|

Cryptocurrencies Price Prediction: Bitcoin, Ripple and Ziliqa – European Wrap 29 January

Elon Musk buys Bitcoin igniting the next bull run

The cryptocurrency market is a bust of activities as we usher in the weekend session. Dogecoin was pumped by traders on Reddit and speculators on Twitter, leading to a 600% upswing. However, the most intriguing and unexpected news is that the founder of Tesla, the leading manufacturer of electric vehicles, Elon Musk, has finally purchased BitcoinRead more...

BTC/USD price chart

Ripple on the brink of 40% upsurge targeting $0.38

Ripple is among the cryptocurrencies that are likely to have benefited from the Dogecoin’s rally. After holding tight in consolidation, the cross-border token spiked, briefly stepping above $0.3. The least resistance path is currently on the upside, as the bulls fight to sustain the uptrend. Read more...

XRP/USD 4-hour chart

ZIL on the verge of a 67% move following extended consolidation

Zilliqa has been in consolidation after correcting from the December 2020 high of $0.099. Despite the rally observed across the cryptocurrency market in January, ZIL remained relatively stable, especially after holding above $0.05. Meanwhile, the high transaction throughput token is dancing at $0.065 while looking forward to a potential breakout eyeing highs above $0.1. Read more...

ZIL/USD 4-hour chart

 

Author

More from FXStreet Team
Share:

Editor's Picks

Solana Price Forecast: SOL approaches critical support as bearish outlook persists

Solana (SOL) is trading in the red, down 2% at press time on Thursday, aligning with the broader cryptocurrency market correction as the US Federal Reserve kept the interest rates unchanged on Wednesday.

Cardano Price Forecast: ADA slips below $0.36 as geopolitical tensions pressure risk assets

Cardano (ADA) price extends losses, trading below $0.36 on Thursday after a correction on the previous day. Risk sentiment continues to weaken with rising geopolitical tensions between the US and Iran, pressuring risk assets such as ADA.

Top Crypto Gainers: Worldcoin, Canton, Jupiter hold gains as the market corrects

Worldcoin, Canton, and Jupiter hold gains over the last 24 hours as the broader cryptocurrency market stalls after the US Federal Reserve announced keeping the interest rates unchanged on Wednesday.

Fidelity unveils FIDD stablecoin, set to launch in coming weeks

Fidelity Investments announced that it will launch its first stablecoin, the Fidelity Digital Dollar (FIDD), making it one of the first large traditional firms in the US to do so.

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.

Bitcoin: BTC slips below $90,000 as Trump's tariffs swing, ETF outflows pressure price

Bitcoin (BTC) is trading below $90,000 at the time of writing on Friday, down nearly 5% this week. Despite a brief improvement in risk appetite following US President Donald Trump’s mid-week speech at Davos, the Crypto King remains under pressure as institutional demand continued to weaken so far this week.