Cryptocurrencies price prediction: Bitcoin, Litecoin & Ripple – European Wrap – 11 March

FXStreet Team FXStreet

Bitcoin long-term bulls stay positive even as BTC/USD fails to recover above $8,000

Bitcoin (BTC) topped at $8,155 on Tuesday and resumed the sell-off to trade at $7,820 by press time. The first digital asset has lost 1.5% on a day-to-day basis, while its market share reduced to 64.2%. Notably, the coin has been moving within a short0term bearish trend amid expanding volatility.

Litecoin Price Analysis: LTC/USD grinds closer to a wedge pattern breakout

Litecoin price advanced from $50.18 but formed an intraday high at $50.75. The selling pressure at $51 intimated the bulls who scattered as the price fell to $49.06 (intraday low). Litecoin needs to move past $49.97, $50.74 and $51.50 to escape the trappings set by the bears. $49.06 is the Fibonacci 38.2% one-day, $50.74 is the pivot point one-week support three and $51.50 is the previous day high. On the downside, support is observed at $48.95: The previous day low and the Bollinger Band 15-mins lower. The second support is seen at $48.43: Pivot Point one-month support one.

Ripple partners with non-profit organization to support innovations as XRP/USD hovers around $0.2100

XRP/USD is changing hands at $0.2095 after an initial attempt to settle above $0.2100. The third-largest coin with the current market value of $9.18 billion has been range-bound with bullish bias after a strong sell-off on the past weekend and on March 9. XRP/USD has gained about 1% in recent 24 hours, though it is still down over 9% on a weekly basis.

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Pi Network Price Forecast: PI crashes to a record low amid broader market stress

Pi Network price edges toward $0.1000 extending losses for the fifth straight day. Retail sentiment remains bearish as Open Interest and the funding rate decline. The technical outlook for PI is bearish as selling pressure mounts, despite oversold conditions.

Cardano Price Forecast: Extends losses as whale offloading, weak derivatives pressure ADA

Cardano remains under pressure, trading below $0.175 and posting four consecutive days of losses. Growing selling activity from large holders, weakening derivatives metrics and a deteriorating technical outlook suggest bears remain in control and could pave the way for further downside.

Crypto Market Overview: Bitcoin slips below $63,000 – Zcash and Polygon extend gains

Bitcoin trades below $63,000 risking a steeper correction amid resurfacing tensions between the US and Iran. Zcash and Polygon have maintained a steady recovery over the last 24 hours, hinting at an extended breakout rally. US military executed strikes against Iran on Wednesday in retaliation for three ships shot down by Tehran in the Strait of Hormuz.

SEC advances crypto regulatory agenda with proposals on token offerings, custody, market structure

The US Securities and Exchange Commission (SEC) on Tuesday unveiled an expansive crypto regulatory agenda for 2026. The regulator outlined plans to formalize oversight of digital assets through new rules governing token offerings, custody, trading platforms and broker-dealer operations.

Bitcoin: Quarter-end rebalancing might fuel BTC next bullish move

Bitcoin (BTC) is up over 3% so far this week, trading above $61,800 at the time of writing on Friday after slipping to a 21-month low earlier this week. Institutional selling continued, with spot Exchange Traded Funds (ETFs) recording net outflows of over $520 million through Thursday, pointing to the eighth consecutive week of withdrawals.