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

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 recovery faces resistance as derivatives demand cools

XRP recovery faces resistance as derivatives demand cools

XRP holds support at the 50-day EMA, but the 200-day EMA may limit recovery. XRP bulls battle to regain control, while momentum indicators remain downward, weighing on price action.

Crypto Today: Bitcoin, Ethereum, XRP stabilize defying macro headwinds and ETF outflows

Crypto Today: Bitcoin, Ethereum, XRP stabilize defying macro headwinds and ETF outflows

Bitcoin is showing resilience, trading up above $76,000 on Thursday. The uptick follows the US Fed decision that hiked interest rates the day before. Meanwhile, ETH gains momentum toward $2,500, suggesting the return of bulls as macro headwinds settle.

Bitcoin extends cautious rebound as ETF outflows, hawkish Fed risks cap upside potential

Bitcoin extends cautious rebound as ETF outflows, hawkish Fed risks cap upside potential

Bitcoin extends rebound trading above $76,500 on Thursday after a mild recovery the previous day. The Fed’s hawkish outlook, alongside escalating Middle East tensions, could limit BTC upside potential.

Top Altcoins Price Forecast: Ripple, Cardano, Dogecoin – Downside risk looms amid market uncertainties

Top Altcoins Price Forecast: Ripple, Cardano, Dogecoin – Downside risk looms amid market uncertainties

Ripple edges higher to $1.30 on Thursday, supported by its 50-day EMA at $1.28. Cardano holds near the short-term support trendline, with bulls attempting to reclaim the 50-day EMA at $0.1994.

Bitcoin: BTC retreats as macro headwinds grow

Bitcoin: BTC retreats as macro headwinds grow

Bitcoin (BTC) remains under pressure, down over 4% this week and trading around $76,900 at the time of writing on Friday. Institutional demand shows signs of weakness as spot BTC Exchange Traded Funds (ETFs) are on track to end their three-week inflow streak, recording nearly $500 million in net outflows through Thursday.