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

Cryptocurrencies Price Prediction: Ethereum, Ripple & Bitcoin – American Wrap 11 May
FXStreet TeamFXStreet TeamFXStreet

Top 3 Price Prediction Bitcoin, Ethereum XRP: Why the bloodbath can lead to a new bull rally

Bitcoin price finds buyers near the $30,000 value area after hitting new 180-day lows. Ethereum price increased by over 10% during the intraday session, but sellers remained persistent. XRP price finds buyers in the $0.50 value area - but follow-through appears shaky. 

Bitcoin: Is the worst priced in?

Bitcoin (BTC) price has been falling back to the lower levels from the summer of 2021. In just a week, BTC price has lost nearly 25% of market value and has hit firm support at $29,927.50, where bulls are more than happy to pick up BTC price at a considerable discount sub $30,000. Expect a rebound in the Bitcoin price action as the Relative Strength Index (RSI) and the markets calm down, and in the process create mild tailwinds for cryptocurrencies.

XRP price stands out as the most bullish looking crypto

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

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FXStreet Team

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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XRP retreats as ETF interest cools

XRP retreats as ETF interest cools

Ripple (XRP) slides toward the short-term $1.10 support on Friday, as broader crypto market sentiment weighs on crypto assets. The sell-off mainly stems from fears of inflation in the United States (US) amid the ongoing war in the Middle East and rising Oil prices.
Crypto Today: Bitcoin, Ethereum, XRP pare losses as breakout potential builds

Crypto Today: Bitcoin, Ethereum, XRP pare losses as breakout potential builds

Bitcoin (BTC) is edging higher on Friday, albeit gradually, after reclaiming support above $65,000. Meanwhile, Ethereum (ETH) shows signs of stability near the immediate $1,900 hurdle, backed by mild capital inflows. Ripple (XRP), on the other hand, holds above the pivotal $1.10, with its upside structurally constrained below $1.15.
Bitcoin Weekly Forecast: BTC holds firm, but the $100 Oil threat could change the game

Bitcoin Weekly Forecast: BTC holds firm, but the $100 Oil threat could change the game

Bitcoin (BTC) is modestly recovering, trading at $65,400 on Friday and holding firmly above the key support zone. US-listed spot Bitcoin Exchange Traded Funds (ETFs) supported BTC’s modest recovery as they continued to attract institutional inflows through Thursday, pointing to the third consecutive week of inflows.
Crypto shrugs off a stronger Dollar

Crypto shrugs off a stronger Dollar

Cryptocurrencies have been affected by jitters in traditional financial markets, losing 0.8% of their market capitalisation over the past 24 hours to $2.23T, dipping to a low of $2.21T at the start of active trading in Asia.
Bitcoin: BTC holds firm, but the $100 Oil threat could change the game

Bitcoin: BTC holds firm, but the $100 Oil threat could change the game

Bitcoin (BTC) is modestly recovering, trading at $65,400 on Friday and holding firmly above the key support zone. US-listed spot Bitcoin Exchange Traded Funds (ETFs) supported BTC’s modest recovery as they continued to attract institutional inflows through Thursday, pointing to the third consecutive week of inflows.