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Cryptocurrencies Price Prediction: Binance Coin, Ripple & Bitcoin – American Wrap 20 October

BNB Price: Is a recovery rally on the way as Cyprus approves Binance registration?

Binance, being the biggest cryptocurrency exchange on the planet, has been a powerful factor in Binance Coin price action. But the last couple of months have been a bane for the crypto market, leaving BNB stuck in sideways momentum. Even so, Binance’s expansion is noting no slowdown as the crypto exchange just tapped another major country in the European Union.

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Lose your hand trying to catch this knife

The crypto market shows evidence of a strong developing downtrend. Key levels have been defined to gauge the strength of the decline. Bitcoin price loses support from the $19,000 level. Ethereum price shows the development of a strong bearish trend. Ripple price produces a bearish death cross, signaling concerning times ahead.

Bitcoin, Binance Coin, XRP and Cardano prepare for November rally, traders in euphoria

Trader sentiment on Bitcoin and top altcoins like Binance Coin, XRP and Cardano has turned bullish. Crypto intelligence tracker Santiment considers that the crowd is currently euphoric on these cryptocurrencies, indicating the possibility of a November rally. 

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FXStreet Team

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

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Bitcoin Weekly Forecast: BTC retreats as macro headwinds grow
Bitcoin (BTC) remains under pressure, down over 4% this week and trading around $76,900 at the time of writing on Friday. Institutional demand shows signs of weakness as spot BTC Exchange Traded Funds (ETFs) are on track to end their three-week inflow streak, recording nearly $500 million in net outflows through Thursday.
XRP falls toward key support as macro uncertainty, weak momentum cap recovery
Ripple (XRP) falls below $1.33 on Friday, marking the third consecutive day of declines. The token continues to track the broader cryptocurrency market downturn, with investors closely monitoring heightened macroeconomic uncertainty ahead of the United States (US) Consumer Price Index (CPI) release and next week’s Federal Reserve (Fed) monetary policy decision.
Crypto Today: Bitcoin, Ethereum, XRP stabilize at lower levels amid ETF outflows and macroeconomic risks
The broader cryptocurrency market is rising on Friday, with Bitcoin (BTC) trading above $77,000 after testing lower support near $76,500. Ethereum (ETH) shows signs of stability, hovering above the support provided at $2,400 despite capped upside at $2,500. Meanwhile, Ripple (XRP) holds above $1.33 after three straight days of declines, reflecting growing headwinds due to macroeconomic uncertainty.
Bitcoin pulls back as another golden cross fails to deliver
Earlier this week, Bitcoin formed a golden cross, a technical signal that occurs when the price’s 50-day moving average rises above the 200-day moving average and is conventionally viewed as a precursor to a bullish rally. Historically, however, that’s often not been the case.
Bitcoin: BTC retreats as macro headwinds grow
Bitcoin (BTC) remains under pressure, down over 4% this week and trading around $76,900 at the time of writing on Friday. Institutional demand shows signs of weakness as spot BTC Exchange Traded Funds (ETFs) are on track to end their three-week inflow streak, recording nearly $500 million in net outflows through Thursday.