|

Cryptocurrencies Price Prediction: Ethereum, Shiba Inu & Bitcoin – American Wrap 18 October

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC, ETH share spotlight while XRP struggles

​​​​​​Bitcoin price is continuing its ascent and will face the $62,944 resistance barrier next. Ethereum price has moved on from consolidating under one hurdle to another at $3,938. Ripple price flash crashes close to $1.01 support floor but recovers quickly, eyeing retest of $1.27. Bitcoin price is not looking back as it breached the $60,000 psychological level. Ethereum mirrors the big crypto’s moves, but Ripple seems to be more volatile than the top two cryptocurrencies.

Shiba Inu warns of lower prices as SHIB might test $0.000022

Shiba Inu price continues to consolidate after making massive gains. A false breakout above an ascending triangle could trigger a deeper corrective move. Strong support exists if a deeper pullback does occur. Shiba Inu price has, in a surprise to many, maintained the majority of its huge rally. While Dogecoin killer Shiba Inu has made gains over 340% from the October open, it is still up over 280% despite the recent pullbacks. However, it could dip a little lower.

Bitcoin price could dip before testing all-time highs

Bitcoin price (BTC) has been on a tear these past few days, with bulls breaking $60,000. To keep the uptrend intact, buyers will want to wait for the daily Relative Strength Index (RSI) to dip back below 70. This dip below 70 in the RSI would coincide with a test of $60,000 and would offer new buyers a good entry for the next phase in the uptrend toward $65,087 or new all-time highs.

Author

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.

More from FXStreet Team
Share:

Editor's Picks

Ripple eyes $1.50 breakout despite softening on-chain activity

XRP remains elevated near $1.45 after a sharp spike from the weekly low of $1.31. XRP retains a neutral-to-bullish technical outlook, supported by the RSI and uptrending moving averages.

Zcash Price Forecast: Rally hits nine-year high above $1,000 amid growing shielded demand

Zcash trades above $1,000 on Friday, building on its 16% gain from the previous day. On-chain data show a steady increase in shielded supply to 4.86 million ZEC tokens, pointing to growing demand for privacy.

Crypto’s $638 million buyback boom may not be as bullish as it looks

Decentralized Finance (DeFi) protocols reportedly spent $638 million to buy back their native tokens in August, up 17% from a year earlier. On the surface, the buyback trend suggests the cryptocurrency industry is maturing fast.

Crypto Today: Bitcoin, Ethereum, XRP recovery takes a breather amid capital inflows

Bitcoin corrects lower toward $80,000 after testing highs at $81,269, supported by $731 million in ETF inflows. Ethereum bulls push to regain momentum, with $2,500 providing immediate support.

Bitcoin: Gearing up for a sharp move
Bitcoin (BTC) is trading around $81,000 on Friday, up over 4% so far this week, and awaits a key catalyst that could determine its next directional move. Strong institutional demand is supporting the bullish price action, with spot BTC Exchange Traded Funds (ETFs) on track to record a third straight week of inflows.