TRENDING:
Oil price
XAU/USD
EUR/USD
Trade War
GBP/USD
Silver
Sponsored by
Login
|

Cryptocurrencies Price Prediction: Bitcoin, Ripple, & Ethereum – Asian Wrap 26 Jun

Cryptocurrencies Price Prediction: Bitcoin, Ripple, & Ethereum – Asian Wrap 26 Jun
FXStreet TeamFXStreet TeamFXStreet

Bitcoin Price Forecast: BTC/USD continues freefall as bears remain in control for the fourth straight day

BTC/USD bears remained in control for the fourth straight day as the price fell from $9,239.79 to $9,184 in the early hours of Friday. Ever since Tuesday, the price has dropped by more than 5%. The Elliott Oscillator has had three straight red sessions, while the RSI continues to trend comfortably in the neutral zone.

Ripple Price Analysis: XRP/USD bulls come back following three straight bearish days

XRP/USD has gone up from $0.1815 to $0.1824 in the early hours of Friday, following three straight bearish days. This Thursday, the price dipped below the green Ichimoku cloud and is currently looking to re-enter it. The MACD has had 16 consecutive red sessions, indicating that market momentum is entirely bearish.

Ethereum Price Forecast: ETH/USD settles above $230; is $250 still possible before the end of June?

Ethereum suffered greatly at the hands of the bears in the last couple of days. The second-largest cryptocurrency made a run for $250. However, due to an increase and the frequency of the selling pressure at the level, ETH/USD spiraled massively. Bulls were only able to catch their breath at $227, owing to the buying pressure at the 50-day SMA ($223.33).

Author

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.

More from FXStreet Team
Share:

Editor's Picks

Crypto Today: Bitcoin, Ethereum, XRP stay under pressure as investors turn more risk-averse

Crypto Today: Bitcoin, Ethereum, XRP stay under pressure as investors turn more risk-averse

The cryptocurrency market trades under intense headwinds on Wednesday, led by Bitcoin’s (BTC) deepening sell-off below $60,000. The Crypto King hovers above $58,000.

Pi Network holds on thin ice with 76 million tokens ready to be unlocked

Pi Network holds on thin ice with 76 million tokens ready to be unlocked

PI is holding steady around $0.1150 on Wednesday, stabilizing after three consecutive days of losses of around 10%. Pi remains under pressure, with more than 76 million tokens scheduled for unlocking in June, potentially accelerating the bearish trend.

Bitcoin sinks to 21-month low amid ETF outflows, US-Iran peace uncertainty

Bitcoin sinks to 21-month low amid ETF outflows, US-Iran peace uncertainty

Bitcoin stabilizes around $59,000 after falling to a 21-month low of $57,800 on Wednesday. Geopolitical uncertainty remains elevated after Iran ruled out talks with US envoys, clouding prospects for a peace agreement and keeping risk sentiment fragile.

Jupiter positions for a trend reversal as network activity picks up

Jupiter positions for a trend reversal as network activity picks up

Jupiter is up 6% on Wednesday, crossing above its 200-day EMA at $0.2192. Network data shows a spike in monthly revenue and fees in June to a three-month high.

Bitcoin: BTC hits 20-month low, will the pain continue?

Bitcoin: BTC hits 20-month low, will the pain continue?

Bitcoin has remained under pressure this past week, losing over 5% as traders assess mixed signals from different parties involved in the Middle East conflict.