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Cryptocurrencies Price Prediction: Bitcoin, Ripple & Ethereum – Asian Wrap 14 May

Cryptocurrencies Price Prediction: Bitcoin, Ripple & Ethereum – Asian Wrap 14 May
FXStreet TeamFXStreet TeamFXStreet

Bitcoin Price Analysis: BTC/USD runs out of steam as it nears the $9,500 level

BTC/USD dropped a bit from $9,320 to $9,303 following a hugely bullish Wednesday. The Elliott Oscillator has had five straight red sessions, while the MACD shows sustained bearish momentum. The 20-day Bollinger jaw has narrowed, which indicates decreasing price volatility.

Ripple Price Analysis: XRP/USD pushes above $0.20, Ripple to launch new loan platform

Ripple price has embarked on a mission of breaking barriers. This follows a recent dip to May lows at $0.1750. Recovery ensued with XRP stepping above $0.20, however, it was not without struggle. XRP/USD is flirting with $0.2015 amid a developing bearish momentum. An intraday high has been achieved at $0.2029.

Ethereum Price Analysis: ETH/USD breaches $200 barrier, is $220 the next target?

The cryptocurrency market is slightly in the red during the Asian session. Prior to the losses, the coins in the market spiked above various key levels. For instance, Ethereum broke the weekly resistance at $200 while Bitcoin towered above $9,300 to the extent of testing the hurdle.

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XRP edges lower despite record on-chain activity and steady ETF inflows

XRP edges lower despite record on-chain activity and steady ETF inflows

Ripple is trading under pressure at the time of writing on Thursday, after bulls failed to break the short-term resistance at $2.22. The reversal may extend toward Monday’s low of $1.98, especially if risk-off sentiment persists in the broader cryptocurrency market.

Aster lags recovery as perpetual DEX releases new roadmap on infrastructure, utility and ecosystem 

Aster lags recovery as perpetual DEX releases new roadmap on infrastructure, utility and ecosystem 

Aster is consolidating above $1.05 at the time of writing on Thursday, reflecting lethargic sentiment in the broader cryptocurrency market. The token native to the perpetual Decentralised Exchange had recovered from Monday's low of $0.88 but stalled around $1.08 on Wednesday.

Hyperliquid Price Forecast: Bulls aim breakout as RSI and MACD flash buy signal

Hyperliquid Price Forecast: Bulls aim breakout as RSI and MACD flash buy signal

Hyperliquid struggles to surface above $35 as a local resistance trendline caps the two-day recovery run. Hyperliquid Strategies Inc. (PURR) transfered 12 million HYPE tokens to Hypercore and staked 425,000 tokens, which reflects confidence. 

Cardano builds recovery momentum as sentiment improves

Cardano builds recovery momentum as sentiment improves

Cardano is extending its recovery for the second consecutive day, trading at around $0.4400 at the time of writing on Thursday. If this recovery leg from Monday's $0.3707 level steadies in the coming days, Cardano bulls could push toward a bullish December.

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Bitcoin: BTC steadies as data suggests local bottom

Bitcoin: BTC steadies as data suggests local bottom

Bitcoin (BTC) hovers around $91,000 at the time of writing on Friday, extending its recovery by 5% so far this week. On the institutional front, a modest outflow from US-listed spot Bitcoin Exchange Traded Funds (ETFs) marks a slowdown from previous weeks and signals a reduction in selling pressure, further supporting BTC’s recovery.