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Cryptocurrencies Price Prediction: Bitcoin,Ripple & Terra– American Wrap 24 April

Cryptocurrencies Price Prediction: Bitcoin,Ripple & Terra– American Wrap 24 April
FXStreet TeamFXStreet TeamFXStreet

Gold dipping below $2,000 may have a lot to do with Bitcoin price crashing by 10%

Bitcoin (BTC) price has been compared to Gold (XAU) for a very long time, and time and again, the cryptocurrency has delivered. Recently, BTC regained the correlation it once shared with the precious metal before its mutuality with the stock market increased, and that may not have been for the best.

XAU/USD 1-day chart

Ripple (XRP) price has bulls gearing up on Monday to outweigh the bears in the current price action. XRP has been showing that its price action is being underpinned by the 55-day Simple Moving Average (SMA) that is ascending, and higher lows confirm the bullish forces. Throw in that mix a Relative Strength Index (RSI) that is sub-50, and traders have the perfect setup for a 15% profitable trade.

XRP/USD  4H-chart    
Terra ecosystem’s LUNA token, now rebranded as LUNC is not a security, according to regulators in South Korea. The authorities’ decision influenced LUNC holder community as traders are awaiting a recovery of their lost funds. 
 
LUNC/USDT 4H price chart

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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 risks losing the 50-day EMA support as exchange reserves rise

Ripple risks losing the 50-day EMA support as exchange reserves rise

Ripple sellers are gaining ground on Thursday, as the token slips below $1.40. Sell-side pressure remains intense in the broader crypto market, as seen with leading digital assets, including Bitcoin currently below $83,000 and Ethereum, sliding below $2,600.

Crypto Today: Bitcoin, Ethereum, XRP extend sell-off amid ETF outflows

Crypto Today: Bitcoin, Ethereum, XRP extend sell-off amid ETF outflows

Bitcoin extends its decline below $83,000 on Thursday as heightened selling pressure weighs on the market. Leading altcoins, including Ethereum and Ripple, mirror the sector-wide pullback, with ETH dipping under $2,600 and XRP challenging support at $1.40.

Top Altcoins Price Forecast: Ripple, Cardano, Solana – Sellers in control flag further downside risk

Top Altcoins Price Forecast: Ripple, Cardano, Solana – Sellers in control flag further downside risk

Top altcoins, including Ripple, Cardano, and Solana, are facing near-term selling pressure, extending losses so far this week. Ripple and Solana witness reduced institutional support, while Cardano follows suit.

Bitcoin slips below $83,000 amid ETF outflows, macro headwinds

Bitcoin slips below $83,000 amid ETF outflows, macro headwinds

Bitcoin extends its decline, trading below $83,000 on Thursday, correcting 4% so far this week. US-listed spot ETFs recorded $487.07 million in outflows on Wednesday, marking the highest single-day withdrawals since June 25.

Bitcoin: Is BTC setting up for an Uptober rally?

Bitcoin: Is BTC setting up for an Uptober rally?

Bitcoin (BTC) extends its gains, trading near $86,000 at the time of writing on Friday after closing September 6.33% up, reversing its seasonal weakness. Historical data suggest October could be a strong month for BTC, especially after a positive September.