Cryptocurrencies Price Prediction: Polkadot, Bitcoin & Ripple — Asian Wrap 21 Feb

FXStreet Team FXStreet

Polkadot price sees positive divergence spelling bullish outlook for next week

Polkadot is set to close the week with a clear rejection from the upside at $20.50. With the start of a new week, the price looks set to stay above $17, as the downtrend is still intact for now. Expect a bullish breakout as bulls keep buying the dips and are set to a 100% gain.

Bitcoin bulls get pushed against monthly pivot, but $50,000 is still on the card for next week

Bitcoin price takes heavy water as the ship is caught in a storm on financial waters. Next week, the BTC price looks set to jump to $50,000 in two phases, depending on a relief rally. In the process, market participants can make a small 20% gain.

XRP keeps its eyes on $1.00, a 25% profitable trade

Ripple (XRP) price action saw a solid bounce off the 55-day Simple Moving Average but got a rejection earlier in the week against the green ascending trend line at $0.86. As both sides get served, expect the price to get squeezed in from both sides with a breakout for next week that could go to $1.00 depending on the positive news and de-escalation in Ukraine.

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FXStreet Team

FXStreet

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Top 3 Price Prediction: BTC consolidates gains, ETH defends support, XRP nears breakout trigger

Bitcoin, Ethereum and Ripple begin the week on a constructive note as the top three cryptocurrencies attempt to extend rebounds after recovering nearly 4%, 2% and 2.6%, respectively. BTC steadies around $65,600, ETH continues to hold firmly above the key $1,700 support, while XRP nears the upper boundary of the falling channel pattern.

Ethereum Price Forecast: ETH struggles below $1,700 amid subdued on-chain users and capital outflows

Ethereum rises, albeit gradually, toward $1,700. The smart contract token reflects a marginal increase in buyers seeking to re-engage at lower price levels, following the massive drawdown from mid-May, which was largely driven by geopolitical tensions in the Middle East and macroeconomic uncertainty.

XRP clings to support as derivatives interest cools

Ripple hangs on to $1.14 support, extending its rebound from its early-week support at $1.10 and June’s low of $1.05. Maintaining this short-term support level is vital for the remittance token to preserve its bullish momentum, with a decisive breakout above $1.20 likely to signal further upside potential.

Crypto Today: Bitcoin, Ethereum, XRP recovery slows amid incessant capital outflows

The cryptocurrency remains in a broader corrective bias on Friday, despite majors such as Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) holding slightly higher than early-week support levels. Bitcoin hovers around $63,500 amid a capped upside. Ethereum eyes a breakout past $1,700, while XRP hovers above $1.40.

Experts agree: Bitcoin nears bottom, but weak demand raises doubts

Bitcoin (BTC) is trading above $63,000 at the time of writing on Friday after rebounding from the key 200-week Simple Moving Average (SMA) near $62,000, a level widely viewed as key long-term support. The recovery may suggest that Bitcoin has found a floor after a sharp correction that spanned more than a month, but some warning signs persist.