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Cryptocurrencies Price Prediction: Chainlink, Quant & Bitcoin – Asian Wrap 25 September

Chainlink Price Forecast: Extends rally on rising ETF inflows, bullish derivatives and Infosys deal

Chainlink (LINK) extends its gains, trading above $13.40 at the time of writing on Friday and up more than 7% so far this week. Three key factors support the bullish price action: strengthening institutional demand, improving derivatives positioning and expanding strategic partnerships. If these trends persist, LINK could extend its ongoing rally.

Quant Price Forecast: QNT price rally hits annual high on securing US tokenized deposit settlements

Quant (QNT) emerges as the best-performing crypto asset over the last 24 hours, with nearly 30% gains following its partnership to handle tokenized deposits across US financial institutions. The technical outlook for Quant indicates a strong rally likely to reclaim the $100 milestone.

Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC reclaims $84,000, ETH heads toward recent highs, XRP extends rebound

Bitcoin price trades at $84,631 on Friday, retaining a bullish near-term bias as it holds well above the 50-day, 100-day and 200-day Exponential Moving Averages (EMAs) clustered between roughly $73,300 and $76,400. The Relative Strength Index (RSI) at 65 stays in positive territory without being overbought, while the Moving Average Convergence Divergence (MACD) remains in positive territory with the signal line above zero, hinting that upside momentum is still constructive even after the recent surge.

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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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Bitcoin hits lowest weekly close since August as short-term holders slip into losses

Bitcoin fell below $75,000 on Tuesday, after recording its lowest weekly close since August as selling pressure pushed recent buyers into losses. Short-term holders are approaching their break-even levels, while realized losses have increased relative to profits, according to Monday’s Glassnode Market Pulse.

NEAR Protocol Price Forecast: NEAR risks further decline as bearish signals mount

NEAR Protocol shows resilience above $3.50 on Tuesday, following the previous day’s rebound from the $3.40 support level. Muted institutional investor interest and a steady decline in retail demand, along with a negative Coinbase premium and outflows from NEAR futures, weigh on the AI token.

Ripple and Stellar outlook: XRP and XLM extend losses as bears hold strong

Ripple and Stellar remain under pressure, trading below $1.093 and around $0.146 respectively on Tuesday as bears maintain control of momentum. In addition, weakening on-chain and derivatives metrics suggest that both XRP and XLM are at risk of a deeper correction in the coming days. CryptoQuant’s summary data shows a bearish outlook for both altcoins.

Ripple and Stellar outlook: XRP and XLM extend losses as bears hold strong
Ripple (XRP) and Stellar (XLM) remain under pressure, trading below $1.093 and around $0.146 respectively on Tuesday as bears maintain control of momentum. In addition, weakening on-chain and derivatives metrics suggest that both XRP and XLM are at risk of a deeper correction in the coming days. CryptoQuant’s summary data shows a bearish outlook for both altcoins.
Bitcoin: Bears tighten grip as BTC eyes fifth weekly loss
Bitcoin (BTC) remains under pressure, down over 3% this week, trading near $75,500 on Friday and heading for its fifth straight weekly loss. Persistent outflows from US-listed BTC spot Exchange Traded Funds (ETFs), a sharp sell-off in US technology stocks, and rising market liquidations are weighing on sentiment and limiting Crypto King’s recovery attempts.