Cryptocurrencies Price Prediction: Ethereum, Dogecoin & Bitcoin – American Wrap 01 September

FXStreet Team FXStreet

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: What Wall Street doesn't want you to know pt.2

Part two of an Elliott Wave, technical, and on-chain anlalytical thesis used to gauge current market behavior and forecast the next directional moves in the crypto market. Bitcoin price shows smart money accumulation signals. A bottom may be near. Ethereum price is likely to witness an influx of volatility, a swing trader's approach may be the most suitable. Ripple price remains in a bearish stronghold based on recent bearish influence.

Can Dogecoin price rally amid opposing on-chain metrics?

Dogecoin price is drifting slowly down to a stable support floor that could potentially provide a reversal point and the start of a new uptrend.On-chain metrics, however, are not great fans of a bullish move and suggest that any attempts at a rally will be blocked.

Bitcoin and Ethereum holders alert: Merge coincides with creditor notice deadline for Mt.Gox

Mt.Gox announced that September 15 is the deadline for creditor claims. This coincides with Ethereum’s Merge, a long awaited event in crypto history. Therefore, Bitcoin and Ethereum holders need to be cautiously optimistic according to analysts.

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Ripple faces persistent bear risks, shrugging off ETF inflows

Ripple is extending its decline for the second consecutive day, trading at $2.06 at the time of writing on Friday. Sentiment surrounding the cross-border remittance token continues to lag despite steady inflows into XRP spot ETFs.

Luna Classic soars 20% as Do Kwon's sentence hearing looms

Luna Classic surges 20% on Friday, extending its recovery for the fourth consecutive day. Roughly 959 million tokens have been burned in December so far, fueling LUNC's recovery.

Crypto Today: Bitcoin, Ethereum, XRP pare gains despite increasing hopes of upcoming Fed rate cut

Bitcoin (BTC) is steadying above $91,000 at the time of writing on Friday. Resistance at $94,150 capped recovery on Wednesday, but in the meantime, bulls have contained downside risks above $90,000.

Ethereum strengthens against BTC post-Fusaka, targeting $3,200 breakout

Ethereum trades above $3,100 on Friday, with bulls aiming for a breakout above a two-month-old resistance trendline. Ethereum gains strength against Bitcoin as demand for the major altcoin increases after the Fusaka upgrade.

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Bitcoin: BTC steadies as data suggests local bottom

Bitcoin (BTC) hovers around $91,000 at the time of writing on Friday, extending its recovery by 5% so far this week. On the institutional front, a modest outflow from US-listed spot Bitcoin Exchange Traded Funds (ETFs) marks a slowdown from previous weeks and signals a reduction in selling pressure, further supporting BTC’s recovery.

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