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Cryptocurrencies Price Prediction: Ethereum, Ripple & Bitcoin – American Wrap 16 September

Bitcoin Weekly Forecast: The caveats to BTC’s slippery slope to $12,000

Bitcoin price has been on a rollercoaster ride since June 18. The most recent yet explosive run-up has hit targets mentioned in our previous publication. After hitting these levels, BTC has undone these gains quickly. However, the ongoing pullback has pushed BTC back to a stable demand zone that has the potential, at least, to trigger another leg-up.

What to expect from the post-Merge Ethereum, the whole truth

Ethereum merged successfully and post the transition to proof-of-stake analysts have addressed the questions surrounding the ETH blockchain. Analysts remain bullish on Ethereum and set a new price target for the altcoin. 

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: No FUD just charts pt. 2

The cryptocurrency market liquidates early traders who partook in the 20% rally in early September. A sweep-the-lows event is likely underway. Key levels have been identified. Bitcoin price falls below $19,500, spelling bad news for the uptrend scenario. Ethereum has breached the August low at $1,419. Ripple price diverges as it rebounds into the 21-day simple moving average.

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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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Bitcoin: Hormuz uncertainty clouds BTC outlook
Bitcoin (BTC) trades around $62,900 at the time of writing on Friday, down over 3% so far this week amid cautious institutional demand and persistent geopolitical uncertainty. While BTC shows signs of stabilization, elevated Oil prices and tensions in the Strait of Hormuz continue to weigh on risk sentiment, keeping the Crypto King’s near-term outlook under pressure.