Cryptocurrencies Price Prediction: Ripple, Crypto.com & Binance Coin — Asian Wrap 23 December

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XRP Price Prediction: Bulls vs. Bears - Last trade of the year

XRP price shows bears in control of the trend. Still, high-cap investors seem almost certain of a countertrend spike in the coming weeks. This thesis remains neutral but identifies how to engage in a bearish and bullish scenario. XRP price is subdued as the bears have revolted against the bullish countertrend rally established earlier in the month.

Crypto.com Price Prediction: Investors on edge as bears aim for new all-time lows

Crypto.com price may be setting up for an end-of-the-year decline. CRO will need to display tremendous strength to alter the bearish bias.Crypto.com price may be hanging on the edge of a cliff. On December 22, the CRO price is at a 12% loss of market value since the start of the month. The Ethereum-based cryptocurrency exchange token has hovered above a descending trend channel for several weeks.

Binance continues asset de-listing spree as crypto winter bites hard, is relief coming in 2023?

Binance, the world’s largest exchange by daily traded volume, has been on a de-listing spree this week. The exchange’s terms of service say the company reserves the right to de-list any asset to ensure the best user experience. For this reason, Binance undertakes periodical reviews that allow it to remove tokens that don’t meet the threshold, especially on trading volumes.

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FXStreet Team

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Ripple nears lifeline support as macro risks intensify

Ripple continues to face significant selling pressure, sliding below $1.10 at the time of writing on Wednesday. This decline mirrors the broader weakness in the crypto market, exacerbated by mounting macroeconomic headwinds and persistent geopolitical uncertainties.

Crypto Today: Bitcoin, Ethereum, XRP trade under pressure as September Fed rate-hike odds increase

Bitcoin is trading between $62,000 and $63,000 at the time of writing on Wednesday, weighed down by headwinds stemming from macroeconomic uncertainty and geopolitical tensions in the Middle East, especially as the US and Iran continue to offer conflicting accounts of the nuclear discussions.

Cardano vulnerable to deeper losses amid SecondFi exploit

Cardano price hovers below $0.1500 at press time on Wednesday, extending a refreshed bearish impulse move of over 20% in the last nine days. The exploitation of the Cardano ecosystem’s SecondFi wallet-generation software, resulting in a loss of about 16 million ADA, weighs on retail strength.

Bitcoin struggles as institutional demand remains weak

Bitcoin remains under pressure, trading around $62,700 on Wednesday after losing 2% the previous day. Persistent institutional selling, with spot Exchange Traded Funds (ETFs) recording outflows on Tuesday, continues to weigh on BTC.

Bitcoin: Recovery hopes fade after the Fed spoils the party

Bitcoin (BTC) is set to end the week in the red, trading near the 200-Week Simple Moving Average (SMA) at around $62,300 on Friday. Institutional selling persists, capping BTC’s recovery as spot Exchange Traded Funds (ETFs) point to a sixth consecutive week of outflows.