Cryptocurrencies Price Prediction: Bitcoin, Ethereum and Ripple – European Wrap 9 December

FXStreet Team FXStreet

Bitcoin Weekly Forecast: How PPI fits into BTC’s bear market rally

Bitcoin price has shown resilience to sellers as buyers stepped in after retesting a historically strong support level. This development has caused Ethereum, Ripple and other altcoins to trigger a premature rally.

Can Shanghai hard fork propel Ethereum price to $1,500

Ethereum (ETH) price shows a strong comeback as it follows in Bitcoin’s footsteps. However, there seems to be another cause why ETH has a higher probability of continuing this uptrend - the Shanghai hard fork.

Ripple price hangs on its last straw to get that Christmas punch and hit $0.48

Ripple price will be very muted Friday morning as traders are bracing to take or leave the last chance to get this Christmas rally underway. With the US Producer Price Index (PPI) coming out Friday afternoon, global markets will look for indications that prices in the US are coming further down, opening up room for the Fed to become less aggressive. This would revalue several asset classes higher than where they are currently valued, translating to XRP price producing a 7% gain in one trading day with $0.4228 as the profit target.

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FXStreet Team

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XRP stuck in tight range as whale demand, on-chain activity strengthen

Ripple (XRP) declines for a second day in a row, trading around $1.07 at the time of writing on Tuesday. The remittance token has continued to sustain a bearish outlook, aligning with the broader cryptocurrency market.

Bitcoin rises toward $64,000 as Coldcard exploit, strategy sales recede – ADA advances

Bitcoin rose 1.6% over the last 24 hours, climbing as high as $64,160 to the highest since July 31 before retreating. The rebound followed a selloff spurred by an exploit that targeted a cold wallet over the weekend and bitcoin sales by the world’s largest corporate holder.

Crypto Today: Bitcoin, Ethereum, XRP shows recovery signs as Ethereum and XRP struggle

Bitcoin (BTC) advances above $63,000 on Tuesday, buoyed by increasing investor risk appetite. Ethereum (ETH) continues to trade under pressure below the supply range at $1,900 and above the short-term $1,800 support. At the same time, Ripple’s (XRP) upside is constrained under the pivotal $1.10 level while support at $1.00 remains intact.

US Yen intervention puts Bitcoin, risk assets on notice for liquidity flux

Washington’s growing coordination with the Bank of Japan (BoJ) points to a potential boost in global dollar liquidity — even as it runs up against a yen carry trade unwind that could squeeze liquidity if it deepens further. Last week, the US and Japan conducted a rare joint intervention to prop up the yen, which had slid to 40-year lows of 164 per dollar — the first of its kind since 1998.

Bitcoin: Bulls hold the line

Bitcoin (BTC) edges slightly lower, trading at $64,300 at the time of writing on Friday but holding firmly above a key support zone. US-listed spot Bitcoin Exchange Traded Funds (ETFs) support BTC as they continued to attract institutional flows through Thursday, pointing to the fourth consecutive week of net inflows.