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Cryptocurrencies Price Prediction: Bitcoin, Ripple & Ethereum – Asian Wrap 06 May

Cryptocurrencies Price Prediction: Bitcoin, Ripple & Ethereum – Asian Wrap 06 May
FXStreet TeamFXStreet TeamFXStreet

Bitcoin Price Analysis: BTC/USD falls below $9,000, can bears break below critical support level?

BTC/USD dropped from $9,029.73 to $8,986, falling below the critical $9,000 psychological level in the process. On the downside, key support lies at $8,980, which needs to hold steady. This level has the 4-hour SMA 5, one-day SMA 5, one-hour SMA 10, 15-min SMA 50 and 15-min SMA 50.

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Ripple Price Analysis: XRP/USD starts to consolidate above $0.2150

The entire cryptocurrency market is in the red amid widespread correction from the gains posted on Tuesday. Ripple has not been spared as it records 0.16% losses on the day. Generally, bears have had the upper hand since the week started. The lethargic bullish momentum took over as Ripple failed to break the resistance at $0.2350 during the recovery in April.

Ethereum Price Analysis: ETH/USD struggle to secure $200 support continues

Ethereum price is facing intense selling pressure after the recovery on Tuesday failed to sustain gains above $212. Sellers are forcing Ethereum towards the critical $200 level. However, an intraday low has been reached at $202 (functions as a short term support area).

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Starknet unveils strkBTC, shielded Bitcoin transactions on Ethereum Layer 2

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Starknet, the Ethereum Layer 2 network developed by StarkWare, today announced strkBTC, a wrapped Bitcoin asset that introduces optional shielding while preserving full DeFi composability.

Bitcoin, Ethereum, and Ripple consolidate with short-term cautious bullish bias

Bitcoin, Ethereum, and Ripple consolidate with short-term cautious bullish bias

Bitcoin, Ethereum and Ripple are consolidating near key technical areas on Friday, showing mild signs of stabilization after recent volatility. BTC holds above $67,000 despite mild losses so far this week, while ETH hovers around $2,000 after a rejection near its upper consolidation boundary.

Ethereum Price Forecast: FG Nexus continues distribution amid signs of returning risk-on sentiment

Ethereum Price Forecast: FG Nexus continues distribution amid signs of returning risk-on sentiment

FG Nexus, once dubbed an Ethereum treasury firm, resumed offloading the top altcoin on Wednesday, distributing 7,550 ETH, according to data from smart money tracker EmberCN.

Top Crypto Gainers: Stable and Decred rally, Pippin approaches record highs

Top Crypto Gainers: Stable and Decred rally, Pippin approaches record highs

Altcoins, such as Stable, Decred, and Pippin, are extending gains so far this week, defying the risk-averse conditions in the broader cryptocurrency market. Stable and Pippin are near record high levels, while Decred extends its breakout rally above $30.

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.

Bitcoin: No recovery in sight

Bitcoin: No recovery in sight

Bitcoin (BTC) price continues to trade within a range-bound zone, hovering around $67,000 at the time of writing on Friday, and falling slightly so far this week, with no signs of recovery.