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Cryptocurrencies price prediction: Bitcoin, Ripple & Litecoin - Asian Wrap 13 Sept

Bitcoin price prediction: Two healthy resistance levels block BTC/USD from re-entering $10,500 zone

Bitcoin has had a bearish start to Friday following two bullish days in a row. BTC/USD has fallen from $10,435 to $10,378.50. The bulls ran out of steam as they failed to negotiate with the resistance at $10,500. 

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Ripple market update: XRP/USD slightly up-trending market lacks strength

Ripple has remained relatively unchanged over the last few days. The upside has become a no-go zone with resistance impenetrable resistance barriers. A lower high pattern has been the norm under the visible descending resistance.

LTC/USD: Litecoin is coming up to a support zone

Litecoin is still in a sideways consolidation phase but we are coming up to a trendline and a positive break could mean there is some upside potential. There has been a series of consecutive lower highs and lower lows but for the downtrend to continue 68.22 will need to be broken.

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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.

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Ripple extends gains as cooling signs in US inflation mount

Ripple (XRP) holds above support reclaimed at $1.10 at the time of writing on Wednesday, extending its rally after the US Producer Price Index (PPI) data for June showed that price pressures in the world’s largest economy are cooling.

Crypto Today: Bitcoin, Ethereum, XRP stall after US CPI-driven mild rally

The cryptocurrency market pauses on Wednesday, following a brief, macro-driven rally the previous day. Bitcoin (BTC) is consolidating above $64,500, signaling waning bullish momentum and increased profit-taking as sellers emerge.

Chainlink holds gains as bullish momentum builds

Chainlink (LINK) price edges higher on Wednesday, holding its 5% gains from the previous day. Retail speculative demand for LINK is rising, with its futures Open Interest up 6% over the past 24 hours.

Bitcoin approaches technical pivot as soft US CPI aids recovery

Bitcoin (BTC) is near the key technical resistance zone around $65,160 on Wednesday as softer-than-expected US inflation data improves risk sentiment across the crypto market.

Bitcoin: Strategy sells, the market doesn’t care
Bitcoin (BTC) reclaims $64,000 on Friday, extending a modest recovery while holding firmly above the key technical support zone so far this week. Mixed spot Exchange Traded Funds (ETFs) flows through Thursday reflect cautious institutional positioning. Meanwhile, traders have digested headlines about Strategy’s recent Bitcoin sale, highlighting the Crypto King’s resilience and deep liquidity.