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Cryptocurrencies Price Prediction: Bitcoin, Ripple & Chainlink – Asian Wrap 19 Aug

Cryptocurrencies Price Prediction: Bitcoin, Ripple & Chainlink – Asian Wrap 19 Aug
FXStreet TeamFXStreet TeamFXStreet

Bitcoin drops below $12,000

BTC/USD plummeted as the price fell from $12,323 to $11,955.90 this Tuesday. In the process, BTC/USD has dropped below the $12,000 price level. Currently, the bulls have stepped back in to improve the price to $11,959. As per the daily chart, we have one strong resistance level at $12,323.

Ripple Price Analysis: XRP/USD bulls consolidate price above the $0.30-level

XRP/USD bulls stepped back into the market following a bearish Tuesday as the price crept above the upward trending line. The price has gone up slightly from $0.3027 to $0.3041. The 20-day Bollinger Band has narrowed, showing decreasing price volatility. The Elliott Oscillator has had two straight red sessions, showing that the market sentiment is presently bearish.  

Chainlink Technical Analysis: LINK/USD begins bullish recovery after three straight bearish days

LINK/USD encountered heavy resistance at the $19.10 resistance line and had three consecutive bearish days. It looks like the buyers have decided to step up this Wednesday to initiate a price recovery. So far, LINK/USD has gone up slightly from $16.23 to $16.53. 

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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 pulls back despite strong ETF inflows

Ripple pulls back despite strong ETF inflows

Ripple (XRP) is correcting on Monday, trading around $1.48, a 13% drop from last week’s peak of $1.70. The remittance token surged about 72% from $1.00 last week, in line with the broader crypto market’s bullish outlook.

Crypto Today: Bitcoin, Ethereum and XRP pull back as rally cools

Crypto Today: Bitcoin, Ethereum and XRP pull back as rally cools

The cryptocurrency market is broadly correcting on Monday as investors shift focus to profit-taking after last week’s rally. Bitcoin (BTC) is edging lower amid capped upside below $80,000, with immediate support at $77,000.

Bitcoin stalls as profit-taking starts 

Bitcoin stalls as profit-taking starts 

Bitcoin stalls near $77,000 on Monday after surging over 23% last week, marking its strongest weekly gain since mid-March 2023. US-listed spot ETFs recorded $1.92 billion in weekly inflows, their highest weekly inflow so far this year and the largest since October 2025.

Solana eyes $100 breakout amid governance voting, renewed ETF inflows

Solana eyes $100 breakout amid governance voting, renewed ETF inflows

Solana (SOL) edges lower to $94 on Monday, following a 27% rebound last week to a two-month high. SOL-focused Exchange Traded Funds (ETFs) recorded four consecutive days of inflows last week, totaling $28.34 million, suggesting renewed institutional buying.

Bitcoin: The US Treasury saves BTC

Bitcoin: The US Treasury saves BTC

Bitcoin extends gains, trading above $77,000 on Friday after rallying over 20% and reaching its highest level since mid-May. Crypto markets continue to cheer the US Treasury’s decision to double its debt buyback operations, posting their 7th-largest liquidation event in history.