Cryptocurrencies Price Prediction: Hyperliquid, Ripple & Bitcoin – Asian Wrap 16 June

FXStreet Team FXStreet

Hyperliquid Price Forecast: Institutional inflows fuel $70 breakout hopes

Hyperliquid (HYPE) extends a steady upward trend on Tuesday for the sixth consecutive day, approaching its $70 mark. Recurring inflow spikes in HYPE-focused Exchange Traded Funds (ETFs) reflect consistent institutional demand for the everything exchange token.

XRP and XLM outlook: Breakout hopes grow as bullish sentiment builds

XRP trades at $1.232 on Tuesday, up over 4% from the previous day. However, XRP is maintaining a cautious tone as the price remains below the 50-day, 100-day, and 200-day Exponential Moving Averages (EMAs) at $1.283, $1.376, and $1.582, respectively.

Crypto Overview: Bitcoin weighs BOJ interest rate hike to 1%, Uniswap and LayerZero sustain

Bitcoin maintains a mild bullish bias in the near-term following its rebound from $60,000 last week. Still, the price remains well below the 50-, 100-, and 200-day Exponential Moving Averages (EMAs), reflecting a broader downside trend. The loss of the previously rising trendline, now overhead around $72,753, reinforces the idea that the market has broken its prior uptrend.

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Crypto Overview: Bitcoin stabilizes above $65,000, as Zcash and Worldcoin lead broader recovery

Bitcoin shows signs of recovery, trading above $65,000 on Monday, as the broader crypto market rebounds, fueled by improving sentiment following the United States (US) and Iran's confirmation of a preliminary peace agreement.

Crypto Today: Bitcoin, Ethereum, XRP recovery gathers strength as US-Iran reach peace agreement

Cryptocurrency prices remain broadly elevated on Monday, led by Bitcoin’s upswing toward $66,000. Altcoins, including Ethereum and Ripple, mirror Bitcoin’s momentum, trading above $1,700 and $1.18.

Bitcoin extends rebound as US and Iran reach framework deal to end the war

Bitcoin steadies above $65,700 at the time of writing on Monday, after recovering nearly 4% in the previous week. BTC recovery was boosted following Sunday’s news that the US and Iran have reached a preliminary peace deal, lifting the risk appetite.

Pi Network Price Forecast: Launchpad upgrades, fading bearish pressure lift recovery prospects

Pi Network (PI) began the week on a positive note, trading above $0.1340 on Monday after posting a mild recovery and closing above a key resistance in the previous week.

Experts agree: Bitcoin nears bottom, but weak demand raises doubts

Bitcoin (BTC) is trading above $63,000 at the time of writing on Friday after rebounding from the key 200-week Simple Moving Average (SMA) near $62,000, a level widely viewed as key long-term support. The recovery may suggest that Bitcoin has found a floor after a sharp correction that spanned more than a month, but some warning signs persist.