Cryptocurrencies Price Prediction: Bitcoin, NEAR & Ripple – Asian Wrap 10 November

Bitcoin hits lowest weekly close since August as short-term holders slip into losses

Bitcoin (BTC) fell below $75,000 on Tuesday, after recording its lowest weekly close since August as selling pressure pushed recent buyers into losses. Short-term holders (STHs) are approaching their break-even levels, while realized losses have increased relative to profits, according to Monday’s Glassnode Market Pulse. The development suggests that investors who bought Bitcoin during its recent recovery are facing growing pressure as prices continue to fall.

NEAR Protocol Price Forecast: NEAR risks further decline as bearish signals mount

NEAR Protocol (NEAR) shows resilience above $3.50 on Tuesday, following the previous day’s rebound from the $3.40 support level. Muted institutional investor interest and a steady decline in retail demand, along with a negative Coinbase premium and outflows from NEAR futures, weigh on the AI token. The technical outlook for NEAR remains bearish, as the price trend is capped below multiple resistance levels.

Ripple and Stellar outlook: XRP and XLM extend losses as bears hold strong

XRP price trades at $1.093 on Tuesday, extending a bearish phase as it holds well below the 50-day, 100-day, and 200-day Exponential Moving Averages (EMAs) clustered between roughly $1.290 and $1.370. The Relative Strength Index (RSI) sits deep in oversold territory near 26. At the same time, the Moving Average Convergence Divergence (MACD) remains negative, suggesting selling pressure dominates, even if short-term bounces cannot be ruled out from stretched conditions.