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Cryptocurrencies Price Prediction: Optimism, Stellar & Bitcoin Cash — Asian Wrap 13 September

Cryptocurrencies Price Prediction: Optimism, Stellar & Bitcoin Cash — Asian Wrap 13 September
FXStreet TeamFXStreet TeamFXStreet

OP investors in profit relax as Optimism price exhibits recovery rally signal

Optimism price bounced back over the past day after noting a two-month low. The altcoin is exhibiting bullish signals. However, its bullish bias might face some resistance if the short-term investors decide to exit to prevent any potential losses going forward.

Stellar price eyes 10% fall despite growing social metrics

Stellar (XLM) token has indicated strong volatility over the last few months, with the price action consolidating within a triangle pattern. As the technical formation fills up, XLM is likely to break below from a technical standpoint, despite social metrics indicating growing popularity.

Bitcoin Cash price peeks 15%, liquidates millions in short positions amid Franklin Templeton ETF hype

Bitcoin Cash (BCH) price skyrocketed on September 12, outperforming most altcoins in a striking move considering the current lull in the cryptocurrency market. BCH even outperformed Bitcoin (BTC) price, from which it is forked, with momentum indicators suggesting a continued uptrend. The rally comes on the back of the ongoing Bitcoin Spot Exchange-Traded Fund (ETF) applicant.

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FXStreet Team

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.

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Pi Network extends consolidation as bulls eye $0.10

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Pi Network price holds steady on Friday, maintaining a consolidating tone for three consecutive days. Mild retail strength in the PI token remains stable, with Open Interest above $9 million, while social buzz eases.

Bitcoin Weekly Forecast: Hormuz uncertainty clouds BTC outlook

Bitcoin Weekly Forecast: Hormuz uncertainty clouds BTC outlook

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Crypto Today: Bitcoin, Ethereum, and Ripple risk steeper correction as bearish pressure mounts

Crypto Today: Bitcoin, Ethereum, and Ripple risk steeper correction as bearish pressure mounts

Bitcoin trades below $63,000 on Friday, projecting a downside bias as selling pressure resurfaces. Ethereum and Ripple also take a bearish path, risking a drop below the 50-day Exponential Moving Average at $1,856 and the $1.00 psychological support, respectively.

Bitcoin SV Price Forecast: BSV hits three-month high, eyeing 200-day EMA breakout

Bitcoin SV Price Forecast: BSV hits three-month high, eyeing 200-day EMA breakout

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Bitcoin: Hormuz uncertainty clouds BTC outlook

Bitcoin: Hormuz uncertainty clouds BTC outlook

Bitcoin (BTC) trades around $62,900 at the time of writing on Friday, down over 3% so far this week amid cautious institutional demand and persistent geopolitical uncertainty. While BTC shows signs of stabilization, elevated Oil prices and tensions in the Strait of Hormuz continue to weigh on risk sentiment, keeping the Crypto King’s near-term outlook under pressure.