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Cryptocurrencies Price Prediction: BSV, Ripple & Bitcoin – Asian Wrap 14 August

Cryptocurrencies Price Prediction: BSV, Ripple & Bitcoin – Asian Wrap 14 August
FXStreet TeamFXStreet TeamFXStreet

Bitcoin SV Price Forecast: BSV hits three-month high, eyeing 200-day EMA breakout

Bitcoin SV (BSV) is up nearly 2% on Friday, extending a steady upward trend over the last two weeks. Retail strength builds in BSV amid multiple vulnerabilities found in the Bitcoin ecosystem. Bitcoin SV’s technical outlook is bullish as the price tests an upside breakout above the 200-day Exponential Moving Average (EMA) at $15.39.

Ripple Price Forecast: XRP holds $1 support as ETF inflows, whale accumulation fuel recovery hopes

Ripple (XRP) price holds near the key $1 psychological support level on Friday, signaling potential for a recovery. US-listed spot XRP Exchange Traded Funds (ETFs) support recovery as they continued to attract institutional flows through Thursday, pointing to the fifth consecutive week of net inflows. Whale accumulation and improving risk-reward suggest downside pressure is easing and offer hope for a recovery.

Crypto Overview: Bitcoin holds at $63,000 – Cosmos, Pump.fun lead gains

Bitcoin trades around $63,556 at press time on Friday, maintaining a bearish near-term tone, capped below the 50-day Exponential Moving Average (EMA) at $64,488 and well below the 200-day EMA at $72,432. From a technical perspective, price has breached an upward support trendline near $63,955, now acting as an overhead barrier.

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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.

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Ethereum Price Forecast: ETH on-chain signal remains weak even as mild retail distribution continues

Ethereum Price Forecast: ETH on-chain signal remains weak even as mild retail distribution continues

Ethereum continued to consolidate in the tight $1,800-$2,000 range amid weak signals across key on-chain metrics. ETH Exchange Netflow, which measures the difference between coins flowing in and out of exchanges, indicates mild dominance in selling activity after its 14-day moving average flipped positive.

Crypto Overview: Bitcoin holds at $63,000 – Cosmos, Pump.fun lead gains

Crypto Overview: Bitcoin holds at $63,000 – Cosmos, Pump.fun lead gains

Bitcoin hovers around $63,000 as the broader crypto market maintains a risk-off sentiment. Rising against the tide, Cosmos and Pump.fun are leading gains over the last 24 hours, emerging as top performers. CoinMarketCap’s Fear and Greed Index at 37 on Friday flattens below the neutral zone, indicating persistent mildly risk-averse conditions.

Top 3 Price Prediction: BTC holds strong, ETH on the verge of breakout, XRP signals recovery

Top 3 Price Prediction: BTC holds strong, ETH on the verge of breakout, XRP signals recovery

Bitcoin, Ethereum, and Ripple show signs of recovery after a correction earlier this week. BTC finds support around the key $63,300 level, ETH continues to trade sideways, while XRP holds strong above the $1.00 psychological level. The price action of the top three cryptocurrencies suggests a short-term rebound if these key levels continue to hold.

SharpLink to stake $200 million in Ethereum through Lido

SharpLink to stake $200 million in Ethereum through Lido

SharpLink Gaming (SBET) announced plans to stake $200 million in Ethereum (ETH) through Lido as part of its strategy to generate returns from its ETH treasury, according to a Thursday announcement. The allocation will be converted into wrapped staked ETH (wstETH), which represents staked Ethereum and the associated staking rewards.
Bitcoin: Can bulls weather the market uncertainty?

Bitcoin: Can bulls weather the market uncertainty?

Bitcoin (BTC) remains resilient, trading above $65,000 on Friday, with bulls defending key support despite cautious market sentiment. US-listed spot Bitcoin Exchange-Traded Funds (ETFs) showed strong inflows through Thursday, pointing to renewed institutional demand.