Cryptocurrencies Price Prediction: Ethereum, Cardano & Bitcoin – American Wrap 17 June

FXStreet Team FXStreet

Ethereum price is emphatic, ETH targets $1,800 as support fails

Ethereum price has not been spirited higher during the recent bounce in Bitcoin. Instead, the smart contracts giant has been locked in a symmetrical triangle, struggling to hold the lower trend line. Similar to other altcoins, ETH increasingly faces a bearish fate moving forward unless a compelling catalyst emerges.

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC contemplates breakout, while altcoins promptly follow

Bitcoin price rose from the range low to nearly tagging the swing high this week. However, the impulsive move reversed and is now heading toward the midway point. Ethereum and Ripple are following in BTC’s footsteps and are expected to head lower.

Three technical Indicators suggest Cardano price may drop to $1 in a few weeks

Cardano price is restrained by May’s declining trend line, the Ichimoku Cloud, the 50 twelve-hour SMA and anchored VWAP. The result has been a narrowing range, increasing the probability that ADA will resolve the congestion to the downside in the weeks ahead.

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FXStreet Team

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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.