Cryptocurrencies Price Prediction: Bitcoin, Titan and Ripple – European Wrap 17 June


Top 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC contemplates breakout, while altcoins promptly follow

Bitcoin price rose from the range low to nearly tagging the swing high this week. However, the impulsive move reversed and is now heading toward the midway point. Ethereum and Ripple are following in BTC’s footsteps and are expected to head lower.

 

BTC/USDT 4-hour chart

This DeFi coin went from $65 to $0 in just a few hours

The fallout of TITAN token tracks back to Iron Finance and its multi-chain, partially collateralized stablecoin – IRON. While the mishap cost investors millions of dollars, the team has yet to comment on what transpired.

 

IRON price chart

XRP price fears 30% correction as Ripple shows minimal strength

XRP price has continued to print lower highs following the top signal recorded on May 18. Ripple price action has lacked conviction and is met with indecision as the asset appears to be trading within a bearish pattern. 

XRP/USDt 12-hour chart

 

 

 

 

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PBoC imposes ban on crypto trading as it fosters ‘illegal financial activity’

China’s central bank cracks down on illegal financial activities from overseas cryptocurrency exchanges. The recent announcement marks the People’s Bank of China's (PBoC) strongest move against cryptocurrency mining and trading to date. 

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Bitcoin Weekly Forecast: Markets revert to mean, but BTC price remains indecisive

Bitcoin price shows considerable strength after springing from the recent crashes. Still, it is uncertain whether the current bullish impulse will morph into a new uptrend or lead to a more profound decline.

Read the weekly forecast

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