Cryptocurrencies Price Prediction: Bitcoin, Ethereum & Elrond — Asian Wrap 15 December

FXStreet Team FXStreet

FOMC Recap: Fed hike impact on Bitcoin, Ethereum and Gold

Bitcoin price, the peer-to-peer digital currency, currently auctions at 17,925, a 4.1% increase from December 13's opening price. BTC price rose into a key resistant zone but has not displayed enough bearish strength to call the uptrend move over. According to the previous outlook, the next bullish target is $18,962, with an invalidation of the uptrend at $18,880.

Is the Ethereum price on the verge of a Santa Rally?

Ethereum price shows potential for more upside gains. As the ETH price rapidly ascends toward significant resistant zones, traders may want to wait for ideal buy-signals before entering the market. A retest of the mid-1,200 zone would make it void of the bullish potential.

EGLD staking goes live on Atomic Wallet while Elrond price prints key bearish pattern

Elrond (EGLD) price is in the red after losing 2.1% of its value over the last 24 hours. It is exchanging hands at $43.71 on Tuesday during the American session while bulls work around the clock to prevent a possible 18.10% breakdown.

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FXStreet Team

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XRP, ADA, and SOL are vulnerable to deeper losses

The top altcoins, including Ripple, Cardano and Solana, are trading in the red as the broader cryptocurrency market faces downside pressure. The bearish pressure aligns with Citadel Securities' anticipation of a surprise Fed rate hike, which could reduce liquidity in high-risk assets, including crypto assets.

XRP and XLM extend correction as bearish pressure builds

Ripple and Stellar remain under pressure on Tuesday after losing over 4% and over 5%, respectively, the previous day. In addition, weakening momentum indicators and deteriorating derivatives metrics suggest sellers remain in control, raising the risk of further downside for both altcoins. Derivatives data shows a slight bearish tilt.

Bitcoin risks losing $63,000 – FET, SHIB lead losses

Bitcoin edges lower on Tuesday, extending its losses of over 2% from the previous day. The broader crypto market suffered nearly $600 million in liquidations over the last 24 hours amid renewed sell-off pressure. Artificial Superintelligence Alliance and Shiba Inu have emerged as the worst-performing crypto assets in the same time period.

Pump.fun surges following rising revenue and social push

PUMP, the native crypto of token launchpad Pump.fun, saw double-digit gains on Monday, rising to nearly $0.00220, its highest level in about 11 weeks, before easing. The recent gains have stretched its 14- and 30-day performance above 38% and 50%, respectively.

Bitcoin: BTC holds firm, but the $100 Oil threat could change the game

Bitcoin (BTC) is modestly recovering, trading at $65,400 on Friday and holding firmly above the key support zone. US-listed spot Bitcoin Exchange Traded Funds (ETFs) supported BTC’s modest recovery as they continued to attract institutional inflows through Thursday, pointing to the third consecutive week of inflows.