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Cryptocurrencies Price Prediction: Hyerliquid , Bitcoin & Crypto – European Wrap 11 February

Hyperliquid Price Forecast: HYPE tests key support as sell-side pressure intensifies

Hyerliquid (HYPE) drops to its 50-day Exponential Moving Average (EMA) at $28.85 at the time of writing on Wednesday, extending a decline of roughly 10% so far this week. The declining bullish interest in HYPE derivatives results in a short-side-dominant positional build-up. The technical outlook for Hyperliquid focuses on the 50-day EMA as the short-term moat amid rising selling pressure.

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Bitcoin Price Forecast: BTC slips below $67,000 ahead of US Nonfarm Payrolls data

Bitcoin (BTC) price extends losses, trading below the lower consolidating boundary at $67,300 at the time of writing on Wednesday. A firm close below this level could trigger a deeper correction for BTC. Despite the weakness in price action, institutional demand shows signs of support, recording mild inflows in Exchange Traded Funds (ETFs) so far this week. Meanwhile, market participants now await the US Nonfarm Payrolls (NFP) data, to be released on Wednesday, which could provide directional bias for the Crypto King.

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Crypto Today: Bitcoin, Ethereum, XRP extend sell-off amid negative funding rates 

Bitcoin (BTC) is logging its third consecutive day of declines, trading slightly below $67,000 at the time of writing on Wednesday. The Crypto King is down 15% in February and looks poised to extend its losses toward the yearly low of $60,000.

Ethereum (ETH) and Ripple (XRP) are following in Bitcoin's footsteps, weighed down by a weak derivatives market. Risk-off sentiment has seen the Crypto Fear & Greed index plunge into extreme fear.

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Crypto Today: Bitcoin at $60,000, Ethereum at $1,500, and XRP at $1 face a make-or-break test

Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are trading in the red on Friday after three consecutive days of losses, testing their respective make-or-break support levels.

Bitcoin Weekly Forecast: BTC hits 20-month low, will the pain continue?

Bitcoin recovers slightly, trading at $66,000 on Friday after reaching a new yearly low of $58,115 earlier this week, its lowest level since October 2024. Institutional selling intensified as spot ETFs recorded $1.35 billion in net outflows through Thursday.

XRP clings to $1 as long liquidations deepen bearish trend

Ripple trades near the key psychological support level of $1 at the time of writing on Friday after losing more than 8% so far this week. CoinGlass liquidation data shows that over 97% XRP long positions were wiped out over the past 24 hours.

Pi Network Price Forecast: Minor recovery amid market crash fuels short-term hope

Pi Network price records a mild 3% recovery at press time on Friday, shaping a rebound from a broken descending trendline. The declining trend in trading volume has stabilized around $10 million this week, supporting the possibility of an extended recovery as selling pressure wanes.

Bitcoin: BTC hits 20-month low, will the pain continue?
Bitcoin (BTC) recovers slightly, trading at $66,000 on Friday after reaching a new yearly low of $58,115 earlier this week, its lowest level since October 2024. Institutional selling intensified as spot Exchange Traded Funds (ETFs) recorded $1.35 billion in net outflows through Thursday.