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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 Price Forecast: Sellers retain control as Evernorth Holdings files with SEC to buy more XRP

Ripple Price Forecast: Sellers retain control as Evernorth Holdings files with SEC to buy more XRP

Ripple’s (XRP) correction on Monday is deepening below $1.30, reflecting growing headwinds in the broader cryptocurrency market. Based on the token’s technical picture, the path of least resistance could stay downward until the $1.30 supply area flips into support.

Bitcoin stalls around $80,000 as geopolitical tensions dampen risk appetite

Bitcoin stalls around $80,000 as geopolitical tensions dampen risk appetite

Bitcoin hovers around $80,500 on Monday after three straight weeks of correction. Rising geopolitical tensions in the Middle East continue to push oil prices higher, stoking inflation concerns and dampening risk appetite.

Crypto Today: Bitcoin, Ethereum and XRP extend losing streak as bearish momentum builds

Crypto Today: Bitcoin, Ethereum and XRP extend losing streak as bearish momentum builds

Cryptocurrency prices are broadly correcting on Monday, led by Bitcoin’s five-day sell-off. Ethereum edges lower and trades around $2,325, as sellers build momentum to retain control over the trend. Meanwhile, Ripple shows signs of consolidating.

Pi Network Forecast: PI token remains under bearish pressure despite network access and security upgrade

Pi Network Forecast: PI token remains under bearish pressure despite network access and security upgrade

Pi Network trades around $0.075 on Monday, holding steady after two consecutive days of roughly 2% losses, resulting in the lowest weekly close ever. Pi Network rolled out desktop version 0.6.4 on Thursday, focused on improving remote access and security for local AI apps.

Bitcoin extends pullback as ETF inflows clash with risk-off sentiment

Bitcoin extends pullback as ETF inflows clash with risk-off sentiment

Bitcoin remains under pressure, trading around $81,800 on Friday, recording modest losses so far this week. Despite a mild pullback, institutional demand showed signs of a comeback with spot Exchange Traded Funds recording $442.67 million in net inflows through Thursday.