Cryptocurrencies Price Prediction: Bitcoin SV, EOS & Kyber – American Wrap 6 June

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Bitcoin SV Technical Analysis: BSV/USD eyeing up $200 after a massive 22% price boost

Bitcoin SV is making a comeback after a ridiculous 22% breakout almost hitting $200 for the first time since June 11. Of course, BSV is currently inside a daily uptrend and above the 12-EMA and the 26-EMA.

EOS Technical Analysis: EOS/USD still facing resistance at $2.61 despite huge 8% increase in price

After holding two higher lows in a row at $2.3 and $2.32 respectively, EOS has now confirmed a daily uptrend. Buyers have pushed the digital asset above the 12-EMA and the 26-EMA which crossed bearishly on June 14.

Kyber Network Technical Analysis: KNC/USD eyeing up $2 again after a brief and healthy consolidation

Kyber Network has been outperforming basically the entire crypto market for the past month. On July 3, KNC/USD hit a new 2020-high at $2.05, a level not seen since May 2018. After two days of healthy consolidation, KNC bulls are back and eying up $2 again.

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Ripple Price Forecast: XRP recovery dims as demand cools

Ripple (XRP) maintains narrow range trading on Monday, with support at $1.10. The token's upside remains largely constrained, as major moving averages trend downward, aligning with low demand in both the institutional and retail markets.

Crypto Today: Bitcoin, Ethereum, XRP hold key support as US and Iran agree to halt strikes

Bitcoin (BTC) maintains a neutral-to-bullish outlook, trading above $65,000 on Monday. Ethereum (ETH) is approaching the key supply and inflection point $2,000, while Ripple (XRP) hovers slightly above $1.10, underscoring a marginal improvement in the broader cryptocurrency market sentiment.

Shiba Inu Price Forecast: The three factors driving SHIB's mystery rally

Shiba Inu (SHIB) price is down 3% on Monday, reflecting a potential profit-driven pullback after rising over 25% over the last two days. The mystery rally in SHIB has outpaced the minor recovery seen in other meme coins, with data suggesting it is linked to supply burns, the Korean market demand, and ecosystem expansion.

Bitcoin options traders are dropping their hedges going into the Fed meeting

Bitcoin's options market has turned notably less defensive over the past month, unwinding the downside protection traders built up in June just as the Federal Reserve prepares to meet.

Bitcoin: BTC holds firm, but the $100 Oil threat could change the game

Bitcoin (BTC) is modestly recovering, trading at $65,400 on Friday and holding firmly above the key support zone. US-listed spot Bitcoin Exchange Traded Funds (ETFs) supported BTC’s modest recovery as they continued to attract institutional inflows through Thursday, pointing to the third consecutive week of inflows.