Bitcoin, Ripple and Dogecoin – European Wrap 5 October

Bitcoin price has kick-started its first uptrend in October, and investors are happy to accept this move after weeks of choppy movement. In sympathy with Bitcoin, Ethereum and Ripple also triggered run-ups and are currently looking to continue their rallies. 

 

XRP price has produced a key signal that reveals the underlying bullish intent. The only requirement now is sustenance from the big crypto or another leg-up. These conditions will complement Ripple bulls’ intentions and catalyze another rally in the altcoin to significant levels. 

 

XRP/USD 1-day chart

eToro, a multinational social-trading company, published its Q3 2022 report on cryptocurrencies that were the most popular among users of the platform. Dogecoin ranked fifth in the list consistently for three quarters. Dogecoin price has been on a winning streak recently, yielding holders 8% gains overnight. DOGE-USDT price chart