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Cryptocurrencies Price Prediction: Bitcoin, Cardano & Ethereum Classic – Asian Wrap 29 May

Cryptocurrencies Price Prediction: Bitcoin, Cardano & Ethereum Classic – Asian Wrap 29 May
FXStreet TeamFXStreet TeamFXStreet

Bitcoin Price Forecast: Bitcoin BitMEX shorts liquidations explode as price climbs to $9,600

Bitcoin price rallied from levels under $9,200 to touch $9,600 barely a day after Goldman Sachs branded it a non-asset class. Investors around the world appear to be joining the market as though to spite one of the largest investment banks in the world.

Cardano explodes over 1% in minutes, is $0.07 achievable on Friday?

Cardano is among the most active cryptocurrencies in the market this week. The network continues to make headlines due to the upcoming Shelly upgrade. On the other hand, the price has not been left behind especially after spiking by over 1% in a matter of minutes.

Ethereum Classic Chart: ETC/USD gains 4% in the Asian session on Friday

Ethereum Classic is leading the cryptocurrency in recovery after posting gains of more than 4% on the day. The rest of the cryptocurrency market is mixed red and green. For example, Bitcoin is down 0.85% on the day while ETH/USD is up 0.21% during the same period.

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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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XRP edges higher as bullish derivatives, EMA support underpin breakout prospects

XRP edges higher as bullish derivatives, EMA support underpin breakout prospects

Ripple (XRP) is grinding upward and getting closer to a short-term breakout above $1.40 on Tuesday. This uptick follows the remittance token's defense of support at $1.38, after a short-lived attempt to breach selling pressure at $1.50 last week.
Useless Price Forecast: USELESS poised for another breakout as Korea’s Upbit exchange announces listing

Useless Price Forecast: USELESS poised for another breakout as Korea’s Upbit exchange announces listing

Useless (USELESS) extends its upward trajectory, trading above $0.26 on Tuesday. The meme coin shows strong breakout potential after establishing firm support at $0.20, following an impressive 260% rally from lows near $0.15 on September 1 to a peak of approximately $0.32 last Saturday.
Bitcoin ETFs are still $1 billion shy of breaking even in 2026

Bitcoin ETFs are still $1 billion shy of breaking even in 2026

While investor demand for U.S.-listed spot Bitcoin exchange-traded funds (ETFs) has rebounded in recent weeks, net flows for the year remain firmly in the red. A spectacular August brought in a massive $3.52 billion in fresh capital, followed by a solid $770.15 million so far this month, according to data source SoSoValue.
Top Altcoins Price Forecast: Ripple, Cardano, Solana extend consolidation as bullish momentum fades

Top Altcoins Price Forecast: Ripple, Cardano, Solana extend consolidation as bullish momentum fades

Ripple (XRP), Cardano (ADA), and Solana (SOL) maintain a consolidative tone, struggling to sustain their upside momentum. The technical outlook for XRP, ADA, and SOL suggests downside risk as altcoins struggle to advance their August gains. Ripple trades around $1.40 at press time on Tuesday, holding a constructive bias above its 200-day Exponential Moving Average (EMA) at $1.3550.
Bitcoin: Gearing up for a sharp move

Bitcoin: Gearing up for a sharp move

Bitcoin (BTC) is trading around $81,000 on Friday, up over 4% so far this week, and awaits a key catalyst that could determine its next directional move. Strong institutional demand is supporting the bullish price action, with spot BTC Exchange Traded Funds (ETFs) on track to record a third straight week of inflows.