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

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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.

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XRP extends recovery as on-chain activity grows

Ripple (XRP) ticks up and trades around $1.13 at the time of writing on Tuesday. This rebound aligns with a broader recovery in the cryptocurrency market, attributed to reports that mediators between the United States (US) and Iran are seeking a 10-day cessation of strikes to find a way back to the signed Memorandum of Understanding (MoU).

Ethereum Price Forecast: ETH continues July uptrend with 20% rise after triggering buy signal

Ethereum (ETH) has gained 3% on Tuesday, extending its July gains above 20% after key on-chain indicators highlighted a resumption of buying activity. The strong performance so far in July comes a few days after ETH triggered the Market Value to Realized Value (MVRV) Buy signal. ETH has been up by roughly 22% since the signal.

Chainlink becomes top 20 best performer, 3 reasons behind the move

Chainlink (LINK) has become the best-performing asset in the top 20 this week, leading every other major cryptocurrency. The cryptocurrency jumped 10.18% to $8.71, its highest level since early June. Three major factors explain the double-digit rise over the past week.

Crypto Today: Bitcoin, Ethereum, XRP extend rebound amid returning institutional capital inflows

Cryptocurrency prices extend a broad recovery, led by Bitcoin (BTC), trading above $66,000 at the time of writing on Tuesday. Ethereum (ETH) remains bullish above $1,940, after logging four straight days of gains. Meanwhile, Ripple (XRP) hovers around $1.13, building on the reclaimed $1.10 critical level.

Bitcoin’s potential recovery in the second half hinges on these 4 catalysts

Bitcoin (BTC) has fallen over 34% in the first half of this year as the King Crypto failed to capitalize on a good semester for risk assets despite the woes from the Iran war.