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Cryptocurrencies Price Prediction: Bitcoin, Polygon and Ripple – European Wrap 8 July

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Crypto markets bleed in preparation for massive bull rally

Bitcoin price rejection at the midpoint of the range has led to a slow downtrend gathering steam as of this writing. If this persists, BTC is likely to drop until it finds stable ground to kick-start another uptrend.

BTC/USDT 4-hour chart

MATIC Price Prediction: Polygon finds stable support to propel it to $1.32

MATIC price has been range-bound for quite some time. However, the recent rejection at a crucial resistance barrier has tightened the noose around Polygon.

MATIC/USDT 4-hour chart

XRP price screams sell, increasing risk of 20% drop

XRP price gave investors headaches again this morning after it broke to the downside. Only one support barrier is present to prevent Ripple prices from going down to $0.50.

XRP/USD 4-h chart

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FXStreet Team

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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Cryptocurrency prices remain under pressure as a risk-off mood persists on Friday, with Bitcoin consolidating its losses above $62,000. Altcoins, including Ethereum and Ripple, are extending their weakness, trading near lower support levels around $1,600 and $1.12, respectively.

Bitcoin Weekly Forecast: After the bloodbath, everyone looks at $60,000

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Bitcoin: After the bloodbath, everyone looks at $60,000
Bitcoin (BTC) hovers above $62,000 at the time of writing on Friday, weighed down by growing risk-off sentiment due to persistent geopolitical tensions in the Middle East and sticky macroeconomic uncertainty. The institutional sell-off continued to wreak havoc on capital flows, with spot Bitcoin Exchange-Traded Funds (ETFs) recording billions in outflows.