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Cryptocurrencies Price Prediction: Ripple, Bitcoin & Crypto – European Wrap 2 April

Cryptocurrencies Price Prediction: Ripple, Bitcoin & Crypto – European Wrap 2 April
FXStreet TeamFXStreet TeamFXStreet

Ripple Price Forecast: XRP retests $1.30 support amid volatile on-chain activity

Ripple (XRP) is trading near $1.30 at the time of writing on Thursday, as Iran's war-driven sentiment weighs on risk assets. XRP’s attempt to regain momentum this week stalled near $1.37 on Monday, reflecting risk-off sentiment amid capital exiting digital investment products.

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Bitcoin tumbles with risk assets as Trump’s Iran stance revives Oil and yield fears

Bitcoin is tumbling on Thursday alongside broader risk assets after President Trump’s overnight address signalled a harder line on Iran and renewed fears of a prolonged conflict. Bitcoin is down almost 3% to around $66.5K. 

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Crypto Today: Bitcoin, Ethereum, XRP technicals deteriorate amid war-driven risk-off sentiment

Bitcoin (BTC) edges lower below $67,000 at the time of writing on Thursday, reflecting the risk-off sentiment in the broader cryptocurrency market driven by the Iran war.

Ethereum (ETH) follows suit, with the price slipping toward the pivotal $2,000 level, while XRP declines, nearing support at $1.30. The risk-off sentiment gripping the market has spread, as evidenced by capital exiting digital investment products.

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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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Cardano Price Forecast: Weak momentum puts ADA recovery at risk

Cardano Price Forecast: Weak momentum puts ADA recovery at risk

Cardano is trading below $0.222 on Thursday after failing to sustain gains above the 50-day Exponential Moving Average near $0.228 the previous day. Weakening derivatives metrics and fading bullish momentum continue to weigh on sentiment, while a break below the 100-day EMA could push ADA lower. Derivatives data shows a cautious outlook for Cardano.

Ripple and Stellar outlook: XRP and XLM recovery stalls below EMAs

Ripple and Stellar outlook: XRP and XLM recovery stalls below EMAs

Ripple and Stellar remain under pressure on Thursday as both struggle to sustain their recent recovery attempts. XRP trades below $1.36, while XLM slips beneath $0.183, as mixed derivatives metrics, weakening momentum indicators and heating market conditions suggest cautious market sentiment. Derivatives data shows weakening conditions for Ripple and Stellar.

Zcash Price Forecast: ZEC reclaims $1,300 as ETF inflow hits 30-day high

Zcash Price Forecast: ZEC reclaims $1,300 as ETF inflow hits 30-day high

Zcash price hovers above $1,300 on Thursday, sustaining its 15% gains so far this week with three straight days of recovery. Institutional and retail appeal is returning, with over $15 million in inflows recorded on Wednesday and ZEC futures Open Interest rising to a 30-day high of $2.89 billion. The technical outlook for ZEC indicates an upside bias as recovery gains traction.

Bitcoin derivatives improve, but $87,000 sell wall looms

Bitcoin derivatives improve, but $87,000 sell wall looms

Bitcoin (BTC) showed signs of recovery on Wednesday as derivatives positioning improved, but sell risk grew between $86,500 and $87,500, where sell orders and leveraged liquidation clusters could limit further gains.
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.