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Cryptocurrencies Price Prediction: Derive, Cardano & Bitcoin – Asian Wrap 29 June

Derive Price Forecast: Rising derivatives demand positions DRV for further gains

Derive (DRV) edges higher on Monday, extending its third consecutive day of recovery above $0.1000. The increasing volume and fees collected through Perpetuals and Options contracts suggest that Derive’s market share in crypto derivatives is growing. The technical outlook is optimistically bullish for DRV, as a steady recovery run approaches a key resistance level near $0.1100, with a potential breakout rally in sight.

Cardano Price Forecast: Fading bearish momentum offers hope for recovery

Cardano (ADA) is stabilizing around $0.145 at the time of writing on Monday after suffering a sharp 21% decline over the previous two weeks. Derivatives metrics continue to reflect cautious market sentiment; however, fading bearish momentum suggests ADA could recover in the coming days.

Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC rebounds, ETH and XRP defend key support following recent correction

Bitcoin price recovers slightly, trading above $60,000, after losing over 6% in the previous week. However, BTC is maintaining a bearish bias as price remains below the 50-, 100-, and 200-day Exponential Moving Averages (EMAs) at $66,971, $70,592, and $76,516, respectively.

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Ripple seeks higher support amid cooling on-chain activity and ETF demand

Ripple (XRP) is trading above $1.50 on Monday, as bulls struggle to sustain recovery. Despite the sideways price action between support at $1.45 and supply at $1.60, XRP remains supported by uptrending major moving averages and key momentum indicators.

Crypto Today: Bitcoin rally slows while Ethereum and XRP extend recovery amid slowing ETF inflows

Bitcoin is narrowly consolidating while trading above $86,000 at the time of writing on Monday. Altcoins, on the other hand, show a positive outlook, with Ethereum edging higher above $2,700 while Ripple steadies above $1.52.

AI Tokens Price Prediction: Capital rotation fuels FET, VIRTUAL, and NEAR rallies

AI tokens, including Artificial Superintelligence Alliance, Virtuals Protocol, and NEAR Protocol, are leading gains over the last 24 hours. This suggests a rotation of capital from previously favored DeFi tokens into AI tokens.

Bitcoin holds $86K as ETF inflows, Fed hike bets ease

Bitcoin holds the $86,000 mark at the time of writing on Monday after three consecutive weeks of gains over 12% since mid-September. Institutional demand supports the bullish price action, with BTC spot Exchange Traded Funds recording the third week of positive flows.

Bitcoin: Is BTC setting up for an Uptober rally?
Bitcoin (BTC) extends its gains, trading near $86,000 at the time of writing on Friday after closing September 6.33% up, reversing its seasonal weakness. Historical data suggest October could be a strong month for BTC, especially after a positive September.