Cryptocurrencies Price Prediction: Bitcoin, Ethereum & Ripple – American Wrap 15 June

FXStreet Team FXStreet

Bitcoin Price Prediction: BTC/USD defends $8,900, where are the resistance levels? – Confluence Detector

Bitcoin had another leg down today on June 15, however, bulls have managed to push Bitcoin back up from a low of $8,910. The current daily candlestick is a bullish reversal candlestick and indicates that bulls are still interested in buying Bitcoin.

Of course, Bitcoin will encounter more resistance levels towards $10,000 now. Let’s check out some of the closest resistance points Bitcoin is facing.

Ethereum Chart Analysis: ETH/USD push towards $228 indicates a slight recovery

Things weren’t looking good for Ethereum and the majority of cryptos. The bulls seem to be back and have managed to push ETH up to $228, close to the daily 26-EMA. This is an important support level that if defended, would indicate Ethereum is still slightly bullish.

XRP price analysis – Expecting $0.15 soon

The first days of the week the cryptocurrency market has stared with a bearish mood as the decline that started over the weekend has continued. As a result, all of the top 10 coins are in the red zone.

Top 10 coins by Coinstats

The decrease in the market has affected its capitalization, which has lost $10 Bln in just 24 hours.

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Avalanche struggles near $12 as Grayscale files updated form for ETF

Avalanche trades close to $12 by press time on Wednesday, extending the nearly 2% drop from the previous day. Grayscale filed an updated form to convert its Avalanche-focused Trust into an ETF with the US Securities and Exchange Commission.

Bitcoin slips below $87,000 as ETF outflows intensify, whale participation declines

Bitcoin price continues to trade around $86,770 on Wednesday, after failing to break above the $90,000 resistance. US-listed spot ETFs record an outflow of $188.64 million on Tuesday, marking the fourth consecutive day of withdrawals.

Michael Selig assumes role as new CFTC Chair, what does this mean for crypto?

Michael Selig has been sworn in to serve as the 16th Chairman of the Commodity Futures Trading Commission. Selig was confirmed by the US Senate to head the commission last week, following his October nomination by the US President Donald Trump.

Crypto.com hires sports trader for event prediction market-making

Crypto.com plans to recruit a quant trader for the sports market-making team to buy and sell financial contracts related to these events. Opponents argue that internal trading desks put operators or their affiliates on the opposite side of customer trades.

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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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