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Cryptocurrencies price prediction: Bitcoin, Ripple & Ethereum Classic - Asian Wrap 03 Feb

Bitcoin Price Analysis: BTC/USD nurtures a massive potential breakout

Bitcoin sped through the weekend session nurturing a sideways action between the recent high at $9,616 and the most recent low at $9,140. All the minor bearish corrections were also contained above the accelerated trendline (dotted line).

Ripple Price Analysis: XRP/USD engages reverse gears, puts $0.25 on target

Ripple price rallied slightly over the weekend session, where it achieved a February high around $0.2622 (Fibo swing high). In spite of the bullish momentum witnessed across the weekend, XRP is having yet another drab start for the new week. 

Ethereum Classic Overview Market: ETC/USD pushes symmetrical triangle breakout towards $13.00

Ethereum Classic is among the biggest single-digit gainers on Monday towards the end of the Asian session. The price is 4.71% higher after the correction from $11.3732 (opening value) to $11.90 (market value). The intraday cryptocurrency live rates show ETC trading in a strong bullish trend and high volatility levels.

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Ripple faces persistent bear risks, shrugging off ETF inflows

Ripple is extending its decline for the second consecutive day, trading at $2.06 at the time of writing on Friday. Sentiment surrounding the cross-border remittance token continues to lag despite steady inflows into XRP spot ETFs. 

Luna Classic soars 20% as Do Kwon's sentence hearing looms

Luna Classic surges 20% on Friday, extending its recovery for the fourth consecutive day. Roughly 959 million tokens have been burned in December so far, fueling LUNC's recovery.

Crypto Today: Bitcoin, Ethereum, XRP pare gains despite increasing hopes of upcoming Fed rate cut

Bitcoin (BTC) is steadying above $91,000 at the time of writing on Friday. Resistance at $94,150 capped recovery on Wednesday, but in the meantime, bulls have contained downside risks above $90,000. 

Ethereum strengthens against BTC post-Fusaka, targeting $3,200 breakout

Ethereum trades above $3,100 on Friday, with bulls aiming for a breakout above a two-month-old resistance trendline. Ethereum gains strength against Bitcoin as demand for the major altcoin increases after the Fusaka upgrade.

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Crypto Today: Bitcoin, Ethereum, XRP pare gains despite increasing hopes of upcoming Fed rate cut

Bitcoin (BTC) is steadying above $91,000 at the time of writing on Friday. Resistance at $94,150 capped recovery on Wednesday, but in the meantime, bulls have contained downside risks above $90,000.