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Cryptocurrencies Price Prediction: Chainlink, Ethereum & Bitcoin — Asian Wrap 28 September

Chainlink price might face a correction before it can climb back to 2023 highs

Chainlink price has performed exceptionally over the past couple of days, making room for profits for investors. However, further gains from here on would warrant a market cooldown before the rally can continue.

LINK/USD 1-day chart

Top 3 Price Prediction: Bitcoin, Ethereum, Ripple: BTC, ETH, XRP at catch 22 moment

Bitcoin (BTC) price is trying to lead the rest of the market i nto recovery. However, it faces a key obstacle, same case for Ethereum (ETH) and Ripple (XRP) positioning the top three cryptocurrencies in a muddle. 

Bitcoin longterm holders increase holdings as buyers who accumulated during bear market remain in profit

Bitcoin (BTC) price has recorded reduced volatility over the last few weeks, an action that has been attributed to the absence of a catalyst to drive some impulse in the market. Meanwhile, the market onlookers’ eyes remain peeled to the US Securities and Exchange Commission (SEC) with hopes of approval in the longstanding Bitcoin Spot Exchange-Traded Fund (ETF) applications.

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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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Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC under pressure, ETH trades sideways, XRP gravitates toward $1
Bitcoin (BTC) and Ethereum (ETH) remain under pressure on Friday after mild gains, while Ripple (XRP) slides over 5% so far this week. BTC faces rejection near a key resistance barrier, and ETH has been trading sideways for the last 22 days. Meanwhile, XRP is gravitating its correction toward the key $1 support zone.
Bitcoin: Bulls hold the line
Bitcoin (BTC) edges slightly lower, trading at $64,300 at the time of writing on Friday but holding firmly above a key support zone. US-listed spot Bitcoin Exchange Traded Funds (ETFs) support BTC as they continued to attract institutional flows through Thursday, pointing to the fourth consecutive week of net inflows.