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Cryptocurrencies Price Prediction: Bitcoin, Ethereum & Zcash – American Wrap 23 June

Cryptocurrencies Price Prediction: Bitcoin, Ethereum & Zcash – American Wrap 23 June
FXStreet TeamFXStreet TeamFXStreet

Bitcoin Technical Analysis: BTC/USD bull flag awaits confirmation to launch Bitcoin above $10,000

After rumors from PayPal and Venmo adding cryptocurrency payments, Bitcoin and the rest of the market saw a big pump. BTC/USD peaked at $9,786 before a slight correction to $9,600 but still managed to close at $9,689 above the daily 12-EMA and the 26-EMA which have remained bullish.

Ethereum Market Update: ETH/USD is set for a strong rally once $254.00 is cleared

ETH/USD settled above $243.00 after a short-lived jump above $244.67 on Monday. The second-largest digital asset has gained nearly 3% in the recent 24 hours and stayed unchanged since the start of the day. At the time of writing, ETH/USD is moving withing a short-term downside trend amid low volatility.

Zcash Technical Analysis: ZEC/USD pokes through $60 but gets rejected at $61.5

Zcash is up 200% since March 13 but was slowing down significantly over the past three weeks. ZEC/USD was inside a daily downtrend after losing the 12-EMA and hitting a lower low at $48. On June 22, ZEC had an initial bull surge to $53.62 from a low of $50.3. On June 23, buyers followed up with more strength pushing Zcash above $60, hitting $61.54 before a mild pullback to $58.47.

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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 tests key support with elevated on-chain activity as whale selling threatens rally

XRP tests key support with elevated on-chain activity as whale selling threatens rally

XRP tests $1.40 support and rises to trade at $1.43 on Wednesday as the crypto market broadly consolidates. XRP faces profit-taking risk, as whales increasingly sell following last week’s rally.



Bitcoin recovery stalls near $80,000 as ETF inflows mount, whale demand strengthens

Bitcoin recovery stalls near $80,000 as ETF inflows mount, whale demand strengthens

Bitcoin hovers above $78,000 on Wednesday, struggling to advance beyond $80,000 after its strongest weekly rise in three years. BTC ETFs recorded their seventh consecutive day of inflows, totaling $314 million on Tuesday, amid whales rotating $5 billion into tax-deferred swaps.

Crypto Today: Bitcoin, Ethereum, XRP broadly consolidate ahead of the next leg up

Crypto Today: Bitcoin, Ethereum, XRP broadly consolidate ahead of the next leg up

Bitcoin has retained a strong bullish outlook since last week, trading around $79,000 on Wednesday. As the Crypto King consolidates, bulls appear to be mulling another breakout attempt to reclaim $80,000 and push beyond the supply zone at $82,500.

Hyperliquid eyes record high on rising revenue, ETF inflows

Hyperliquid eyes record high on rising revenue, ETF inflows

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Bitcoin: The US Treasury saves BTC

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Bitcoin extends gains, trading above $77,000 on Friday after rallying over 20% and reaching its highest level since mid-May. Crypto markets continue to cheer the US Treasury’s decision to double its debt buyback operations, posting their 7th-largest liquidation event in history.