Cryptocurrencies Price Prediction: Ethereum Classic, Ethereum & Ripple — Asian Wrap 19 September

FXStreet Team FXStreet

Is the Ethereum Classic price losing Investors' support post-Merge?

Ethereum Classic price could be setting up for a sharp decline targeting $22.50. Key levels have been identified. Ethereum Classic price could be on its way toward a 25% decline. At the current time, the bears have breached both the 8-day exponential and 21-day simple moving averages. Amidst the breach, a significant uptick in volume entered the market.

Ethereum price is on a steep decline targeting $1250, here’s what traders should be aware of

Ethereum price is developing more bearish signals as the weekend progresses. Since Friday September 10 the bears have forged a 22% decline. The decline comes at an interesting time as the market sentiment has been quite bullish with speculation that the Merge would bring fruitful returns.

Why the next XRP price prediction will be more challenging than the previous

XRP price has displayed applaudable price action over the weekend. Since Friday, September 16, the digital remittance token has rallied 19%, validating the previous bullish trade idea mentioned in the last thesis. Now that the bulls have breached the $0.39 target, a double scenario is underway.

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XRP steadies above $1.90 support as fund inflows and retail demand rise

Ripple (XRP) is stable above support at $1.90 at the time of writing on Monday, after several attempts to break above the $2.00 hurdle failed to materialize last week. Meanwhile, institutional interest in the cross-border remittance token has remained steady.

Cardano struggles to extend gains as retail interest wanes despite Midnight's NIGHT token launch

Cardano ticks higher after a bearish weekend, struggling to extend an upcycle within a descending wedge pattern. On-chain data shows an increase in trading volume and user activity after the Midnight side chain token launch.

Crypto Today: Bitcoin, Ethereum recover as XRP remains supported by ETF inflows

Bitcoin is trending up toward the pivotal $90,000 level at the time of writing on Monday, which marks four consecutive days of gains. Altcoins, including Ethereum and Ripple, are also rebounding above key short-term support levels.

Bitcoin nears $90,000 as recovery hopes clash with institutional outflows

Bitcoin is approaching the $90,000 resistance level at the time of writing on Monday, raising hopes of a short-term recovery. However, the bullish recovery is being challenged by weakening institutional demand, as evidenced by outflows from Spot ETFs.

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Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.

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