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Cryptocurrencies Price Prediction: Cardano, Bitcoin & Ripple — Asian Wrap 10 Sep

Cryptocurrencies Price Prediction: Cardano, Bitcoin & Ripple — Asian Wrap 10 Sep
FXStreet TeamFXStreet TeamFXStreet

Cardano Price Prediction: ADA recovery could yield 10% gains

Cardano price is currently in a recovery phase but is currently hovering around a key barrier. A decisive close above this level could trigger an upswing, but a failure to do so might kick-start a downtrend. Cardano price rose 15% from September 8 swing to where it is currently trading, $2.55. However, the resistance barrier at $2.55 is crucial and will help ADA decide directional bias.

Analysts expect an impulsive Bitcoin bounce despite market-wide fear

Fear and Greed index indicates fear, but analysts expect Bitcoin to rally in the next major move. Bitcoin address activity has declined following a pullback in the asset as traders wait for a bullish reversal. Analyst expects an impulsive bounce to follow the recent consolidation in the top cryptocurrency.

XRP price holds above stiff support, which may catapult prices by 30%

Ripple (XRP) had a violent dip on September 7, affected by big risk-off events with Bitcoin and global markets. Price action calmed down significantly on Wednesday as the dust settled, and market participants are redoing their homework on Ripple's opportunities. 

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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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Ripple slips below $1.30 as sellers tighten grip

Ripple slips below $1.30 as sellers tighten grip

Ripple (XRP) hovers below $1.30 on Tuesday, held down by a weakening technical structure. The broader crypto market remains bearish ahead of the Federal Reserve’s (Fed) October 28 monetary decision.

Crypto Today: Bitcoin, Ethereum, XRP tick lower amid mixed ETF flows

Crypto Today: Bitcoin, Ethereum, XRP tick lower amid mixed ETF flows

Bitcoin is trading above $81,000 on Tuesday, aligning with a lethargic tone in the broader cryptocurrency market. Altcoins, including Ethereum and Ripple, reflect Bitcoin’s lock-step price action, trading below $2,400 and $1.30, respectively.

Pi Network extends losses as social interest declines

Pi Network extends losses as social interest declines

Pi Network (PI) is down nearly 2% on Tuesday, extending the previous day’s losses and risking an extended decline toward its record low of $0.0704. PI token’s social dominance score is down to a six-month low, suggesting reduced social interest.

NEAR Protocol Price Forecast: Mild correction persists despite resilient ETF inflows

NEAR Protocol Price Forecast: Mild correction persists despite resilient ETF inflows

NEAR Protocol (NEAR) price is down nearly 2% on Tuesday, mirroring its 2% decline from the previous day. Institutional demand remains firm, with Bitwise’s NEAR-focused Exchange Traded Fund (ETF) recording over $5 million in inflows on Monday.

Bitcoin: Macroeconomic headwinds, cooling demand cap BTC gains

Bitcoin: Macroeconomic headwinds, cooling demand cap BTC gains

Bitcoin (BTC) extends losses this week, trading below $82,500 as of Friday as selling pressure continues. Weakening institutional demand supports this pullback as BTC spot Exchange-Traded Funds (ETFs) are on track to record a two-week withdrawal streak, reaching $146.19 million in net outflows through Thursday.