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Cryptocurrencies Price Prediction: Binance Coin, Ripple & Bitcoin — Asian Wrap 09 January

Cryptocurrencies Price Prediction: Binance Coin, Ripple & Bitcoin — Asian Wrap 09 January
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BNB Price Forecast: Poised for a decline on negative Funding Rate

BNB (BNB) price hovers around $696.40 on Thursday after declining 4.58% in the previous two days. BNB’s momentum indicators hint for a further decline as its Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) show bearish signals. Additionally, Coinglass’s OI-weighted funding rate data is also negative, suggesting potential downward pressure on BNB’s price.

Ripple's XRP eyes recovery following executives' dinner with Donald Trump

Ripple's XRP is up 2% on Wednesday following positive sentiments surrounding its CEO Brad Garlinghouse's recent dinner with incoming US President Donald Trump. If the recent recovery sentiment prevails, XRP could stage a breakout above the upper boundary line of a bullish pennant pattern.

Has Bitcoin topped for the cycle? Here's what key metrics suggest

Bitcoin (BTC) experienced a 2% decline on Wednesday as the cryptocurrency market grapples with recent losses. On-chain data has indicated a shift in the accumulation of the leading cryptocurrency, suggesting that holders are increasingly selling their assets. Despite this shift towards distribution, Bitcoin's Market Value to Realized Value (MVRV) ratio suggests that the current market cycle has not yet reached its peak.

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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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XRP recovery capped by EMA resistance as network growth moderates

XRP recovery capped by EMA resistance as network growth moderates

Ripple gains momentum and trades above $1.35 on Tuesday, aligning with the broader cryptocurrency market recovery. Crypto majors, including Bitcoin and Ethereum, hold above Monday's weekly lows, suggesting bulls are staging a broad comeback.

Top Altcoins Price Forecast: Ethereum, Ripple, Hyperliquid attempt recovery as bearish risks persist

Top Altcoins Price Forecast: Ethereum, Ripple, Hyperliquid attempt recovery as bearish risks persist

Ethereum recovers above $2,500, up nearly 3% on Tuesday after falling over 3.50% the previous day. Ripple is up 2% on Tuesday, testing a rising support trendline near $1.33 amid risks of a bearish breakout.

Crypto Today: Bitcoin, Ethereum, XRP edge higher despite capital outflows via ETFs

Crypto Today: Bitcoin, Ethereum, XRP edge higher despite capital outflows via ETFs

Cryptocurrency prices are broadly recovering on Tuesday, as bulls stage a comeback. Bitcoin leads the bullish return, rising above $84,000 ahead of the US CPI report on Wednesday. Altcoins, including Ethereum and Ripple, appear neutral to bullish.

Bitcoin rebounds despite cautious sentiment

Bitcoin rebounds despite cautious sentiment

Bitcoin rebounds over 2%, trading above $83,500 at the time of writing on Tuesday, recovering the losses from the previous day. Institutional demand shows signs of weakness, with spot ETFs recording $65.40 million outflows on Monday, while Strategy added 250 BTC to its reserve.

Bitcoin: Uptober or Rektober?

Bitcoin: Uptober or Rektober?

Bitcoin (BTC) price is down over 4% so far this week, trading below $83,000 at the time of writing on Friday as mounting selling pressure threatens to derail the seasonal “Uptober” rally. Profit-taking, a surge in long liquidations and weakening demand from institutional investors are weighing on BTC.