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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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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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Bitcoin: BTC steadies as data suggests local bottom

Bitcoin (BTC) hovers around $91,000 at the time of writing on Friday, extending its recovery by 5% so far this week. On the institutional front, a modest outflow from US-listed spot Bitcoin Exchange Traded Funds (ETFs) marks a slowdown from previous weeks and signals a reduction in selling pressure, further supporting BTC’s recovery.