DOGE, SafeMoon & Ripple – European Wrap 21 December [Video]

Dogecoin price is hovering around a crucial support floor that will make or break the meme coin’s future. If price pierces below this level it could trigger a massive downtrend. There is a small chance buyers might sidestep this bearish fate if they can push DOGE to produce a higher high and flip the narrative to bullish.

DOGE/USDT 1-day chart

DOGE/USDT 1-day chart

 

SafeMoon price has seen its recovery stop dead in its tracks as it has been stuck in a consolidation since December 13. The sideways movement will likely dip lower to stable support levels before heading higher. This brief retracement can be used by sidelined buyers to accumulate SAFEMOON.

SAFEMOON/USDT 4-hour chart

SAFEMOON/USDT 4-hour chart

 

Long-term investors expect Ripple to catch a break as a non-profit watchdog brings bias allegations against the SEC. Ripple’s success in the lawsuit filed by the SEC could trigger a bull run in the altcoin.