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Cryptocurrencies Price Prediction: Bitcoin, Ethereum & Memecoins — Asian Wrap 20 January

Bitcoin rallies to $104,000 as crypto traders gear for Donald Trump’s inauguration, here’s what to expect

Bitcoin (BTC) rallied to a high of $104,254 on Friday as traders anticipate a Trump-led rally with the inauguration event on Monday. The crypto community of traders, investors and businesses has pinned their hopes on the first-ever crypto president’s plan to designate crypto as a national priority. 

Ethereum Price Forecast: ETH likely to see increased demand as Pectra upgrade is set for March launch

Ethereum (ETH) traded above $3,400 on Friday following core developers' decision to roll out the Pectra upgrade in March. Meanwhile, ETH is looking to overcome the resistance near a key descending trendline that extends from mid-December.

Top meme coins Shiba Inu and PEPE rally as crypto market maintains bullish momentum

Top meme coins Shiba Inu (SHIB) and PEPE rallied above 10% on Friday as the crypto market looked strong heading into the weekend. A massive surge in open interest in both tokens indicates rising investors's optimism.

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Pi Network Price Forecast: PI recovers amid new Pi App Studio updates

Pi Network (PI) trades above $0.2200 at press time on Monday, sustaining the 3.52% gains from Sunday. The announcement of Pi App Studio updates on Thursday aligns with the three-day recovery in PI token, with bulls aiming towards the 50-day Exponential Moving Average.  

Top 3 Price Prediction: Bitcoin, Ethereum, and Ripple hold key support levels?

Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) begin the week on a cautious note, trading near their respective support levels. Market sentiment remains fragile following last week’s volatility, with BTC, ETH, and XRP correcting by nearly 10%, 14%, and 7%, respectively.

Top Crypto Gainers: Aster, Starknet, and Zcash recovery at risk

Aster (ASTER), Starknet (STRK), and Zcash (ZEC) trade in the green over the last 24 hours, struggling to retain gains while the broader cryptocurrency market is in the red. The technical outlook of Aster and Zcash remains mixed as bearish potential arises.

Michael Saylor denies reports of Strategy selling Bitcoin, reaffirms accumulation
Strategy CEO Michael Saylor claims the company did not sell any of its Bitcoin, following rumours that the firm moved over 40,000 BTC across several wallets, according to the Arkham Intelligence dashboard.
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Bitcoin: The capitulation phase unfolds

Bitcoin (BTC) market structure continues to deteriorate as the capitulation phase begins to take shape, with BTC sliding below $97,000 on Friday and extending losses to more than 7% so far this week.