TRENDING:
Trade War
XAU/USD
Silver
EUR/USD
GBP/USD
USD/CAD
AUD/USD
Sponsored by
Login
|

Cryptocurrencies price prediction: Bitcoin, Ripple & Ethereum - Asian Wrap 17 Jan

Cryptocurrencies price prediction: Bitcoin, Ripple & Ethereum - Asian Wrap 17 Jan
FXStreet TeamFXStreet TeamFXStreet

Bitcoin Price Prediction: Is $9,000 a distant pipe dream?

BTC/USD fell from $8,723 to $8,695 in the early hours of Friday, charting a third straight bearish day in the process. Currently, it looks like the bulls simply don’t have the momentum needed to break past the $9,000 zone.

fxsoriginal

Ripple Price Analysis: XRP/USD emerging bullish above the 61.8% Fibonacci level

The declines that have characterized the crypto market following the surge earlier this week are beginning to subside. It is evident in Ripple’s bounce off the immediate support at the 61.8% Fibonacci retracement level, taken between the last swing high of $0.2442 to a sing swing around $0.1856.

Ethereum Price Analysis: ETH/USD continues to consolidate around the $165-level

ETH/USD went up from $164.15 to $165.25 in the early hours of Friday, going back into the 20-day Bollinger Band. The price action of the last four days and the fact that the Relative Strength Index is trending horizontally at the edge of the overbought zone, both tell us that ETH/USD is currently going through a price consolidation period, around the $165-zone.

Author

FXStreet Team

More from FXStreet Team
Share:

Editor's Picks

Starknet unveils strkBTC, shielded Bitcoin transactions on Ethereum Layer 2

Starknet unveils strkBTC, shielded Bitcoin transactions on Ethereum Layer 2

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: Another month of losses, and it’s been five

Bitcoin: Another month of losses, and it’s been five

Bitcoin (BTC) price is stabilizing around $68,000 at the time of writing on Friday, but the Crypto King is poised to close February on a fragile footing, marking its fifth consecutive month of losses since October and a rare start to the year with back-to-back monthly corrections.