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Cryptocurrencies Price Prediction: Ethereum, Shiba & Bitcoin – American Wrap 27 September

Fed’s Powell calls for proper crypto regulations as Bitcoin price shoots beyond $20,000

Bitcoin price is exploring highs above $20,000 on Tuesday after holding support at $18,800 for nearly four days. Green sprouts are noticeable across the market, led by Uniswap price’s 16.70% move to $6.60. Ethereum price is trading close to $1,400 while XRP has only managed a 1.30% swing to $0.47. The cryptocurrency market’s bullish stint coincides with Federal Reserve Chair Jerome Powell’s speech “on opportunities and challenges of the tokenization of finance,” at the Louvre Museum in Paris, France. 

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Why you shouldn't get overly bearish near these levels

The crypto market pulls a fast one as an overnight rally has been completely reversed. Still, there is potential that a market bottom is near. Bitcoin price falls after trapping overnight and early morning bulls. Ethereum price has space to rally higher despite the recent sharp decline. Ripple could present a profitable knife catch opportunity in the coming days.

Shiba Inu Price Prediction: How many SHIB burned tokens will it take to spark a bull run?

Shiba Inu price has hurdled a key indicator that could catalyze a 20% rally. This month, millions of SHIB tokens have been burned, creating speculation around the notorious meme coin. Invalidation of the bullish outlook is a breach of the newly established swing low at $0.00001000.

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FXStreet Team

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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Democrats win House and Senate in US midterms: Why isn’t all bad news for crypto

The biggest story this week was Tuesday’s US midterm elections, which saw Democrats win control of both the House and the Senate in a clear blue wave. This political shift in the US has triggered sharp price swings across the cryptocurrency market.

Ripple nears oversold territory as traders eye buying opportunities

Ripple remains structurally capped near $1.20 after selling pressure wiped out the early-week rise to $1.34, driven by the US midterm elections. Market participants exhibited regulatory concerns ahead of the Democrats taking control of Congress in January, with many repositioning and adjusting their portfolios.

Bitcoin Weekly Forecast: Bears tighten grip as BTC eyes fifth weekly loss

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Bitcoin: Bears tighten grip as BTC eyes fifth weekly loss
Bitcoin (BTC) remains under pressure, down over 3% this week, trading near $75,500 on Friday and heading for its fifth straight weekly loss. Persistent outflows from US-listed BTC spot Exchange Traded Funds (ETFs), a sharp sell-off in US technology stocks, and rising market liquidations are weighing on sentiment and limiting Crypto King’s recovery attempts.