|

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

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.

BTC/USDT 1-day chart

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.

AXS/USDT 1-day chart

Author

FXStreet Team

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

More from FXStreet Team
Share:

Editor's Picks

Ripple eyes $1.50 breakout despite softening on-chain activity

XRP remains elevated near $1.45 after a sharp spike from the weekly low of $1.31. XRP retains a neutral-to-bullish technical outlook, supported by the RSI and uptrending moving averages.

Zcash Price Forecast: Rally hits nine-year high above $1,000 amid growing shielded demand

Zcash trades above $1,000 on Friday, building on its 16% gain from the previous day. On-chain data show a steady increase in shielded supply to 4.86 million ZEC tokens, pointing to growing demand for privacy.

Crypto’s $638 million buyback boom may not be as bullish as it looks

Decentralized Finance (DeFi) protocols reportedly spent $638 million to buy back their native tokens in August, up 17% from a year earlier. On the surface, the buyback trend suggests the cryptocurrency industry is maturing fast.

Crypto Today: Bitcoin, Ethereum, XRP recovery takes a breather amid capital inflows

Bitcoin corrects lower toward $80,000 after testing highs at $81,269, supported by $731 million in ETF inflows. Ethereum bulls push to regain momentum, with $2,500 providing immediate support.

Bitcoin: Gearing up for a sharp move
Bitcoin (BTC) is trading around $81,000 on Friday, up over 4% so far this week, and awaits a key catalyst that could determine its next directional move. Strong institutional demand is supporting the bullish price action, with spot BTC Exchange Traded Funds (ETFs) on track to record a third straight week of inflows.