Cryptocurrencies price prediction: Bitcoin Cash & Ethereum – European Wrap – 6 January

FXStreet Team FXStreet

Bitcoin Cash price analysis: BCH recovery is limited by $240.00

Bitcoin Cash (BCH) is one of the best-performing cryptocurrencies out of top-20. The coin with the current market capitalization of $4.3 billion has gained over 5% on a day-to-day basis and 6% since the beginning of Monday. At the time of writing, BCH/USD is changing hands at $236.40, off the intraday high of $239.30.

Ethereum price analysis: ETH/USD not ready for a move above $140.00

Ethereum, the second-largest digital asset with the current market value of $15.2 billion, hit the intraday high at $139.77. By press time, the coin retreated to $139.10, though it is still 2% higher from this time on Sunday, and 2.7% higher from the beginning of the day. Ethereum is moving ins sync with the market as the whole block of major cryptocurrencies has been recovering amid growing tensions on the global markets.

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XRP rebound remains fragile as muted ETF flows and weak technicals cap upside

Ripple (XRP) is regaining momentum, trading above $1.10 at the time of writing on Monday. This modest rebound mirrors the broader recovery observed across the cryptocurrency market.

Bitcoin Weekly Forecast: Strategy sells, the market doesn’t care

Bitcoin reclaims $64,000 on Friday, extending a modest recovery while holding firmly above the key technical support zone so far this week. Mixed spot Exchange Traded Funds (ETFs) flows through Thursday reflect cautious institutional positioning.

Pi Network tests key support as bears anticipate further decline

Pi Network tests $0.1000 on Friday, edging higher after six consecutive days of weakness. The technical outlook is bearish as intense sell-side momentum warns of a steeper correction despite mild intraday recovery.

Uniswap Price Forecast: Rising stablecoin activity fuels UNI bullish rally chances

Uniswap is up 3% on Friday, extending its rebound from the 50-day EMA at $3.08. Retail demand builds around Uniswap as Open Interest rises 5% in 24 hours, with a positive spike in the funding rate.

Bitcoin: Strategy sells, the market doesn’t care

Bitcoin (BTC) reclaims $64,000 on Friday, extending a modest recovery while holding firmly above the key technical support zone so far this week. Mixed spot Exchange Traded Funds (ETFs) flows through Thursday reflect cautious institutional positioning. Meanwhile, traders have digested headlines about Strategy’s recent Bitcoin sale, highlighting the Crypto King’s resilience and deep liquidity.