The crypto market is showing mixed signals this week. Dogecoin is continuing its decline while Ripple shows strong positions. Additionally, the new project Unstaked is gaining attention.
Dogecoin Forecast: Continued Decline
Dogecoin, the first meme coin, has slipped by 8% over the last week and is currently trading at $0.1669.
Experts predict that losses may continue, with DOGE possibly falling to $0.159001 by mid-May.
Ripple Holds Steady Aiming for $3
Ripple's price action appears more stable. XRP has held around $2.10, and if market conditions improve, it could climb to $3.00. To do this, it needs to break past resistance around $2.20. However, if XRP fails to hold the $2.10 support, the next stop would likely be $1.99.
Unstaked Shows Robust Growth in Crowdfunding
The Unstaked project raised over $1 million in just 24 hours, boosting its presale total to over $4.5 million. It stands out from speculative meme tokens by focusing on building a transparent and secure platform for users.
In summary, Dogecoin is facing difficulties while XRP shows confidence in the market. The Unstaked project is also gaining attention and demonstrating strong short-term investment interest.
