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Cryptocurrencies Price Prediction: Bitcoin, Ripple & Ethereum – Asian Wrap 07 Sep

Cryptocurrencies Price Prediction: Bitcoin, Ripple & Ethereum – Asian Wrap 07 Sep
FXStreet TeamFXStreet TeamFXStreet

Bitcoin Price Prediction: BTC in consolidation but soon to resume uptrend to $11,000 – On-chain Analysis

The flagship cryptocurrency traded above $10,000 the weekend over, but again, not much action was encountered to the upside. Support at $10,000 remained intact, and so did the resistance at $10,400. At the moment, Bitcoin is trading at $10,233 after losing a subtle 0.21% of its value on the day. 

Ripple Price Analysis: XRP/USD reached the inflection point at $0.23

Ripple's XRP is changing hands at $0.2323. The fourth-largest digital asset has lost over 2% since the start of the day and 8% on a day-to-day basis. The bearish sentiments triggered by BTC sell-off and panic in a DeFi sector. However, several technical factors increased the pressure on XRP and brought it to the inflection point. Let's have a closer look at what may be in store for the Ripple's token.

Ethereum Price Update: ETH/USD to struggle on approach to $400

Ethereum (ETH) hit the recent low of $311 on September 5 and recovered above the local resistance of $340 by the time of writing. The second-largest digital asset has gained nearly 4% both on a day-to-day basis and since the beginning of the day, moving within the short-term bullish trend with low volatility.

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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 ticks up as buyers re-engage

Ripple ticks up as buyers re-engage

Ripple trends higher at the time of writing on Thursday, trading above $1.12. The cross-border remittance token seeks to erase a persistent downtrend that has weighed on the price since mid-May, as investors navigated geopolitical tensions in the Middle East.

Crypto Today: Bitcoin, Ethereum, XRP rebound broadens despite continued US-Iran strikes

Crypto Today: Bitcoin, Ethereum, XRP rebound broadens despite continued US-Iran strikes

Bitcoin steadies its recovery on Thursday, edging higher toward $63,000 despite incessant capital outflows. Meanwhile, altcoins, including Ethereum and Ripple, exhibit subtle rebound signs, trading above $1,650 and $1.12, respectively.

Bitcoin stages modest rebound ahead of US PPI data

Bitcoin stages modest rebound ahead of US PPI data

Bitcoin recovers slightly, trading above $62,500 on Thursday after three consecutive days of losses. US-listed spot ETFs recorded outflows of $213.85 million on Wednesday, indicating persistent withdrawals amid renewed US-Iran tensions.

Pi Network: Recovery at risk with 16 million PI tokens ready for unlock

Pi Network: Recovery at risk with 16 million PI tokens ready for unlock

Pi Network edges higher on Thursday after three days of consecutive losses earlier this week, extending the prevailing downtrend since late April. The scheduled unlocking of 16 million PI tokens on Thursday could add pressure to the intraday recovery.

Bitcoin: After the bloodbath, everyone looks at $60,000

Bitcoin: After the bloodbath, everyone looks at $60,000

Bitcoin (BTC) hovers above $62,000 at the time of writing on Friday, weighed down by growing risk-off sentiment due to persistent geopolitical tensions in the Middle East and sticky macroeconomic uncertainty. The institutional sell-off continued to wreak havoc on capital flows, with spot Bitcoin Exchange-Traded Funds (ETFs) recording billions in outflows.