Cryptocurrencies Price Prediction: Chainlink, Crypto.com & Bitcoin – American Wrap 31 March

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Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Crypto search for support with global markets on the back foot

Bitcoin price, Ethereum and other cryptocurrencies are currently just off the highs of March and looking solid on positive news and a breakthrough in the peace talks between Russia and Ukraine. But sentiment has shifted during the European session on Wednesday, following data showing inflation in some countries in the eurozone approaching double digits, and this has pulled markets' attention back to the problem of rising price pressures. With EURUSD off the lows, and equity markets tanking, a significant tailwind that was helping cryptocurrencies could be set to fade and even turn into a headwind, as cold water is dampening any further beliefs of a truce or peace deal.

Crypto.com price could double in the next few weeks

Crypto.com price is currently at the midway point in completing a bullish setup. Therefore, market participants can expect massive returns for this token even before a breakout!

Chainlink price could hit a brick wall on fears over Ukraine-Russia peace talks

Chainlink (LINK) price is still increasing, although most markets have been put on the back foot a bit in a slight change of sentiment overnight. Global markets took a step back as investors realised no real breakthrough had been made in the peace process, and after EU inflation numbers were seen running out of control. Whereas on Tuesday markets perceived that tail risks were diminishing, they now seem only to have got bigger and are weighing more on price action.

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Uniswap Price Forecast: UNI tests 200-day EMA supply amid renewed retail demand

Uniswap (UNI) edges higher near an immediate resistance at $3.88 on Tuesday. The native decentralized exchange (DEX) token is defying a broader correction in the cryptocurrency market, even as Bitcoin (BTC) falls toward $63,000 from its July highs around $67,000.

XRP slides amid risk-averse pressure and ahead of Fed rate decision

Ripple (XRP) continues to trade under increasing pressure on Tuesday. This marks the second consecutive day of declines, reflecting broader risk-off sentiment as investors appear to shift gears in anticipation of the Federal Reserve (Fed) interest rate decision. On Wednesday, the Federal Open Market Committee (FOMC) is widely expected to leave interest rates unchanged in the 3.50%-3.75% range.

Crypto Today: Bitcoin, Ethereum, XRP remain under pressure as risk-off sentiment persists

Bitcoin (BTC) is falling toward the immediate $63,000 support at the time of writing on Tuesday, weighed down by continued risk-off sentiment. Altcoins, including Ethereum (ETH) and Ripple (XRP), remain under pressure, trading below $1,900 and $1.10, respectively. Crypto market sentiment remains largely unresponsive and in the Fear territory, as reflected in the Fear & Greed Index.

Bitcoin price prediction: Is $60K back in focus as headwinds mount?

Bitcoin is falling towards 63k, at a 10-day low, as a sell-off in AI-linked stocks has hit risk sentiment, spilling over into cryptocurrencies and as investors look cautiously ahead to tomorrow's FOMC rate decision. Bitcoin is down 2.7% over the past 24 hours and more than 4% over the past seven days as it extends its pullback from 67k the July high reached last week.

Bitcoin: BTC holds firm, but the $100 Oil threat could change the game

Bitcoin (BTC) is modestly recovering, trading at $65,400 on Friday and holding firmly above the key support zone. US-listed spot Bitcoin Exchange Traded Funds (ETFs) supported BTC’s modest recovery as they continued to attract institutional inflows through Thursday, pointing to the third consecutive week of inflows.