Cryptocurrencies Price Prediction: Bitcoin, Ripple and Shiba Inu – European Wrap 19 October

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Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Crypto markets continue to chop

Bitcoin price has shown no signs of slowing down since it began its sell-off on October 18. There is a high chance this trend will continue until BTC finds a stable support level. Until this happens, investors should be open to seeing Ethereum, Ripple and other altcoins also shed weight.

Ripple price action sours as UK inflation reminds traders of bigger picture

Ripple (XRP) price action has already printed 5% losses over the past two days as price action slips back below $0.48 in what turned out to be a bull trap. The week started on a high note, with strong earnings and stock markets rallying firmly higher. Unfortunately, reality kicked in again this morning as UK inflation numbers printed a new record high, putting pressure on the BoE to address the inflation with more aggressive rate hikes, which in turn could spark a severe recession as a massive wave of defaults hits the already battered UK economy.

Shiba Inu Price Prediction: Key levels to watch as SHIB bulls plan to revisit $0.0000179

Shiba Inu price shows a lack of bullish momentum that has caused its recent run-up to reverse. As a result, SHIB is likely to undo the recent gains and slide lower before retesting a critical support level.

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Top 3 Price Prediction: BTC consolidates gains, ETH defends support, XRP nears breakout trigger

Bitcoin, Ethereum and Ripple begin the week on a constructive note as the top three cryptocurrencies attempt to extend rebounds after recovering nearly 4%, 2% and 2.6%, respectively. BTC steadies around $65,600, ETH continues to hold firmly above the key $1,700 support, while XRP nears the upper boundary of the falling channel pattern.

Ethereum Price Forecast: ETH struggles below $1,700 amid subdued on-chain users and capital outflows

Ethereum rises, albeit gradually, toward $1,700. The smart contract token reflects a marginal increase in buyers seeking to re-engage at lower price levels, following the massive drawdown from mid-May, which was largely driven by geopolitical tensions in the Middle East and macroeconomic uncertainty.

XRP clings to support as derivatives interest cools

Ripple hangs on to $1.14 support, extending its rebound from its early-week support at $1.10 and June’s low of $1.05. Maintaining this short-term support level is vital for the remittance token to preserve its bullish momentum, with a decisive breakout above $1.20 likely to signal further upside potential.

Crypto Today: Bitcoin, Ethereum, XRP recovery slows amid incessant capital outflows

The cryptocurrency remains in a broader corrective bias on Friday, despite majors such as Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) holding slightly higher than early-week support levels. Bitcoin hovers around $63,500 amid a capped upside. Ethereum eyes a breakout past $1,700, while XRP hovers above $1.40.

Experts agree: Bitcoin nears bottom, but weak demand raises doubts

Bitcoin (BTC) is trading above $63,000 at the time of writing on Friday after rebounding from the key 200-week Simple Moving Average (SMA) near $62,000, a level widely viewed as key long-term support. The recovery may suggest that Bitcoin has found a floor after a sharp correction that spanned more than a month, but some warning signs persist.