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Cryptocurrencies Price Prediction: Bitcoin, Ripple & Tezos – Asian Wrap 31 Dec

Cryptocurrencies Price Prediction: Bitcoin, Ripple & Tezos – Asian Wrap 31 Dec
FXStreet TeamFXStreet TeamFXStreet

Bitcoin Price Analysis: BTC refreshes record high, unstoppable bulls eye 30,000

BTC/USD remains directed to the north while refreshing the record top above 29,300, currently up 1.0% near 29,200, during the early Thursday’s trading.  The crypto earlier marked 28,373 as the all-time high following its upside break of an ascending trend line from November 30.

Ripple Price Analysis: Falling wedge near six-month low probes XRP bears below 0.2400

Having recently probed the intraday high near 0.2200, XRP/USD takes rounds to 0.2160, up 2.009% on a day, during the early Thursday. The crypto major recently gained bears’ attention as multiple buses shunned XRP trading. However, sellers seem to catch a breather following its drop to the lowest since June earlier in the week.

Tezos Price Prediction: XTZ primed to rebound if bulls can defend this crucial support level

Tezos has been trading above a crucial support level at $1.97 for the past 10 hours and so far bulls have defended it. The digital asset seems poised for a significant rebound unless the bears take over. Tezos has established an hourly ascending parallel channel and has defended the lower trendline support at $1.97 for the past 10 hours.

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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 Price Forecast: Sellers retain control as Evernorth Holdings files with SEC to buy more XRP

Ripple’s (XRP) correction on Monday is deepening below $1.30, reflecting growing headwinds in the broader cryptocurrency market. Based on the token’s technical picture, the path of least resistance could stay downward until the $1.30 supply area flips into support.

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Crypto Today: Bitcoin, Ethereum and XRP extend losing streak as bearish momentum builds

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Bitcoin extends pullback as ETF inflows clash with risk-off sentiment

Bitcoin remains under pressure, trading around $81,800 on Friday, recording modest losses so far this week. Despite a mild pullback, institutional demand showed signs of a comeback with spot Exchange Traded Funds recording $442.67 million in net inflows through Thursday.