Cryptocurrencies Price Prediction: Bitcoin, IOTA & EOS – European Wrap 8 June

FXStreet Team FXStreet

Bitcoin Price Prediction: BTC/USD eyes zoom in on $9,779 resistance – Confluence Detector

Bitcoin sideways trading has entered the new week after dominating the weekend session. It has become unviable to attempt a breakout above $10,000 because the last two spikes resulted in extreme dips. For now, Bitcoin has broken the weekend consolidation range at $9,700 and is teetering at $9,674. On the upside, I anticipate resistance at $9,800 and $10,000 respectively.

IOTA Market Update: IOT/USD is set to continue the downside correction

IOTA is the 24th largest digital asset with the current market value of $665 million and an average daily trading volume of $15 million. The coin is changing hands at $0.2380, mostly unchanged both on a day-to-day basis and since the beginning of Monday. Currently, the coin is moving within a short-term bearish bias within a tight range.

EOS Chart Update: EOS/USD loses over 1% in a matter of minutes, recovery underway

EOS is changing hands at $2.77, down 1.4% since the start of the day. The coin takes the 9th place in the global cryptocurrency rating with the current market value of $2.6 billion and an average daily trading volume of $2.0 billion.

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Solana Price Forecast: SOL consolidates as spot ETF inflows near $1 billion signal institutional dip-buying

Solana (SOL) price hovers above $131 at the time of writing on Monday, nearing the upper boundary of a falling wedge pattern, awaiting a decisive breakout.

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

Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) hover around key levels on Monday after correcting slightly in the previous week. The top three cryptocurrencies by market capitalization could face increased downside risk as bearish momentum builds across key indicators.

Top Crypto Losers: DASH, SPX, PENGU – Privacy and meme coins lose ground

Altcoins, including Dash (DASH), SPX6900 (SPX), and Pudgy Penguins (PENGU), are leading losses as the broader cryptocurrency market remains cautious ahead of the macroeconomic data releases, such as the US Nonfarm payroll report, CPI data, and the Bank of Japan’s rate-hike decision.

Top 3 Price Prediction: BTC and ETH eyes breakout, XRP steadies at support

Bitcoin (BTC) and Ethereum (ETH) are nearing the key resistance levels at the time of writing on Friday, and a successful breakout could open the door for a fresh rally. Meanwhile, Ripple (XRP) is stabilizing around a crucial support zone, hinting at a potential rebound if buyers maintain control.

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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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