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Cryptocurrencies Price Prediction: Riplle, Bitcoin & Ethereum – Asian Wrap 22 Mar

Cryptocurrencies Price Prediction: Riplle, Bitcoin & Ethereum – Asian Wrap 22 Mar
FXStreet TeamFXStreet TeamFXStreet

Ripple Price Analysis: XRP extends losses following failure to cross $0.5500 hurdle

Ripple bears return to the table after a miss in crossing the $0.5500 hurdle, currently down 2.94% to $0.5030, during early Monday. In doing so, the altcoin sellers attack the previous key resistance line from February 01 amid downbeat RSI.

Bitcoin Price Prediction: BTC bears await confirmation to recall sub-$50,000 levels

Bitcoin bulls seem tiring as the quote wavers around $57,750 during early Monday. In doing so, the cryptocurrency major teases a bearish chart formation, rising wedge, which becomes critical to follow, if confirmed, near the top. Seven-week-old support line can offer intermediate halt during further downside, $60,000 guards immediate upside.

Ethereum Price Prediction: ETH eyes a 40% bull rally

Ethereum price shows signs of reduced volatility as it hugs a demand barrier closely. This level could bring about massive gains or trigger a steep correction. On the 1-day chart, Ethereum price has been trudging close to a support level at $1,744, coinciding with the 78.6% Fibonacci retracement level. 

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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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Ripple extends losses as derivatives interest cools

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

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 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 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: 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.