Cryptocurrencies Price Prediction: Bitcoin, Cardano & Stellar – American Wrap 30 June

FXStreet Team FXStreet

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: South African regulators blindsided, while big crypto bests resistance

Bitcoin, Ethereum and Ripple overcome minor resistance levels in the latest step of advancing their rebounds from June 22 lows. Significant obstacles remain, creating technical headwinds as the cryptocurrency complex attempts to leave the second quarter corrections in the past. Meanwhile, the South Africa financial regulator says its hands are tied in an alleged $3.6 billion Bitcoin fraud, but it will introduce new regulations in the coming months.

Cardano price breaks crucial support putting ADA at risk of 10% drop

Cardano price has broken a trendline to the downside and couldn’t close above $1.40. The profit-taking in the markets is not helping to support ADA from going higher. To the downside, the only real first support sits at $1.15. Cardano price needs to dip lower first for buyers to pick up ADA again and it higher.

XLM price advances further as Stellar bulls get back to the market

XLM price is being supported by an upward trend line from June 22. The correction now is no worry as the intermediate $0.267 level is holding as short-term support. After a few consecutive days of straight gains, we see some profit-taking in markets in general. XLM price bounced off intermediate support and seems technically set up to go to $0.30.

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XRP steadies above $1.90 support as fund inflows and retail demand rise

Ripple (XRP) is stable above support at $1.90 at the time of writing on Monday, after several attempts to break above the $2.00 hurdle failed to materialize last week. Meanwhile, institutional interest in the cross-border remittance token has remained steady.

Cardano struggles to extend gains as retail interest wanes despite Midnight's NIGHT token launch

Cardano ticks higher after a bearish weekend, struggling to extend an upcycle within a descending wedge pattern. On-chain data shows an increase in trading volume and user activity after the Midnight side chain token launch.

Crypto Today: Bitcoin, Ethereum recover as XRP remains supported by ETF inflows

Bitcoin is trending up toward the pivotal $90,000 level at the time of writing on Monday, which marks four consecutive days of gains. Altcoins, including Ethereum and Ripple, are also rebounding above key short-term support levels.

Bitcoin nears $90,000 as recovery hopes clash with institutional outflows

Bitcoin is approaching the $90,000 resistance level at the time of writing on Monday, raising hopes of a short-term recovery. However, the bullish recovery is being challenged by weakening institutional demand, as evidenced by outflows from Spot ETFs.

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Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.

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