Cryptocurrencies Price Prediction: Litecoin, Crypto & Ripple – European Wrap 10 June

FXStreet Team FXStreet

Litecoin price likely to crash 9% as dead-cat bounce scenario unfolds

Litecoin (LTC) price outlook has turned bearish after breaking below a key support level, with on-chain data suggesting that holders are losing interest and confidence in the token.

Justin Sun deposits $21 million in crypto tokens to Binance

A whale wallet traced back to Tron founder Justin Sun deposited $21 million in four cryptocurrencies to Binance on Monday, according to data from on-chain intelligence tracker Spotonchain.

Ripple CEO comments on meme coins amidst XRP ETF optimism

Ripple (XRP) is embroiled in a legal battle with the US Securities and Exchange Commission for nearly four years. The SEC vs. Ripple lawsuit drags on as holders await the SEC’s response to the payment firm’s filing from May 29.

Author

FXStreet Team

FXStreet

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.

Ripple extends losses as derivatives interest cools

Ripple (XRP) extends its bearish roll near $1.12 support on Friday, reflecting intense headwinds in the broader crypto market largely attributable to macroeconomic pressure.

Crypto Today: Bitcoin, Ethereum, XRP weaken further as capital outflows persist

Macroeconomic headwinds continue to weigh heavily on the cryptocurrency market on Friday, prompting major assets like Bitcoin (BTC) to pare earlier gains and extend losses after June’s brief relief rally.

Bitcoin Weekly Forecast: Recovery hopes fade after the Fed spoils the party

Bitcoin is set to end the week in the red, trading near the 200-Week Simple Moving Average at around $62,300 on Friday. Institutional selling persists, capping BTC’s recovery as spot Exchange Traded Funds point to a sixth consecutive week of outflows.

Sui risks a deeper bearish leg despite on-chain resilience

Sui is down 2% on Friday, extending its decline toward the recent support leg formed at $0.6618. The Total Value Locked in the Sui ecosystem has stabilized around 600 million SUI tokens, reflecting resilient user demand.

Bitcoin: Recovery hopes fade after the Fed spoils the party

Bitcoin (BTC) is set to end the week in the red, trading near the 200-Week Simple Moving Average (SMA) at around $62,300 on Friday. Institutional selling persists, capping BTC’s recovery as spot Exchange Traded Funds (ETFs) point to a sixth consecutive week of outflows.