Cryptocurrencies price prediction: Ethereum, IOTA, & Ripple – European Wrap – 17 March

FXStreet Team FXStreet

Ethereum Price Analysis: ETH/USD moves away from $100.00, heads to $120.00

Ethereum (ETH) stopped within a whisker of critical $100.00 and managed to recover to $117.00 by press time. The second-largest cryptocurrency has gained about 5% both on a day-to-day basis and since the beginning of the day as the market is back on recovery track after another painful sell-off on Monday.

IOTA Price Analysis: IOT/USD bulls fire at the 100 SMA resistance

IOTA price is moving side by side with the rest of the digital assets. Unlike Monday which saw volatility return and bleeding continued, Tuesday has witnessed calm and subtle recovery across the board. IOT/USD is trading at $0.1180 after growing in value by more than 6% on the day. While stability is taking center stage, Iota has corrected from an intraday high of $0.1220. The current trend has turned back to being bearish but the volatility remains high.

Ripple Price Analysis: XRP/USD locked in a range after wild price movements

Ripple's XRP attempted a recovery above $0.1500. The third-largest coin hit the intraday high at $0.1528, but the upside proved to be unsustainable as the price swiftly slipped back inside the previous range. At the time of writing, XRP/USD is changing hands at $0.1472, having gained about 5% both on a day-to-day basis and since the beginning of the day.

Author

FXStreet Team

FXStreet

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

Ondo: Multiple trendline rejections, fading bullish momentum warn of a steeper correction

Ondo price hovers around $0.3700 on Wednesday, maintaining a broader corrective phase under the influence of a resistance trendline. Retail demand for ONDO remains firm, driven by the tokenization trend for traditional stocks and other Real World Assets.

Bitcoin Price Forecast: BTC steadies near $66,000 as markets await first Warsh-led Fed decision

Bitcoin steadies near $66,000 as investors await the Federal Reserve’s interest rate decision. Institutional demand shows slight improvement as spot Exchange Traded Funds recorded a mild inflow on Tuesday, after weeks of outflows.

Hyperliquid open interest surges 32% in week: Is $80 HYPE next?

Hyperliquid’s native token HYPE rallied 44% over five days, hitting a $76.90 all-time high on Tuesday. Despite the pullback to $73, open interest on HYPE futures reached the $3 billion mark, signaling growing institutional demand.

Meme Coins Price Prediction: DOGE near breakout, SHIB at ceiling and PEPE leads meme coin recovery

Meme coins are approaching a key technical level on Wednesday, which could determine the next directional bias. Dogecoin (DOGE) struggles to overcome a major resistance level, and Shiba Inu (SHIB) recovery lost momentum near a crucial barrier. Meanwhile, Pepe (PEPE) extends its rally for a sixth straight day, raising the prospects of further upside if momentum persists.

Experts agree: Bitcoin nears bottom, but weak demand raises doubts

Bitcoin (BTC) is trading above $63,000 at the time of writing on Friday after rebounding from the key 200-week Simple Moving Average (SMA) near $62,000, a level widely viewed as key long-term support. The recovery may suggest that Bitcoin has found a floor after a sharp correction that spanned more than a month, but some warning signs persist.