Cryptocurrencies Price Prediction: Bitcoin, Ethereum & Ripple – American Wrap 25 June

FXStreet Team FXStreet

Bitcoin Technical Analysis: BTC/USD briefly dips below $9,000 and loses the daily uptrend

Bitcoin lost the daily 12-EMA and the 26-EMA on June 24 after a notable crash towards $9,000. On June 25, Bitcoin finally succumbed and dipped below $9,000 but not for long. The top-ranked digital asset remains inside a daily ascending parallel channel formed at the beginning of May.

Ethereum Technical Analysis: ETH/USD bounces from $227 and holds the daily uptrend

This is the second bullish reversal candlestick formed by Ethereum. The pattern can be seen on June 15 as well, where ETH/USD did get a decent amount of continuation the next day which eventually led to a significant break towards $250. Will history repeat itself? The situation is different but better for Ethereum as the digital asset is now in a daily uptrend and much closer to the daily 12-EMA.

Ripple Price Prediction: Is XRP/USD at danger of falling towards $0.10 again?

It’s quite apparent that XRP has been weaker than Bitcoin or Ethereum. XRP, like most of the other altcoins, is following Bitcoin, however, every crash, XRP crashes harder and every bounce recovers less. The XRP/BTC pair has been in a huge downtrend basically since January 2018.

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Ripple Price Forecast: XRP recovery dims as demand cools

Ripple (XRP) maintains narrow range trading on Monday, with support at $1.10. The token's upside remains largely constrained, as major moving averages trend downward, aligning with low demand in both the institutional and retail markets.

Crypto Today: Bitcoin, Ethereum, XRP hold key support as US and Iran agree to halt strikes

Bitcoin (BTC) maintains a neutral-to-bullish outlook, trading above $65,000 on Monday. Ethereum (ETH) is approaching the key supply and inflection point $2,000, while Ripple (XRP) hovers slightly above $1.10, underscoring a marginal improvement in the broader cryptocurrency market sentiment.

Shiba Inu Price Forecast: The three factors driving SHIB's mystery rally

Shiba Inu (SHIB) price is down 3% on Monday, reflecting a potential profit-driven pullback after rising over 25% over the last two days. The mystery rally in SHIB has outpaced the minor recovery seen in other meme coins, with data suggesting it is linked to supply burns, the Korean market demand, and ecosystem expansion.

Bitcoin options traders are dropping their hedges going into the Fed meeting

Bitcoin's options market has turned notably less defensive over the past month, unwinding the downside protection traders built up in June just as the Federal Reserve prepares to meet.

Bitcoin: BTC holds firm, but the $100 Oil threat could change the game

Bitcoin (BTC) is modestly recovering, trading at $65,400 on Friday and holding firmly above the key support zone. US-listed spot Bitcoin Exchange Traded Funds (ETFs) supported BTC’s modest recovery as they continued to attract institutional inflows through Thursday, pointing to the third consecutive week of inflows.