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Cryptocurrencies Price Prediction: Bitcoin, Ripple, & Stellar Lumens – Asian Wrap 10 Jul

Cryptocurrencies Price Prediction: Bitcoin, Ripple, & Stellar Lumens – Asian Wrap 10 Jul
FXStreet TeamFXStreet TeamFXStreet

Bitcoin Price Forecast: BTC/USD movement limited by strong support and resistance levels

BTC/USD went down from $9,236.72 to $9,216.61 in the early hours of Friday. The price is sandwiched between strong support and resistance levels at $9,300 and $9,200, respectively. The $9,300 resistance level has the 15-min Previous High.

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Ripple Price Analysis: XRP/USD consolidates above $0.2–level following bearish price action

XRP/USD fell from $0.2052 to $0.2025 as the bears stepped in to correct the market following a heavily bullish Wednesday. the Elliott Oscillator shows nine straight green sessions, while the RSI has dropped below the overbought zone, following a brief flirtation.

Stellar Price Analysis: XLM/USD bears look to negate Thursday's gains

XLM dropped from $0.0906 to $0.0868 so far this Friday as the bears took control following four consecutive bullish sessions. The price has dropped below the $0.09-level and is looking to fall back inside the 20-day Bollinger Band.

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

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Bitcoin: BTC steadies as data suggests local bottom

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.