|

Cryptocurrencies Price Prediction: Ethereum, Zilliqa and Ripple – European Wrap 10 May

Where to exit Ethereum before it crashes to $1,700

Ethereum price has sealed its bearish fate after breaching the consolidation pattern’s lower trend line on May 6. This development has worsened the situation and caused a steep correction for ETH.

ETH/USDT 1-day chart

Traders must be aware of this resistance cluster ahead of Zilliqa price

Zilliqa price is in a relief rally after undergoing a massive sell-off since April 1. This move, like many others, is likely to be temporary due to the overall negative market outlook and the way the technicals are positioned.

 
ZIL/USDT 1-day chart

XRP Price Prediction: Ripple has an opportunity window to rebound to $0.65

Ripple (XRP) price has sharply declined since last week as markets got shaken by disappointing and mixed earnings, as well as more geopolitical tensions. With that pressure, XRP price tanked from $0.65 to $0.48 and saw the Relative Strength Index (RSI) shoot deeply into oversold territory. A sharp rebound is materialising this morning as the dollar backs off, and several central banks are doing market interventions to support their local currencies against the dollar, which opens a window of opportunity for XRP price to reclaim a few levels and travel back to $0.65 by the end of this week.

XRP/USD daily chart

Author

More from FXStreet Team
Share:

Editor's Picks

Solana Price Forecast: SOL sell-off intensifies as BTC drops to $60,000

Solana (SOL) price extends its correction, slipping below $70 on Friday after posting losses of over 23% so far this week. The sell-off was fueled by broader weakness in the crypto market, with Bitcoin (BTC) reaching a low of $60,000 on Friday.

Crypto market loses $2.65 billion as Bitcoin dips to $60,000 amid bearish sentiment

The cryptocurrency market valuation is down $2.8 trillion as the industry leader, Bitcoin, dropped to $60,000 earlier on Friday before a whipsaw to $65,000. Market sentiment is extremely bearish as evidenced by massive liquidations, declining Open Interest, and a sell-side skew in the derivatives market. 

Top 3 Price Prediction: Bitcoin, Ethereum, Ripple sink to multi-month lows

Bitcoin, Ethereum and Ripple slip to multi-month lows, erasing all gains since crypto-friendly candidate Donald Trump won the US presidential election in November 2024. BTC hits a low of $60,000 on Friday, while ETH nosedives to $1,750 and XRP to $1.11.

Top Crypto Losers: Monero, Zcash, and Jupiter lead losses as Bitcoin floors $60,000

Monero (XMR), Zcash (ZEC), and Jupiter (JUP) are leading the cryptocurrency bear market over the last 24 hours as Bitcoin (BTC) dropped 14% on Thursday.

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.

Bitcoin: BTC correction deepens as Fed stance, US-Iran risks, mining disruptions weigh

Bitcoin (BTC) price extends correction, trading below $82,000 after sliding more than 5% so far this week. The bearish price action in BTC was fueled by fading institutional demand, as evidenced by spot Exchange-Traded Funds (ETFs), which recorded $978 million in inflows through Thursday.