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Cryptocurrencies Price Prediction: Bitcoin, Hyperliquid & Chainlink — Asian Wrap 15 October

Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC, ETH, and XRP pause recovery near key technical barriers

Bitcoin price recovered slightly on Sunday, closed above $114,900 after a sharp fall on Friday. BTC continued its recovery on Monday and retested the 78.6% Fibonacci retracement level at $115,137 (drawn from the April low of $74,508 to the October 6 high of $126,199). This level roughly coincides with the 50-day Exponential Moving Average (EMA) at $115,420, making it a key resistance zone. On Tuesday, BTC declined by 1.86% after retesting the resistance zone, but found support around the ascending trendline. At the time of writing on Wednesday, it hovers around $112,800. If BTC continues its correction, it could extend the decline toward the daily support level at $107,245.

HYPE, SPX, and FET lead the losses as crypto market liquidations cross $650 million

Hyperliquid edges lower by over 1% at press time on Wednesday, extending the 7% loss from Tuesday. The pullback in Decentralized Exchange (DEX) token erases the Monday gains and risks a potential drop below the 200-day Exponential Moving Average (EMA) at $38.28. The S1 Pivot Point level at $36.77 could act as the immediate support, which provided a bouncepad on Sunday. If HYPE marks a daily close below this level, it could extend the decline to the centre Pivot Point level at $28.36.

S&P Global partners with Chainlink to integrate stablecoin rating on-chain

S&P Global Ratings has teamed up with blockchain oracle provider Chainlink to make its new Stablecoin Stability Assessments (SSAs) available on-chain, according to a statement on Tuesday. SSA provides financial institutions with real-time access to ratings that measure how effectively stablecoins maintain their pegs. The partnership will bring S&P Global Ratings' stablecoin risk assessments on-chain, enabling DeFi platforms and institutional investors to use the data to enhance crypto-native markets.

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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.

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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.