Cryptocurrencies Price Prediction: Bitcoin, Tezos and Ripple – European Wrap 14 September

FXStreet Team FXStreet

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Bears overpower hopeful bulls, here’s what to expect next

Bitcoin price produced a steep correction after collecting the liquidity resting above Monday’s highs. Ethereum and Ripple also took massive hits as they accompanied BTC in its descent.

Tezos price at inflection point, as XTZ decides between a 16% rally and 13% crash

Tezos price has seen a massive sell-off over the last 24 hours, and the reason can be attributed to Bitcoin bears influencing the whole crypto market. Like XTZ, many altcoins have suffered a similar fate and now find themselves at crossroads – will they fall further or find their feet and attempt a recovery rally?

Ripple price slides as XRP traders get a harsh lesson on economics

Ripple (XRP) price was a textbook example on Tuesday of what can happen with a rally when traders try to pre-position and are convinced that a specific economic number will hold a surprise that only bring more profit to their trade. Of course, every economic data point that comes out holds a certain risk, especially if that data point is US inflation, which has been the keyword for most of 2022. The rise in inflation has poured cold water on long-positions and washed them out, with XRP price back below $0.3500, and more pain to come.

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XRP steadies above $1.90 support as fund inflows and retail demand rise

Ripple (XRP) is stable above support at $1.90 at the time of writing on Monday, after several attempts to break above the $2.00 hurdle failed to materialize last week. Meanwhile, institutional interest in the cross-border remittance token has remained steady.

Cardano struggles to extend gains as retail interest wanes despite Midnight's NIGHT token launch

Cardano ticks higher after a bearish weekend, struggling to extend an upcycle within a descending wedge pattern. On-chain data shows an increase in trading volume and user activity after the Midnight side chain token launch.

Crypto Today: Bitcoin, Ethereum recover as XRP remains supported by ETF inflows

Bitcoin is trending up toward the pivotal $90,000 level at the time of writing on Monday, which marks four consecutive days of gains. Altcoins, including Ethereum and Ripple, are also rebounding above key short-term support levels.

Bitcoin nears $90,000 as recovery hopes clash with institutional outflows

Bitcoin is approaching the $90,000 resistance level at the time of writing on Monday, raising hopes of a short-term recovery. However, the bullish recovery is being challenged by weakening institutional demand, as evidenced by outflows from Spot ETFs.

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Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.

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