Cryptocurrencies Price Prediction: Bitcoin, Ethereum & Litecoin – European Wrap 13 May

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Bitcoin Price Analysis: BTC/USD hovers below $9,000 after volatile pre-halving sessions – Confluence Detector

Bitcoin price has gained 2% on a day-to-day basis and stayed unchanged since the start of Wednesday. The first digital coin recovered from the intraday low of $8,806 to trade at $8,920 at the time of writing. The recovery is capped by 1-hour SMA100. This barrier prevents BTC from moving towards $9 000. Once it is cleared, the recovery may be extended towards $9,200 guarded by 1-hour SMA200.

ETH/USD: Ethereum founder denied ETH 2.0 launch in July

Ethereum’s co-founder Vitalik Buterin denied the information that ETH 2.0 would be launched by the end of July. He said that his comments during CoinDesk’s Consensus: Distributed were misunderstood. The clarification from Buterin came as Eth 2.0 testnet coordinator Afri Schoedon said that July launch was out of the question.

Litecoin Price Analysis: LTC/USD unable to escape the narrow range resistance

Litecoin dived under $40 last week amid a Bitcoin-triggered selloff. Immediately the price recovered above $40, however, the momentum lost steam at $43. At the time of writing, LTC/USD is dancing at $42.30. Multiple attempts made to clear the resistance at $43 have been thwarted. The narrow range resistance will require a catalyst to clear it and once again place Litecoin in a trajectory to levels above $50.

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XRP steadies above $1.90 support as fund inflows and retail demand rise

Ripple (XRP) is stable above support at $1.90 at the time of writing on Monday, after several attempts to break above the $2.00 hurdle failed to materialize last week. Meanwhile, institutional interest in the cross-border remittance token has remained steady.

Cardano struggles to extend gains as retail interest wanes despite Midnight's NIGHT token launch

Cardano ticks higher after a bearish weekend, struggling to extend an upcycle within a descending wedge pattern. On-chain data shows an increase in trading volume and user activity after the Midnight side chain token launch.

Crypto Today: Bitcoin, Ethereum recover as XRP remains supported by ETF inflows

Bitcoin is trending up toward the pivotal $90,000 level at the time of writing on Monday, which marks four consecutive days of gains. Altcoins, including Ethereum and Ripple, are also rebounding above key short-term support levels.

Bitcoin nears $90,000 as recovery hopes clash with institutional outflows

Bitcoin is approaching the $90,000 resistance level at the time of writing on Monday, raising hopes of a short-term recovery. However, the bullish recovery is being challenged by weakening institutional demand, as evidenced by outflows from Spot ETFs.

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Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.

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