Cryptocurrencies Price Prediction: Ripple, Apecoin & Ethereum — Asian Wrap 05 October

FXStreet Team FXStreet

Why patience will help provide a better entry for XRP investors

XRP price consolidates within an ascending parallel channel. RIpple price shows less volume than the previous bull run, while the Relative Strength Index shows resistance. Invalidation of the countertrend thesis is a breach above $0.51.

ApeCoin price is likely to fall flat towards $4 for these reasons

ApeCoin price shows resistance under two crossing moving averages. APE price shows a tapering look on the Volume Profile pattern but breached extremely oversold territories on the Relative Strength Index. Invalidation of the bear trend remains at $6.15.

Ethereum breaches 11-month-old resistance as Fidelity raises $5 million with its new ETH Index Fund

The Ethereum Index Fund from Fidelity warranted a minimum investment of $50,000, with total sales reaching $5 million. The asset manager’s new Index Fund will track the Fidelity Ethereum Index PR and is only available to accredited investors.

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Ripple falls below $1.20 despite Africa stablecoin payments push

XRP corrects to trade below $1.20 following early-week rejection at $1.28 and broader crypto market weakness. XRP remains under pressure from declining major moving averages, undermining the MACD buy signal.

Crypto Today: Bitcoin, Ethereum, XRP trim breakout gains as focus shifts to Fed decision

Cryptocurrency prices broadly decline as investors show caution toward risk assets ahead of the Fed's interest rate decision on Wednesday. Bitcoin (BTC) holds around $65,000 after correcting from its Monday high of $67,292.

Ondo Price Forecast: Multiple trendline rejections, fading bullish momentum warn of a steeper correction

Ondo price hovers around $0.3700 at press time on Wednesday, maintaining a broader corrective phase under the influence of a resistance trendline. Retail demand for ONDO remains firm, driven by the tokenization trend for traditional stocks and other Real World Assets.

Bitcoin steadies near $66,000 as markets await first Warsh-led Fed decision

Bitcoin steadies near $66,000 at the time of writing on Wednesday as investors await the Fed’s interest rate decision. Institutional demand shows slight improvement as spot Exchange Traded Funds recorded a mild inflow on Tuesday, after weeks of outflows.

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.