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

FXStreet Team FXStreet

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

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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 has remained under pressure this past week, losing over 5% as traders assess mixed signals from different parties involved in the Middle East conflict.