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Cryptocurrencies Price Prediction: Bitcoin, Ethereum & IOTA – Asian Wrap 28 Sep

Cryptocurrencies Price Prediction: Bitcoin, Ethereum & IOTA – Asian Wrap 28 Sep
FXStreet TeamFXStreet TeamFXStreet

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Lack of weekend love recalls crypto bears

The most favorite crypto coin, Bitcoin, continues to face rejection around 10,800 levels while trading around the $10,650, having briefly breached the $10,600. Ripple is the main laggard when compared to its peers, Bitcoin and Ethereum so far this Sunday. However, on a weekly basis, Ethereum emerges as the worst performer, down over 6%. 

Ethereum Price Forecast: ETH bulls drained after hitting a barrier at $360

Ethereum recently revisited support at $310. The smart contracts token bounced back upwards despite calls for losses as far as $250. The weekend session has been yielding for Ethereum because buyers managed to bring down the resistance at $350. At the time of writing, Ether is doddering at $357 amid a building bearish momentum.

IOTA Price Forecast: IOT/USD sold-off amid rising wedge breakdown, bearish RSI divergence

IOTA (IOT/USD) stalls the sharp sell-off to 0.2515, as the bears take a breather before the next push lower. As observed on the hourly chart, the coin came under fresh selling pressure from near 0.2670 region after a death cross got confirmed early Sunday.

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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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Ripple extends losses as derivatives interest cools

Ripple extends losses as derivatives interest cools

Ripple (XRP) extends its bearish roll near $1.12 support on Friday, reflecting intense headwinds in the broader crypto market largely attributable to macroeconomic pressure.

Crypto Today: Bitcoin, Ethereum, XRP weaken further as capital outflows persist

Crypto Today: Bitcoin, Ethereum, XRP weaken further as capital outflows persist

Macroeconomic headwinds continue to weigh heavily on the cryptocurrency market on Friday, prompting major assets like Bitcoin (BTC) to pare earlier gains and extend losses after June’s brief relief rally.

Bitcoin Weekly Forecast: Recovery hopes fade after the Fed spoils the party

Bitcoin Weekly Forecast: Recovery hopes fade after the Fed spoils the party

Bitcoin is set to end the week in the red, trading near the 200-Week Simple Moving Average at around $62,300 on Friday. Institutional selling persists, capping BTC’s recovery as spot Exchange Traded Funds point to a sixth consecutive week of outflows.

Sui risks a deeper bearish leg despite on-chain resilience

Sui risks a deeper bearish leg despite on-chain resilience

Sui is down 2% on Friday, extending its decline toward the recent support leg formed at $0.6618. The Total Value Locked in the Sui ecosystem has stabilized around 600 million SUI tokens, reflecting resilient user demand.

Bitcoin: Recovery hopes fade after the Fed spoils the party

Bitcoin: Recovery hopes fade after the Fed spoils the party

Bitcoin (BTC) is set to end the week in the red, trading near the 200-Week Simple Moving Average (SMA) at around $62,300 on Friday. Institutional selling persists, capping BTC’s recovery as spot Exchange Traded Funds (ETFs) point to a sixth consecutive week of outflows.