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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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XRP falls toward $1.00 amid muted ETF activity

XRP falls toward $1.00 amid muted ETF activity

Ripple (XRP) edges lower toward the short-term $1.05 psychological support level at the time of writing on Wednesday. This marks three consecutive days of losses, undermining investor interest and the broader optimism for a potential deal between the United States (US) and Iran to reopen the Strait of Hormuz.
Swiss-based Taurus gives banks access to Hedera via unified digital asset platform

Swiss-based Taurus gives banks access to Hedera via unified digital asset platform

Taurus, a Switzerland-based digital asset infrastructure provider, announced on Wednesday that it has extended its services, targeting banks and regulated financial institutions on the Hedera (HBAR) network. Meanwhile, HBAR is paring losses, trading above $0.0650 at the time of writing. The token shows signs of stability amid a broader bearish trend.
Crypto markets trade muted, lag risk rally

Crypto markets trade muted, lag risk rally

Whilst hopes for a US-Iran agreement to revive the Strait of Hormuz and renewed AI-trade optimism lifted US equities to all-time highs, major cryptocurrencies remained largely sidelined on Wednesday. Bitcoin and Ether hovered near $64,000 and $1,800, respectively, extending their recent period of consolidation rather than participating in a broader risk rally they would normally follow.
Crypto Today: Bitcoin, Ethereum advance while XRP lags amid US-Iran deal optimism

Crypto Today: Bitcoin, Ethereum advance while XRP lags amid US-Iran deal optimism

Bitcoin (BTC) hovers near $64,000 at the time of writing on Wednesday, buoyed by a marginal improvement in crypto sentiment amid growing optimism that the United States (US) and Iran could potentially reach an agreement to open the Strait of Hormuz this week. Ethereum (ETH) mirrors Bitcoin’s neutral-to-bullish outlook, trading toward $1,900.
Bitcoin: Bulls hold the line

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.