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Cryptocurrencies Price Prediction: Bitcoin, Ethereum and Ripple – European Wrap 15 August

Cryptocurrencies Price Prediction: Bitcoin, Ethereum and Ripple – European Wrap 15 August
FXStreet TeamFXStreet TeamFXStreet

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: How long can crypto markets cling to the Merge narrative?

Bitcoin price reveals a bullish outlook as markets start a fresh week. This development has caused many altcoins, including Ethereum and Ripple, to rally slightly. As BTC cools down, the capital is likely to rotate to other coins. However, a sudden reversal could undo the gains for the altcoins as well. 

BTC/USD 4-hour chart

Ethereum Price Prediction: Is the pre-Merge honeymoon rally coming to an end?

Ethereum price has rallied 102% in the last 33 days, and one can attribute this to the upcoming software upgrade — the Merge. This update will shift the ETH blockchain from an energy-intensive Proof-of-Work (PoW) to an environment-friendly Proof-of-Stake (PoS).

ETH/USDT 1-day chart

Three signs that XRP is a hot buy as Ripple bags another win against SEC

In the SEC v. Ripple case, the payment giant is set to serve subpoenas and authenticate videos of SEC officials’ public remarks. This evidence could make or break Ripple’s defense against the SEC. Proponents have identified a potential breakout in XRP. 

XRP-USDT 1-day price chart

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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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Solana Price Forecast: SOL slides below $92 as downside risk grows

Solana Price Forecast: SOL slides below $92 as downside risk grows

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Top 3 Price Predictions: BTC tests critical support, ETH struggles below resistance, XRP extends losses

Top 3 Price Predictions: BTC tests critical support, ETH struggles below resistance, XRP extends losses

Bitcoin, Ethereum, and Ripple remain under pressure on Wednesday as bearish momentum continues to weigh on prices. BTC approaches key support around $76,466, and a decisive close below could open the door to deeper losses. Meanwhile, ETH struggles below key resistance while XRP faces rejection at the upper trendline of a falling channel pattern, all hinting at deeper losses.

Bitcoin struggles to capitalize on US Dollar weakness as Democrats advance in US midterms

Bitcoin struggles to capitalize on US Dollar weakness as Democrats advance in US midterms

Bitcoin is down nearly 2% trading below $76,000, and testing the 200-day Exponential Moving Average baseline near $76,501. Bitcoin’s pullback aligns with the weakness in the US Dollar, which typically provides tailwinds for risk-sensitive assets. The selling pressure aligns with the US midterm elections as early results point to Democrats leading gains in both houses.

Hyperliquid Price Forecast: HYPE eyes $78.4 support as CFTC approves US equity perpetuals

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Bitcoin: Binance security breach and hawkish Fed push BTC lower

Bitcoin: Binance security breach and hawkish Fed push BTC lower

Bitcoin (BTC) continues to weaken this week, down more than 3% and heading for its fourth straight weekly loss. The largest cryptocurrency by market capitalization is facing a bearish outlook, fueled by a hawkish Federal Reserve (Fed) outlook at the October meeting and a reported $6.3 billion hack at Binance, which is driving risk aversion and triggering heavy liquidations.