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Cryptocurrencies Price Prediction: Bitcoin, Ripple & Ethereum – Asian Wrap 04 May

Cryptocurrencies Price Prediction: Bitcoin, Ripple & Ethereum – Asian Wrap 04 May
FXStreet TeamFXStreet TeamFXStreet

Bitcoin Price Analysis: BTC/USD stalls under $9,000 even as hash rate spikes to new all-time high

Bitcoin price has had a relatively stable weekend trading with the upside limited under $9,000. However, the largest digital asset is having a drab start this week following a 1.88% retracement on the day. From an opening value of $8,909, BTC has corrected lower to $8,740. On the upside, an intraday high has been formed at $8,947. Meanwhile, the prevailing trend is bearish while the volatility is high.

Ripple Price Analysis: XRP/USD slumps over 2%, eyeing $0.20 support

Ripple price is the worst-hit with the widespread price retreat during the Asian hours Monday. The stability witnessed across the weekend session appears to have been ousted. Meanwhile, XRP is trading 2.34% after adjusting lower from $0.2194 (opening value). 

Ethereum Price Analysis: ETH/USD stays flat above $200

Ethereum (ETH/USD) stayed relatively quiet on Saturday and gained 1% to close at $214. Although the pair edged higher to $220 earlier in the day, it seems to be having a difficult time gathering momentum. As of writing, the pair was virtually unchanged on the day at $214.50. On a weekly basis, the pair is up more than 8% and remains on track to close sixth straight week in the positive territory.

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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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Crypto Today: Bitcoin at $60,000, Ethereum at $1,500, and XRP at $1 face a make-or-break test

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Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are trading in the red on Friday after three consecutive days of losses, testing their respective make-or-break support levels.

Bitcoin Weekly Forecast: BTC hits 20-month low, will the pain continue?

Bitcoin Weekly Forecast: BTC hits 20-month low, will the pain continue?

Bitcoin recovers slightly, trading at $66,000 on Friday after reaching a new yearly low of $58,115 earlier this week, its lowest level since October 2024. Institutional selling intensified as spot ETFs recorded $1.35 billion in net outflows through Thursday.

XRP clings to $1 as long liquidations deepen bearish trend

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Ripple trades near the key psychological support level of $1 at the time of writing on Friday after losing more than 8% so far this week. CoinGlass liquidation data shows that over 97% XRP long positions were wiped out over the past 24 hours.

Pi Network Price Forecast: Minor recovery amid market crash fuels short-term hope

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Bitcoin: BTC hits 20-month low, will the pain continue?

Bitcoin: BTC hits 20-month low, will the pain continue?

Bitcoin (BTC) recovers slightly, trading at $66,000 on Friday after reaching a new yearly low of $58,115 earlier this week, its lowest level since October 2024. Institutional selling intensified as spot Exchange Traded Funds (ETFs) recorded $1.35 billion in net outflows through Thursday.