Cryptocurrencies Price Prediction: Bitcoin, SafeMoon & Ripple – American Wrap 10 June

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Top 3 Price Prediction Bitcoin, Ethereum, Ripple: JPMorgan warns of BTC bear market as backwardation mirrors 2018

Bitcoin price closed yesterday up 11.98%, the largest daily return since February 8 when it broke out from a multi-week cup base. Ethereum price continues to hover below the 50-day simple moving average (SMA) with no convincing price action to forecast a better outlook for the smart contracts giant. XRP price cultivates no price traction after triggering a bullish hammer candlestick pattern.

SafeMoon price frustrated by security concerns, as SAFEMOON seeks 40% rally

Safemoon price in the early days was buoyed by the phenomenon of FOMO, fear of mission out, but in and May and June, the digital asset enthusiasm has tapered. The descending channel has offered swing trade opportunities. Still, larger SAFEMOON gains cannot be entertained until a conclusive rise above the channel’s upper trend line and May's declining trend line.

XRP Price Prediction: Ripple bulls respite to end with blast off to $0.98

XRP price saw a healthy run-up after bleeding excessively over the past three weeks. Investors seem to be booking profits, which has stifled the recent run-up. If this continues, Ripple could bounce off two crucial support levels and restart its uptrend.

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Ripple struggles build momentum amid subdued investor interest

Ripple (XRP) is retracing toward its nearest technical support level of $1.10 as of Thursday. The remittance token has taken a breather after the macro-driven rally earlier in the week.

Crypto Today: Bitcoin, Ethereum, XRP run into resistance as retail buying cools

Bitcoin retreats toward support at $64,000. Ethereum hovers below $1,800, with its upside seemingly limited, following a macro-driven rally. Meanwhile, Ripple sits on top of the reclaimed $1.10 support.

Bitcoin pauses recovery as geopolitical tensions outweigh cooling inflation

Bitcoin slips below $64,000 at the time of writing on Thursday after failing to close above the 50-day EMA near $65,120 the previous day. Institutional demand shows mild improvement, with spot Exchange Traded Funds (ETFs) recording a second consecutive day of inflows this week.

Pyth Network gains momentum amid extended Coinbase support

Pyth Network (PYTH) recovers nearly 5% on Thursday, approaching the $0.05000 psychological mark. The Wednesday release of SK Hynix and Lumentum perpetual futures on Coinbase, powered by Pyth Network, lifts retail demand.

Bitcoin: Strategy sells, the market doesn’t care

Bitcoin (BTC) reclaims $64,000 on Friday, extending a modest recovery while holding firmly above the key technical support zone so far this week. Mixed spot Exchange Traded Funds (ETFs) flows through Thursday reflect cautious institutional positioning. Meanwhile, traders have digested headlines about Strategy’s recent Bitcoin sale, highlighting the Crypto King’s resilience and deep liquidity.