Ripple, Terra & Dogecoin — Asian Wrap 03 June

XRP price is likely to fall into the mid $0.30s again. Traders should keep the digital remittance token on their watchlist in hopes of catching a profitable trade. XRP price is still on pace for more decline. Invalidation of the bearish thesis is still a close above 0.44.


Luma price has relaunched after witnessing the largest crash in Crypto history. LUNA price has risen from the ashes as the digital asset’s 2.0 version trades at $7.00. Terra Luna creators have spent the last few weeks catering to public relations, press and responding to investors. 


Dogecoin price has begun to detrend from the bias developed in last week’s thesis. The target of $0.11 may not be achieved. Dogecoin price has recently shown bearish re-entrance in the market. The bulls lost about 10% of gains made since the uptrend on May 27.

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