Cryptocurrencies Price Prediction: Botcoin, Ripple and Axie Infinity – European Wrap 7 September

FXStreet Team FXStreet

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC remains strong while altcoins falter

Bitcoin price has been on a tear with its recent ascent. However, the same cannot be said for Ethereum, Ripple or other altcoins that are showing signs of a sell-off.

XRP drops 5% on high volume, but analysts aim for 120% gain

Despite dropping about 5% on September 7, XRP is rallying in the second leg of bull run led by Ethereum-killer projects, and analysts expect the altcoin to post over 120% gains in the current cycle.

Axie Infinity price fails to regain support, increasing risk of 18% pullback

Axie Infinity price showed incredible bullish momentum during July and August. Although September started out on a good note, things might be coming to an end for AXS.

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XRP extends recovery as on-chain activity grows

Ripple (XRP) ticks up and trades around $1.13 at the time of writing on Tuesday. This rebound aligns with a broader recovery in the cryptocurrency market, attributed to reports that mediators between the United States (US) and Iran are seeking a 10-day cessation of strikes to find a way back to the signed Memorandum of Understanding (MoU).

Ethereum Price Forecast: ETH continues July uptrend with 20% rise after triggering buy signal

Ethereum (ETH) has gained 3% on Tuesday, extending its July gains above 20% after key on-chain indicators highlighted a resumption of buying activity. The strong performance so far in July comes a few days after ETH triggered the Market Value to Realized Value (MVRV) Buy signal. ETH has been up by roughly 22% since the signal.

Chainlink becomes top 20 best performer, 3 reasons behind the move

Chainlink (LINK) has become the best-performing asset in the top 20 this week, leading every other major cryptocurrency. The cryptocurrency jumped 10.18% to $8.71, its highest level since early June. Three major factors explain the double-digit rise over the past week.

Crypto Today: Bitcoin, Ethereum, XRP extend rebound amid returning institutional capital inflows

Cryptocurrency prices extend a broad recovery, led by Bitcoin (BTC), trading above $66,000 at the time of writing on Tuesday. Ethereum (ETH) remains bullish above $1,940, after logging four straight days of gains. Meanwhile, Ripple (XRP) hovers around $1.13, building on the reclaimed $1.10 critical level.

Bitcoin’s potential recovery in the second half hinges on these 4 catalysts

Bitcoin (BTC) has fallen over 34% in the first half of this year as the King Crypto failed to capitalize on a good semester for risk assets despite the woes from the Iran war.