Cryptocurrencies Price Prediction: Ethereum, Ripple & Bitcoin – American Wrap 11 April

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A brief technical and on-chain analysis on Bitcoin price. Here, FXStreet's analysts evaluate where BTC could be heading next. Please, subscribe to our YouTube channel, follow us on Twitter @FXScrypto and join our Telegram channel.

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Cryptos hint at a strong recovery

Bitcoin price has been heading south lately, but this has allowed a select few altcoins to go wild. Ethereum and Ripple do not seem to be on this list and are likely going to take more time before they trigger a bull rally.

Ethereum price crumbles below support, targets $2,700

Ethereum price is at the time of writing, trading at $3,040 and retesting a key level on the 4-hour chart. Last Thursday, FXStreet analysts made the call to expect a dip into the current price level as Ethereum price displayed multiple sell signals. The bearish thesis also mentioned a possibility for extended targets at $2,987 and $2,930 to get breached.

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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.

Crypto Today: Bitcoin, Ethereum, XRP stay under pressure as investors turn more risk-averse

The cryptocurrency market trades under intense headwinds on Wednesday, led by Bitcoin’s (BTC) deepening sell-off below $60,000. The Crypto King hovers above $58,000.

Pi Network holds on thin ice with 76 million tokens ready to be unlocked

PI is holding steady around $0.1150 on Wednesday, stabilizing after three consecutive days of losses of around 10%. Pi remains under pressure, with more than 76 million tokens scheduled for unlocking in June, potentially accelerating the bearish trend.

Bitcoin sinks to 21-month low amid ETF outflows, US-Iran peace uncertainty

Bitcoin stabilizes around $59,000 after falling to a 21-month low of $57,800 on Wednesday. Geopolitical uncertainty remains elevated after Iran ruled out talks with US envoys, clouding prospects for a peace agreement and keeping risk sentiment fragile.

Jupiter positions for a trend reversal as network activity picks up

Jupiter is up 6% on Wednesday, crossing above its 200-day EMA at $0.2192. Network data shows a spike in monthly revenue and fees in June to a three-month high.

Bitcoin: BTC hits 20-month low, will the pain continue?

Bitcoin has remained under pressure this past week, losing over 5% as traders assess mixed signals from different parties involved in the Middle East conflict.