Cryptocurrencies Price Prediction: Ethereum, MATIC & Bitcoin – American Wrap 11 October

FXStreet Team FXStreet

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: The start of a larger decline

The crypto market descends in freefall fashion. At the current time, jumping into the market for a bounce could lead to painful losses. Key levels have been identified to estimate where the cryptocurrency decline may flatline. Bitcoin price falls sharply during the second week of October. Ethereum price hints at more decline in the coming days. Ripple's XRP price could produce an uptrend rally before more downslide occurs.

MATIC price could drop 25% as Polygon sellers plan selling spree [Video]

A brief technical and on-chain analysis on Polygon price. Here, FXStreet's analysts evaluate where MATIC could be heading next.

This Bitcoin price fractal forecasts a drop to $15,800 before an explosive rally [Video]

A brief technical and on-chain analysis on Bitcoin price. Here, FXStreet's analysts evaluate where BTC could be heading next.

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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.

Ripple ticks up as buyers re-engage

Ripple trends higher at the time of writing on Thursday, trading above $1.12. The cross-border remittance token seeks to erase a persistent downtrend that has weighed on the price since mid-May, as investors navigated geopolitical tensions in the Middle East.

Crypto Today: Bitcoin, Ethereum, XRP rebound broadens despite continued US-Iran strikes

Bitcoin steadies its recovery on Thursday, edging higher toward $63,000 despite incessant capital outflows. Meanwhile, altcoins, including Ethereum and Ripple, exhibit subtle rebound signs, trading above $1,650 and $1.12, respectively.

Bitcoin stages modest rebound ahead of US PPI data

Bitcoin recovers slightly, trading above $62,500 on Thursday after three consecutive days of losses. US-listed spot ETFs recorded outflows of $213.85 million on Wednesday, indicating persistent withdrawals amid renewed US-Iran tensions.

Pi Network: Recovery at risk with 16 million PI tokens ready for unlock

Pi Network edges higher on Thursday after three days of consecutive losses earlier this week, extending the prevailing downtrend since late April. The scheduled unlocking of 16 million PI tokens on Thursday could add pressure to the intraday recovery.

Bitcoin: After the bloodbath, everyone looks at $60,000

Bitcoin (BTC) hovers above $62,000 at the time of writing on Friday, weighed down by growing risk-off sentiment due to persistent geopolitical tensions in the Middle East and sticky macroeconomic uncertainty. The institutional sell-off continued to wreak havoc on capital flows, with spot Bitcoin Exchange-Traded Funds (ETFs) recording billions in outflows.