Cryptocurrencies Price Prediction: Ethereum, Ripple & Chainlink — Asian Wrap 19 June

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Ethereum foray into NFT inscriptions could drive ETH transactions fees higher

Ethereum (ETH) has joined Bitcoin (BTC) with an NFT inscription project. The news follows an announcement by Capsule 21 co-founder Middlemarch, who christened the innovation ‘Ethscriptions,’ saying it will allow users to create and share digital works via Ethereum transaction calldata.

Ripple price targets $0.501 as Binance deal with SEC delivers much-needed support

Ripple (XRP) price is back in the green during the weekend, as crypto proponents recognize Binance exchange's latest win against the US Securities and Exchange Commission (SEC). With the financial regulator boding as a common enemy, a win for one is a win for all, which explains XRP's uptick over the last 24 hours. This optimism is reinforced by ongoing talks of an imminent ruling in the Ripple vs. SEC case.

LINK whales activity jumps by 1000% as selling plagues network after Chainlink price hit two-year lows

Chainlink price, despite noting a slow recovery, seems to have triggered the investors negatively as selling dominated the market towards the end of the week. Not so interestingly, whales took the lead when it came to shedding their supply, even as the price action remained largely unchanged.

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XRP steadies above $1.90 support as fund inflows and retail demand rise

Ripple (XRP) is stable above support at $1.90 at the time of writing on Monday, after several attempts to break above the $2.00 hurdle failed to materialize last week. Meanwhile, institutional interest in the cross-border remittance token has remained steady.

Cardano struggles to extend gains as retail interest wanes despite Midnight's NIGHT token launch

Cardano ticks higher after a bearish weekend, struggling to extend an upcycle within a descending wedge pattern. On-chain data shows an increase in trading volume and user activity after the Midnight side chain token launch.

Crypto Today: Bitcoin, Ethereum recover as XRP remains supported by ETF inflows

Bitcoin is trending up toward the pivotal $90,000 level at the time of writing on Monday, which marks four consecutive days of gains. Altcoins, including Ethereum and Ripple, are also rebounding above key short-term support levels.

Bitcoin nears $90,000 as recovery hopes clash with institutional outflows

Bitcoin is approaching the $90,000 resistance level at the time of writing on Monday, raising hopes of a short-term recovery. However, the bullish recovery is being challenged by weakening institutional demand, as evidenced by outflows from Spot ETFs.

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Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.

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