Cryptocurrencies Price Prediction: Bitcoin,Ripple & Terra — American Wrap 04 April

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Ripple price shows signs of imminent 20% upswing as fundamentals scream ‘Buy now'

Ripple (XRP) price has been going fast and hard in both directions this past trading week with a greater than 35% price swing from top to bottom in seven trading days. As XRP price dropped after heavy profit-taking, the price looks to be rebounding now. With clear technical support identified and the relative Strength Index (RSI) below 50, XRP’s charts are screaming to buy now before it hits $0.5852 again on the topside.

Why the fourth Bitcoin halving is not priced in: Analyst fights BTC FUD

Bitcoin network’s fourth halving is expected to occur in March 2024, this is when block rewards will be slashed in half from 6.25 BTC to 3.125 BTC. Analysts consider the current scenario, the macroeconomic outlook, US regulators’ sale of BTC and the regulatory crackdown as the “death spiral” of Bitcoin miner profitability and BTC price.

Terra Luna Classic price simmers as LUNC bulls attempt takeover

Terra Luna Classic (LUNC) price is finally moving in calm surroundings as traders are being met with a more stable price action behavior. LUNC sees its price action underpinned near $0.00012000, and that means some good news for bulls who venture to join in. With these trading conditions, a retest of April’s high is a sure thing, bearing a 5% gain and possibly more.

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FXStreet Team

FXStreet

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.

Ripple extends losses as derivatives interest cools

Ripple (XRP) extends its bearish roll near $1.12 support on Friday, reflecting intense headwinds in the broader crypto market largely attributable to macroeconomic pressure.

Crypto Today: Bitcoin, Ethereum, XRP weaken further as capital outflows persist

Macroeconomic headwinds continue to weigh heavily on the cryptocurrency market on Friday, prompting major assets like Bitcoin (BTC) to pare earlier gains and extend losses after June’s brief relief rally.

Bitcoin Weekly Forecast: Recovery hopes fade after the Fed spoils the party

Bitcoin is set to end the week in the red, trading near the 200-Week Simple Moving Average at around $62,300 on Friday. Institutional selling persists, capping BTC’s recovery as spot Exchange Traded Funds point to a sixth consecutive week of outflows.

Sui risks a deeper bearish leg despite on-chain resilience

Sui is down 2% on Friday, extending its decline toward the recent support leg formed at $0.6618. The Total Value Locked in the Sui ecosystem has stabilized around 600 million SUI tokens, reflecting resilient user demand.

Bitcoin: Recovery hopes fade after the Fed spoils the party

Bitcoin (BTC) is set to end the week in the red, trading near the 200-Week Simple Moving Average (SMA) at around $62,300 on Friday. Institutional selling persists, capping BTC’s recovery as spot Exchange Traded Funds (ETFs) point to a sixth consecutive week of outflows.