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Cryptocurrencies Price Prediction: Bitcoin, Ripple & ChainLink – Asian Wrap 09 Nov

Cryptocurrencies Price Prediction: Bitcoin, Ripple & ChainLink – Asian Wrap 09 Nov
FXStreet TeamFXStreet TeamFXStreet

Bitcoin Technical Analysis: BTC rebounds eyeing $16,000

Bitcoin bulls held firmly to the support recently established at $14,500 after trading new yearly highs close to $16,000. The upsurge was attributed to the tension created by the United States presidential elections in the stock market.

Ripple Price Prediction: XRP draws closer to $0.3

Ripple has been determined to come out of a ranging channel since September. However, resistance at $0.26 has not given buyers the leeway to complete the ultimate journey to $0.3. The short-term support at $0.23 played a vital role throughout October and the first week of November.

Chainlink Price Forecast: LINK rebounds ahead of the new week

Chainlink emerged as one of the biggest gainers this week, rallying from the dip under $10 to highs above $13.50. The rally took place amid the tension created in the markets by the United States presidential elections. A correction from the resistance at $13.50 appears to have established higher support at $11.50.

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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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Ripple and Stellar outlook: XRP and XLM rebound as bearish momentum weakens

Ripple and Stellar outlook: XRP and XLM rebound as bearish momentum weakens

Ripple and Stellar trade higher as both altcoins extend their recovery after defending key support levels earlier this week. XRP is up more than 2% so far this week, while XLM has rebounded after finding support around $0.177. Improving derivatives metrics and fading bearish momentum indicators suggest the recovery could extend in the near term.

Crypto Market Overview: Bitcoin eyes 50-day EMA breakout – Ondo, Ether.fi beat the market

Crypto Market Overview: Bitcoin eyes 50-day EMA breakout – Ondo, Ether.fi beat the market

The broader cryptocurrency market shows early signs of recovery, with Bitcoin testing a breakout above its 50-day Exponential Moving Average around $65,136. Improving risk appetite has investors turning toward DeFi tokens such as Ondo and Ether.fi that emerge as best performers over the last 24 hours.

Bitcoin bottom may be taking shape as selling pressure eases — Glassnode

Bitcoin bottom may be taking shape as selling pressure eases — Glassnode

Bitcoin's recent recovery may mark the early stages of a bottoming process as macroeconomic data continues to boost investor confidence, according to a Glassnode report on Wednesday. Bitcoin outperformed both US and European equities following the US CPI inflation report on Tuesday, recovering strongly after weeks of trading sideways near recent lows.

Ethereum Price Forecast: ETH rises above $1,900 as BitMine sees improved staking revenue

Ethereum Price Forecast: ETH rises above $1,900 as BitMine sees improved staking revenue

Ethereum (ETH) treasury firm BitMine Immersion Technologies (BMNR) saw over $45.7 million in staking and validation revenue in the quarter that ended May 31, according to a 10-Q filing with the Securities and Exchange Commission (SEC). That figure represents roughly 98% of the firm's total revenue of $46.5 million, up from $2.05 million over the past year.
Bitcoin: Strategy sells, the market doesn’t care

Bitcoin: Strategy sells, the market doesn’t care

Bitcoin (BTC) reclaims $64,000 on Friday, extending a modest recovery while holding firmly above the key technical support zone so far this week. Mixed spot Exchange Traded Funds (ETFs) flows through Thursday reflect cautious institutional positioning. Meanwhile, traders have digested headlines about Strategy’s recent Bitcoin sale, highlighting the Crypto King’s resilience and deep liquidity.