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

FXStreet Team FXStreet

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

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Dogecoin ticks lower as low Open Interest, funding rate weigh on buyers

Dogecoin extends its decline as risk-off sentiment dominates across the crypto market. DOGE’s derivatives market remains weak amid suppressed futures Open Interest and perpetual funding rate.

Crypto Today: Bitcoin, Ethereum, XRP decline as risk-off sentiment escalates

Bitcoin remains under pressure, trading above the $87,000 support at the time of writing on Tuesday. Selling pressure has continued to weigh on the broader cryptocurrency market since Monday, triggering declines across altcoins, including Ethereum and Ripple.