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Cryptocurrencies Price Prediction: Bitcoin, Ripple & Ethereum — Asian Wrap 18 December

FXStreet Team FXStreet

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC, ETH and XRP show signs of short-term correction

Bitcoin (BTC) price edges slightly down during the Asian session on Wednesday. Ethereum (ETH) and Ripple (XRP) followed BTC’s footsteps and declined slightly; all coins’ technical indicators and price action suggest a possible short-term correction on the cards.

Ripple investors book $1.5 billion in profits after RLUSD launch, XRP struggles near $2.58 resistance

Ripple (XRP) is up 3% on Wednesday after witnessing significant profit-taking among its investors following the launch of the RLUSD stablecoin. Whales have soaked up the selling pressure from profit-takers as XRP struggles near the $2.58 resistance level.

Ethereum Price Forecast: RWA tokenization could boost ETH's price in 2025, Bitwise

Ethereum (ETH) is down 3% on Tuesday following Bitwise predictions of increased RWA tokenization boosting appeal for the top altcoin. Meanwhile, large whales have continued accumulating ETH in the past month.

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FXStreet Team

FXStreet

Pepe Price Forecast: PEPE risks 100-day EMA fallout as bullish interest fades

Pepe is under extreme selling pressure, trading in the red for the fifth consecutive day, down 1% at press time on Friday. Pepe’s decline following a 72% hike last week suggests a likely profit-booking phase, while on-chain data indicates declining network activity.

Top 3 Price Prediction: Bitcoin, Ethereum, and Ripple find key support, reviving rally hopes

Bitcoin, Ethereum, and Ripple steadied above key support levels on Friday after being rejected at mid-week resistance zones. The short-term recovery prospects remain intact if the top three cryptocurrencies by market capitalization hold these support zones.

Top Crypto Gainers: JasmyCoin, Polygon, and Monero continue upward trajectory

JasmyCoin, Polygon, and Monero extend gains over the last 24 hours. JasmyCoin struggles to surpass its key psychological resistance, while Polygon and Monero extend their recovery. Still, the technical outlook for these coins remains mixed as the broader cryptocurrency market stalls.

XRP slides as institutional and retail demand falters

Ripple (XRP) is trading down for the third consecutive day on Thursday amid escalating volatility in the cyrptocurrency market. After peaking at $2.41 on Tuesday, its highest print since November 14 amid the early-year rally, XRP has quickly ran into aggressive profit-taking.

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Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.