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

FXStreet Team FXStreet

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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XRP steadies above $1.90 support as fund inflows and retail demand rise

Ripple (XRP) is stable above support at $1.90 at the time of writing on Monday, after several attempts to break above the $2.00 hurdle failed to materialize last week. Meanwhile, institutional interest in the cross-border remittance token has remained steady.

Cardano struggles to extend gains as retail interest wanes despite Midnight's NIGHT token launch

Cardano ticks higher after a bearish weekend, struggling to extend an upcycle within a descending wedge pattern. On-chain data shows an increase in trading volume and user activity after the Midnight side chain token launch.

Crypto Today: Bitcoin, Ethereum recover as XRP remains supported by ETF inflows

Bitcoin is trending up toward the pivotal $90,000 level at the time of writing on Monday, which marks four consecutive days of gains. Altcoins, including Ethereum and Ripple, are also rebounding above key short-term support levels.

Bitcoin nears $90,000 as recovery hopes clash with institutional outflows

Bitcoin is approaching the $90,000 resistance level at the time of writing on Monday, raising hopes of a short-term recovery. However, the bullish recovery is being challenged by weakening institutional demand, as evidenced by outflows from Spot ETFs.

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Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.

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