Polkadot, Ripple and Dogecoin – European Wrap 9 June

Polkadot price vies to breakout and rally higher but there are many blockades sprinkled in its path. Due to a tight consolidation, a volatile move could potentially shatter these hurdles and propel DOT to reach its short-term target.

XRP price shows an extensive bearish outlook that matches Bitcoin’s macro narrative. The pessimistic scenario is only one support breakdown away from triggering a nosedive. So, investors need to be careful with their investments in XRP/Ripple.

Dogecoin price consolidation continues hand in hand with the reduction of volatility. As DOGE approaches a critical mass, investors need to be careful and expect a volatile move that will shatter immediate barriers or blockades.