|

Cryptocurrencies Price Prediction: Bitcoin, SPX6900 & Ripple — Asian Wrap 1 August

Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – Bears set sight on $112K BTC, $3,500 ETH, $2.78 XRP

Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) price action are showing signs of weakness as bears gain control of the momentum. BTC and ETH close below their key support levels, while XRP hovers around a critical level, all hinting at potential downside moves in the near term.

SPX, VIRTUAL, PENDLE lead the fall amid Bitcoin’s third major profit booking

SPX6900 (SPX), Virtuals Protocol (VIRTUAL), and Pendle (PENDLE) are leading the broader cryptocurrency market pullback on Friday, underpinned by a major sell-off move in Bitcoin (BTC). SPX edges higher by nearly 1% at press time on Friday after four consecutive days of losses. The uptick holds the meme coin above its 50-day Exponential Moving Average (EMA) at $1.55. 

Ripple Price Prediction: XRP could accelerate losses below $3.00

Ripple (XRP) price is on the back foot, retracing slightly to trade at $3.09 on Thursday. An attempt to step above resistance at $3.32 failed, reflecting low demand retail and a shift in market sentiment, following Wednesday's United States (US) Federal Reserve (Fed) interest rate decision.

Author

More from FXStreet Team
Share:

Editor's Picks

XRP recovers slightly as bearish sentiment dominates crypto market

Ripple is rising above $1.40 at the time of writing on Monday amid fresh tariff-triggered headwinds in the broader cryptocurrency market. The sell-off to $1.33, the token’s intraday low, can be attributed to macroeconomic uncertainty, geopolitical tensions and risk-averse sentiment among other factors.

Crypto Today: Bitcoin, Ethereum, XRP intensify sell-off as tariff uncertainty weighs

Bitcoin, Ethereum and Ripple are trading amid increasing selling pressure at the time of writing on Monday, as investors react to fresh trade uncertainty over US President Donald Trump’s push for more tariffs.

Bitcoin slips below $65,000 as tariff, geopolitical jitters fuel risk-off sentiment

Bitcoin (BTC) is trading in red, testing the lower boundary of its recent consolidation range at $65,729 as of writing on Monday. The growing tariff uncertainty, along with rising geopolitical tensions, weighs on riskier assets such as BTC.

Pi Network slides further as key support comes into focus

Pi Network extends losses by 4% on Monday, after falling more than 6% last week. Pi Network’s first anniversary on Friday occurred as the token still flirts with all-time lows at $0.1300.

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.

Bitcoin: No recovery in sight

Bitcoin (BTC) price continues to trade within a range-bound zone, hovering around $67,000 at the time of writing on Friday, and falling slightly so far this week, with no signs of recovery.