Cryptocurrencies Price Prediction: Bitcoin, Ripple & Litecoin – European Wrap 11 June

FXStreet Team FXStreet

Bitcoin Market Update: FOMC decision inspired another BTC/USD growth attempt

BTC/USD made another attempt to break above $10,000 on late Wednesday and settled in a range $9,800-$9,900 during early Asian hours on Thursday. At the time of writing, BTC/USD is changing hands at $9.850 amid growing bearish pressure as on the intraday charts the price is reversing from the overbought territory. Despite the retreat, BTC/USD has gained nearly 1.5% since this time on Wednesday and moved above the former local resistance of $9,800 that now serves as a line of support.

Ripple Market Update: XRP/BTC breaks below critical support, more sell-off ahead

A prominent commodity trader and a long-standing XRP critic Peter Brandt believes that XRP is bound to crash agains BTC. In a recent tweet, he pointed out that Ripple Lab, the company behind the digital coin, destroyed the foundation that supported the coin against BTC.

Litecoin Market Analysis: LTC/USD finds support at $46.00 as Litecoin team releases major update

Litecoin (LTC) retreated from the intraday high at $46.97 and settled above $46.00 by press time; LTC/USD has stayed mostly unchanged on Thursday, and gained over 1% of its value, moving in sync with the market. Litecoin is the 7th largest digital asset with the current market value of $3.0 billion and an average daily trading volume of $2.0 billion.

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FXStreet Team

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Cardano Price Forecast: Bullish momentum persists as traders stay cautiously optimistic

Cardano (ADA) is trading slightly lower on Monday, finding support around the key technical level at $0.186. ADA pauses its gains at the start of this week after posting a massive 31% rally in the previous week.

Top 3 Price Prediction: BTC maintains recovery, ETH challenges 50-day EMA, XRP breaks higher

Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) began the week on a constructive note after surging over 6%, 13% and 10% in the previous week. BTC holds steady around $63,500, ETH approaches a key technical resistance at $1,800, while XRP has broken above the upper boundary of a falling channel, strengthening the bullish outlook.

Crypto Market Overview: Steady recovery in Bitcoin nears key resistance – PUMP and HYPE lead gains

Bitcoin steadies above $63,000 following a five-day recovery stretch last week, totaling roughly 7% gains. Easing risk-off sentiment in the broader market supports the mild recovery in action, with Pump.fun and Hyperliquid leading gains over the last 24 hours.

Bitcoin rebounds above $62K amid weak US jobs data, uncertainty among options traders

Bitcoin (BTC) rebounded after weaker-than-expected US labor market data eased expectations for tighter monetary policy. In a report on Friday, crypto asset manager CoinShares stated that the recovery does not yet signal the start of a sustained uptrend, as restrictive Federal Reserve (Fed) policy and lingering market headwinds weigh on sentiment.

Bitcoin: Quarter-end rebalancing might fuel BTC next bullish move

Bitcoin (BTC) is up over 3% so far this week, trading above $61,800 at the time of writing on Friday after slipping to a 21-month low earlier this week. Institutional selling continued, with spot Exchange Traded Funds (ETFs) recording net outflows of over $520 million through Thursday, pointing to the eighth consecutive week of withdrawals.