Cryptocurrencies Price Prediction: Crypto, Render & Altcoins – European Wrap 3 June

FXStreet Team FXStreet

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Bitcoin’s momentum poise to propel crypto market

Bitcoin (BTC) price consolidates in a symmetrical triangle pattern, showing directional bias. Ripple (XRP) also follows BTC’s footsteps as it continues on its 50-day consolidation streak. Ethereum (ETH) price, on the other hand, shows signs of an incoming correction.

Render price could rally 20%, supported by Nvidia stock split

Render’s (RNDR) price could increase by around 20% propelled by the upcoming Nvidia (NVDA) stock split, according to technical and on-chain indicators. The AI-based altcoin is likely to face an initial pullback after struggling multiple times with daily resistance at $11.23 but falling to a key support area, the push from the AI narrative and bullish signs from large-wallet investors make it likely for RNDR to recover in the medium term.

Week Ahead: Altcoins likely to bounce due to short-term bullish wave

Last week was a bummer with Bitcoin (BTC) price consolidation, and altcoins movements showed confusion in their directional bias. Some altcoins saw bullish, impulsive moves, but most trended sideways or slid lower.

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Ripple struggles build momentum amid subdued investor interest

Ripple (XRP) is retracing toward its nearest technical support level of $1.10 as of Thursday. The remittance token has taken a breather after the macro-driven rally earlier in the week.

Crypto Today: Bitcoin, Ethereum, XRP run into resistance as retail buying cools

Bitcoin retreats toward support at $64,000. Ethereum hovers below $1,800, with its upside seemingly limited, following a macro-driven rally. Meanwhile, Ripple sits on top of the reclaimed $1.10 support.

Bitcoin pauses recovery as geopolitical tensions outweigh cooling inflation

Bitcoin slips below $64,000 at the time of writing on Thursday after failing to close above the 50-day EMA near $65,120 the previous day. Institutional demand shows mild improvement, with spot Exchange Traded Funds (ETFs) recording a second consecutive day of inflows this week.

Pyth Network gains momentum amid extended Coinbase support

Pyth Network (PYTH) recovers nearly 5% on Thursday, approaching the $0.05000 psychological mark. The Wednesday release of SK Hynix and Lumentum perpetual futures on Coinbase, powered by Pyth Network, lifts retail demand.

Bitcoin: Strategy sells, the market doesn’t care

Bitcoin (BTC) reclaims $64,000 on Friday, extending a modest recovery while holding firmly above the key technical support zone so far this week. Mixed spot Exchange Traded Funds (ETFs) flows through Thursday reflect cautious institutional positioning. Meanwhile, traders have digested headlines about Strategy’s recent Bitcoin sale, highlighting the Crypto King’s resilience and deep liquidity.