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Cryptocurrencies Price Prediction: Bitcoin, Ripple & Crypto – European Wrap 22 October

Bitcoin Price Forecast: BTC retreats as geopolitical uncertainty offsets ETF inflows

Bitcoin (BTC) declines more than 2% on Thursday, trading below $83,000 at the time of writing, threatening to erase its gains from earlier this week. Despite the pullback, institutional demand remains supportive, with spot Bitcoin Exchange Traded Funds (ETFs) recording a third consecutive day of inflows so far this week. 

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Ripple Price Forecast: XRP tests $1.30 support level as protocol pushes bug fix to November

Ripple (XRP) is correcting toward $1.30 on Thursday, giving back early-week gains. Attempts to push recovery toward $1.40 failed, leaving buyers demoralized and sellers gaining ground. The path of least resistance remains downward, and the sell-off is likely to accelerate if bulls give up the $1.30 demand area.

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Crypto Today: Bitcoin, Ethereum, XRP fall despite net ETF inflows

Bitcoin (BTC) trades around $82,000 on Thursday, leading a broader cryptocurrency market correction. Early-week attempts to sustain recovery after testing support near $80,000 failed to breach the $84,000 hurdle, triggering the ongoing pullback amid buyer exhaustion.

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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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Cardano Price Forecast: Weak momentum puts ADA recovery at risk

Cardano is trading below $0.222 on Thursday after failing to sustain gains above the 50-day Exponential Moving Average near $0.228 the previous day. Weakening derivatives metrics and fading bullish momentum continue to weigh on sentiment, while a break below the 100-day EMA could push ADA lower. Derivatives data shows a cautious outlook for Cardano.

Ripple and Stellar outlook: XRP and XLM recovery stalls below EMAs

Ripple and Stellar remain under pressure on Thursday as both struggle to sustain their recent recovery attempts. XRP trades below $1.36, while XLM slips beneath $0.183, as mixed derivatives metrics, weakening momentum indicators and heating market conditions suggest cautious market sentiment. Derivatives data shows weakening conditions for Ripple and Stellar.

Zcash Price Forecast: ZEC reclaims $1,300 as ETF inflow hits 30-day high

Zcash price hovers above $1,300 on Thursday, sustaining its 15% gains so far this week with three straight days of recovery. Institutional and retail appeal is returning, with over $15 million in inflows recorded on Wednesday and ZEC futures Open Interest rising to a 30-day high of $2.89 billion. The technical outlook for ZEC indicates an upside bias as recovery gains traction.

Bitcoin derivatives improve, but $87,000 sell wall looms
Bitcoin (BTC) showed signs of recovery on Wednesday as derivatives positioning improved, but sell risk grew between $86,500 and $87,500, where sell orders and leveraged liquidation clusters could limit further gains.
Bitcoin: Macroeconomic headwinds, cooling demand cap BTC gains
Bitcoin (BTC) extends losses this week, trading below $82,500 as of Friday as selling pressure continues. Weakening institutional demand supports this pullback as BTC spot Exchange-Traded Funds (ETFs) are on track to record a two-week withdrawal streak, reaching $146.19 million in net outflows through Thursday.