Cryptocurrencies Price Prediction: Bitcoin, Ethereum & Siacoin – American Wrap 24 June

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Bitcoin Price Outlook: Venezuela will accept Bitcoin payments for passport procedures, will it boost BTC/USD?

Bitcoin is currently trading at $9,300 after a peak of $9,670. Bulls couldn’t defend the daily 12-EMA at $9,463 or the 26-EMA at $9,444. The next support level is established at $9,170 as the last higher low of the current uptrend.

Ethereum Price Prediction: ETH/USD at risk of losing $230 after a massive 5% crash

Ethereum has lost most of its gains on June 22 after a significant price collapse to $231. Buyers are holding the daily 26-EMA at $232 for now but there is a significant risk of losing $230 and re-testing the low of June 20 at $225.62.

Siacoin Technical Analysis: SC/USD dropped 25% but the uptrend is still intact

Siacoin has lost some of its gains but it’s not a surprise considering the magnitude of the bull run. The peak happened on June 16 at $0.0043, but even now at $0.0031, SC/USD is up by more than 300% since the low on March 14.

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FXStreet Team

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Crypto Today: Bitcoin, Ethereum, XRP stay under pressure as investors turn more risk-averse

The cryptocurrency market trades under intense headwinds on Wednesday, led by Bitcoin’s (BTC) deepening sell-off below $60,000. The Crypto King hovers above $58,000.

Pi Network holds on thin ice with 76 million tokens ready to be unlocked

PI is holding steady around $0.1150 on Wednesday, stabilizing after three consecutive days of losses of around 10%. Pi remains under pressure, with more than 76 million tokens scheduled for unlocking in June, potentially accelerating the bearish trend.

Bitcoin sinks to 21-month low amid ETF outflows, US-Iran peace uncertainty

Bitcoin stabilizes around $59,000 after falling to a 21-month low of $57,800 on Wednesday. Geopolitical uncertainty remains elevated after Iran ruled out talks with US envoys, clouding prospects for a peace agreement and keeping risk sentiment fragile.

Jupiter positions for a trend reversal as network activity picks up

Jupiter is up 6% on Wednesday, crossing above its 200-day EMA at $0.2192. Network data shows a spike in monthly revenue and fees in June to a three-month high.

Bitcoin: BTC hits 20-month low, will the pain continue?

Bitcoin has remained under pressure this past week, losing over 5% as traders assess mixed signals from different parties involved in the Middle East conflict.