Cryptocurrencies Price Prediction: Litecoin, Ripple & Cryptos – American Wrap 30 August

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Litecoin price is set for a decline after it fails to close above resistance barrier

Litecoin (LTC) price failed to close above the 50-day Exponential Moving Average (EMA) around $66. At the time of writing, it trades slightly down by 1% at $61.96 on Friday. Moreover, LTC's long-to-short ratio paints a bearish picture as it stands below one.

Ripple CTO slams users suggesting XRP giveaway, altcoin dips to $0.55

Ripple (XRP) Chief Technical Officer (CTO) David Schwartz addressed concerns about token giveaways by the cross-border payment remittance firm.

Crypto Today: TRON sees massive spike in trade volume on DEXes as Bitcoin, Etheruem, XRP see slight gains

Bitcoin hovers around $59,500 on Friday. The cryptocurrency suffered a 7.41% decline this week, down from Monday’s open of $64,219.

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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.