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Cryptocurrencies Price Prediction: Ethereum, Ripple & Dogecoin – Asian Wrap 04 Feb

Cryptocurrencies Price Prediction: Ethereum, Ripple & Dogecoin – Asian Wrap 04 Feb
FXStreet TeamFXStreet TeamFXStreet

Ethereum Price Prediction: ETH records new all-time high as FOMO kicks in

ETH/USD bulls are unstoppable while refreshing the record top around $1,700 during early Thursday. The altcoin is on a four-day uptrend after the previous day’s rally that crossed a key resistance line. Ascending trend line from September stops ETH sellers, for now.

Ripple Price Analysis: XRP/USD bounces off key supports to renew bullish bets

XRP/USD picks up the bids around 0.3965 during early Thursday. The cryptocurrency pair marked a reversal from 100-day SMA and a six-week-old support line, previous resistance, the previous day. Sellers have yearly support line as an extra barrier to cross for entry.

Dogecoin Price Forecast: DOGE is on the verge of a colossal explosion if any of these two levels break

Dogecoin’s volatility has dropped significantly over the past 48 hours and the digital asset has been trading inside a tightening range which is on the verge of a massive explosion within the next 24 hours. There are two key levels to watch for a massive breakout or breakdown.

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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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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.