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Cryptocurrencies Price Prediction: Ripple, Bitcoin & Litecoin — Asian Wrap 02 June

Pro-XRP lawyer: Ripple losing the SEC lawsuit might be a blessing in disguise

XRP price made a decent recovery in the month of May, fueled by Ripple's chances of winning the lawsuit it is facing against the Security and Exchange Commission (SEC). The cryptocurrency has amassed a huge base of supporters, which might potentially expand further regardless of the outcome.

Bitcoin price struggles below $27k while NASDAQ hits a 13-month high

Bitcoin price has had a pretty good run since the beginning of the year despite its ups and downs, but one of the most notable achievements was its decoupling from the stock markets. Although BTC initially experienced benefits from this, the past few days may seem to hold a contrary viewpoint.

Litecoin price stands less than 10% away from charting new 2023 highs

Litecoin price is performing better than many of the cryptocurrencies in the crypto market at the moment as the digital asset attempts to recover the losses observed towards the end of April. While this bullishness is currently speculated to be from the halving scheduled to take place in August, there is a potential buying signal being observed as well. 

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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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XRP recovery faces resistance as derivatives demand cools

XRP holds support at the 50-day EMA, but the 200-day EMA may limit recovery. XRP bulls battle to regain control, while momentum indicators remain downward, weighing on price action.

Crypto Today: Bitcoin, Ethereum, XRP stabilize defying macro headwinds and ETF outflows

Bitcoin is showing resilience, trading up above $76,000 on Thursday. The uptick follows the US Fed decision that hiked interest rates the day before. Meanwhile, ETH gains momentum toward $2,500, suggesting the return of bulls as macro headwinds settle.

Bitcoin extends cautious rebound as ETF outflows, hawkish Fed risks cap upside potential

Bitcoin extends rebound trading above $76,500 on Thursday after a mild recovery the previous day. The Fed’s hawkish outlook, alongside escalating Middle East tensions, could limit BTC upside potential.

Top Altcoins Price Forecast: Ripple, Cardano, Dogecoin – Downside risk looms amid market uncertainties

Ripple edges higher to $1.30 on Thursday, supported by its 50-day EMA at $1.28. Cardano holds near the short-term support trendline, with bulls attempting to reclaim the 50-day EMA at $0.1994.

Bitcoin: BTC retreats as macro headwinds grow
Bitcoin (BTC) remains under pressure, down over 4% this week and trading around $76,900 at the time of writing on Friday. Institutional demand shows signs of weakness as spot BTC Exchange Traded Funds (ETFs) are on track to end their three-week inflow streak, recording nearly $500 million in net outflows through Thursday.