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Cryptocurrencies Price Prediction: Ethereum, Ripple and Dogecoin – European Wrap 9 February

ETH soars to new all-time highs as $2,000 beckons

Ethereum has gradually followed in Bitcoin's footsteps to achieve a new record high. The pioneer cryptocurrency is now exchanging hands above $1,800 while nurturing an uptrend toward $2,000. Bitcoin also hit a new all-time high on Monday at $47,625. Read more...

ETH/USD 4-hour chart

XRP poised to recover if critical resistance is breached

XRP price continues to suffer from the impact that the U.S. Securities and Exchange Commission's lawsuit had on Ripple. Telegram groups have coordinated “pumps and dumps” to help prices recover, but investors have taken advantage of every upswing to get rid of their tokens due to the legal uncertainty around it. Read more...

XRP/USDT 12-hour chart

DOGE primed for a 30% rally to new highs

Dogecoin price slide into consolidation after a 1,100% rally between January 28 and 29. But a recent spike in buying pressure allowed DOGE to resume its uptrend. Read more...

DOGE/USDT 4-hour chart

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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.

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Injective Price Forecast: INJ extends rally as CEO meets US policymakers to push advanced tokenization

Injective is inching closer to $9, extending a steady rebound from the 50-day EMA, which was at $6.59 last week. Injective’s CEO Eric Chen met with senior US officials on Wednesday to advance tokenization and on-chain finance within US regulatory frameworks.

Top 3 Price Predictions: BTC holds $80,500, ETH rebounds from key support, XRP weakens

Bitcoin, Ethereum, and Ripple show mixed price action on Friday, with BTC and ETH holding above key support levels while XRP struggles below key resistance. Meanwhile, sticky inflation figures have dampened risk appetite, and momentum indicators for these top three cryptocurrencies have also weakened, signaling a risk of a deeper correction if key support fails to hold.

Ethereum reclaims $2,400 as PPI hits 6.3% and yields fall
Ethereum (ETH) is back above $2,400 on Thursday, rebounding from a brief decline toward $2,340, which was sparked by an upside surprise in the US wholesale inflation report. The Producer Price Index (PPI) increased 1.3% monthly and 6.3% annually in September, far above expectations of 0.5% and 5.3%, respectively.
Bitcoin: Uptober or Rektober?
Bitcoin (BTC) price is down over 4% so far this week, trading below $83,000 at the time of writing on Friday as mounting selling pressure threatens to derail the seasonal “Uptober” rally. Profit-taking, a surge in long liquidations and weakening demand from institutional investors are weighing on BTC.