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Cryptocurrencies Price Prediction: PI, Ripple & Crypto – European Wrap 20 October

Cryptocurrencies Price Prediction: PI, Ripple & Crypto – European Wrap 20 October
FXStreet TeamFXStreet TeamFXStreet

Pi Network price forecast: PI extends losses as social interest declines

Pi Network (PI) is down nearly 2% on Tuesday, extending the previous day’s losses and risking an extended decline toward its record low of $0.0704. PI token’s social dominance score is down to a six-month low, suggesting reduced social interest. The technical outlook for the PI token is bearish as the correction phase gains momentum.

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Ripple Price Forecast: XRP slips below $1.30 as sellers tighten grip

Ripple (XRP) hovers below $1.30 on Tuesday, held down by a weakening technical structure. The broader crypto market remains bearish ahead of the Federal Reserve’s (Fed) October 28 monetary decision. Last week's Consumer Price Index (CPI) report confirmed that inflation in the United States (US) remains elevated, casting doubt on the higher-probability view that the central bank will leave interest rates unchanged in the 3.75-4.00% range.

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Crypto Today: Bitcoin, Ethereum, XRP tick lower amid mixed ETF flows

Bitcoin (BTC) is trading above $81,000 on Tuesday, aligning with a lethargic tone in the broader cryptocurrency market. The support range between $80,000-$81,000 reinforces the prevailing stability and consolidation, prompting institutional inflows.

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Ripple recovery runs into headwinds amid fading retail and institutional interest

Ripple recovery runs into headwinds amid fading retail and institutional interest

Ripple (XRP) holds slightly above $1.30 on Monday, with short-term recovery prospects fading. Strong structural resistance toward $1.40 continues to cap upside, raising the risk of further downside below $1.30.

Crypto Today: Bitcoin, Ethereum, XRP extend recovery despite ETFs outflows

Crypto Today: Bitcoin, Ethereum, XRP extend recovery despite ETFs outflows

Bitcoin edges higher above $82,000, building strong structural support despite roughly $229 million in ETF outflows last week. Ethereum recovers above $2,400 as bulls strive to regain trend control, backed by a subtle recovery in momentum indicators.

Pi Network Price Forecast: Weak momentum and waning demand reinforce downside bias

Pi Network Price Forecast: Weak momentum and waning demand reinforce downside bias

Pi Network edges lower on Monday, risking a bearish conclusion to its short-term consolidation above the $0.0774 horizontal support. A steady decline in the notional value of active PI futures contracts and the weekly spot trading volume suggests reduced retail demand.

Zcash Price Forecast: Downside risk looms as ETF outflows and falling Open Interest weigh

Zcash Price Forecast: Downside risk looms as ETF outflows and falling Open Interest weigh

Zcash (ZEC) edges higher on Monday after three consecutive weeks of bearish closes totaling roughly 30% losses. The privacy coin is losing institutional confidence with three straight weeks of outflows, while retail speculation eases as ZEC futures Open Interest declines to a 30-day low.

Bitcoin: Macroeconomic headwinds, cooling demand cap BTC gains

Bitcoin: Macroeconomic headwinds, cooling demand cap BTC gains

Bitcoin (BTC) extends losses this week, trading below $82,500 as of Friday as selling pressure continues. Weakening institutional demand supports this pullback as BTC spot Exchange-Traded Funds (ETFs) are on track to record a two-week withdrawal streak, reaching $146.19 million in net outflows through Thursday.