Cryptocurrencies Price Prediction: Ripple, Bitcoin & Monero – European Wrap 16 February

Ripple Price Forecast: XRP consolidates as mixed signals prevail

Ripple (XRP) is trading in a narrow range between $1.45 (immediate support) and $1.50 (resistance) at the time of writing on Monday. The remittance token extended its recovery last week, peaking at $1.67 on Sunday from the weekly open at $1.43. 

Last week's United States Consumer Price Index (CPI) report showed that inflation eased in January, fuelling optimism for at least two interest rate cuts by the Federal Reserve (Fed) in 2026. The increased likelihood of rate cuts tends to favor risk assets such as XRP, but the market's overall risk-off tone continues to weigh on the token.

Bitcoin Price Forecast: BTC consolidates as on-chain data show mixed signals

Bitcoin (BTC) price is trading sideways around $68,800 at the time of writing on Monday, within a defined range over the past nine days, with no clear directional bias. Institutional demand continues to weaken, with spot Exchange-Traded Funds (ETFs) recording a fourth consecutive week of outflows, signaling fading institutional investor interest. Meanwhile, on-chain data signals mixed signals, suggesting the Crypto King could remain in a consolidation phase as traders await a decisive catalyst.

Institutional demand for Bitcoin continued to weaken last week. SoSoValue data shows that spot Bitcoin ETFs recorded total outflows of $359.91 million last week, marking the fourth consecutive week of withdrawals. If this trend continues and intensifies, BTC could see further correction.

Monero Price Forecast: XMR risks a drop below $300 under mounting bearish pressure

Monero (XMR) starts the week under pressure, recording a 4% decline at press time on Monday after a 7% drop the previous day, putting the $300 support zone in focus. The privacy coin is losing retail strength, with the recent slide wiping out roughly $240,000 in Monero derivatives over the last 24 hours. The technical outlook indicates downside risk, with a lower leg potentially crossing below $300. 

Monero bulls are under extreme pressure, as CoinGlass data show long liquidations totaling $239,480, significantly higher than short liquidations of $693.22 over the last 24 hours. This indicates a primarily long-side-focused wipeout driven by declining XMR spot prices.