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Cryptocurrencies price prediction: Bitcoin, Ethereum & Monero - Asian Wrap 03 Dec

Cryptocurrencies price prediction: Bitcoin, Ethereum & Monero - Asian Wrap 03 Dec
FXStreet TeamFXStreet TeamFXStreet

Bitcoin price prediction: Resistance at $7,370 makes return to the $7,500 level tough

Bitcoin charted its third consecutive bearish day after failing at the $7,766.25 line. BTC/USD has dropped from $7,410.40 to $7,345.85. The hourly chart for Monday shows us that the price fell to $7,229.25, where it found intraday support and bounced up to $7,315. 

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ETH/USD keeps falling after failing at the $155-level

ETH/USD managed to chart a third straight bearish day after failing at the $155-level. This Monday, Ethereum has dropped from $151.30 to $149. The price is floating below the 200-day Simple Moving Average (SMA 200), SMA 50 and SMA 20 curves.

XMR/USD shows some bullish signals

XMR/USD has broken a trendline on the 4-hour chart that could point to some upside potential. The price is holding above 50 now and if 58 gets taken out then a run on 60 could take place. 55 is the next psychological level at the moment and price has been sticky there in the past.

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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 rebound remains fragile as muted ETF flows and weak technicals cap upside

XRP rebound remains fragile as muted ETF flows and weak technicals cap upside

Ripple (XRP) is regaining momentum, trading above $1.10 at the time of writing on Monday. This modest rebound mirrors the broader recovery observed across the cryptocurrency market.

Bitcoin Weekly Forecast: Strategy sells, the market doesn’t care

Bitcoin Weekly Forecast: Strategy sells, the market doesn’t care

Bitcoin reclaims $64,000 on Friday, extending a modest recovery while holding firmly above the key technical support zone so far this week. Mixed spot Exchange Traded Funds (ETFs) flows through Thursday reflect cautious institutional positioning.

Pi Network tests key support as bears anticipate further decline

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Uniswap is up 3% on Friday, extending its rebound from the 50-day EMA at $3.08. Retail demand builds around Uniswap as Open Interest rises 5% in 24 hours, with a positive spike in the funding rate.

Bitcoin: Strategy sells, the market doesn’t care

Bitcoin: Strategy sells, the market doesn’t care

Bitcoin (BTC) reclaims $64,000 on Friday, extending a modest recovery while holding firmly above the key technical support zone so far this week. Mixed spot Exchange Traded Funds (ETFs) flows through Thursday reflect cautious institutional positioning. Meanwhile, traders have digested headlines about Strategy’s recent Bitcoin sale, highlighting the Crypto King’s resilience and deep liquidity.