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Cryptocurrencies Price Prediction: Ripple, DeXe & Ehtereum – Asian Wrap 07 July

Cryptocurrencies Price Prediction: Ripple, DeXe & Ehtereum – Asian Wrap 07 July
FXStreet TeamFXStreet TeamFXStreet

Ripple and Stellar outlook: XRP stalls at key resistance, XLM rally loses steam

XRP price trades at $1.1393 on Tuesday, maintaining a bearish near-term tone as it remains below the 50-day Exponential Moving Average (EMA) at $1.1820, the 100-day EMA at $1.2834 and the longer-term 200-day EMA at $1.4912. The downward parallel channel offers a modicum of structure, with price holding above its lower band around $1.1054, while the Relative Strength Index (RSI) hovers near a neutral 51, and the Moving Average Convergence Divergence (MACD) stays in positive territory but shows a slight loss of momentum, hinting at a capped recovery rather than a decisive trend reversal.

Crypto Market Overview: Bitcoin loses steam around $63,000 – DeFi tokens rally

DeXe trades above $27 at press time on Tuesday, extending its bullish run as price holds well above both the 50-day EMA at $19.42 and the 200-day EMA at $12.36. This stacked configuration of short- and long-term EMAs below the market suggests a firmly supported uptrend. The RSI near 69 hints at strong, borderline overbought momentum, while the MACD extends higher into the positive territory, reinforcing the constructive bias.

Ethereum Price Forecast: BitMine expands ETH accumulation amid crypto treasury pressure

Ethereum (ETH) treasury firm BitMine Immersion Technologies (BMNR) scooped 42,197 ETH last week, extending its weekly accumulation streak of the top altcoin. The purchase has pushed the company's total ETH holdings to 5.74 million ETH worth roughly $10.27 billion at the time of writing.

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Ripple defends 50-day EMA as Standard Chartered launches RLUSD custody

Ripple defends 50-day EMA as Standard Chartered launches RLUSD custody

Ripple is coming under intense selling pressure, trading around $1.40 on Monday. The remittance token appears to lack the required tailwind to sustain its recovery, while broader crypto market headwinds weigh on price action.

NEAR Protocol rally stalls below $6 amid firm ETF inflows

NEAR Protocol rally stalls below $6 amid firm ETF inflows

NEAR Protocol is down 3% at press time on Monday, ticking lower after rallying 30% over the last three days as buying pressure eases. The recovery aligns with Bitwise’s NEAR-focused ETF recording its second weekly inflow of over $13 million last week.

Bitcoin struggles as ETF outflows, geopolitical uncertainty weigh

Bitcoin struggles as ETF outflows, geopolitical uncertainty weigh

Bitcoin steadies around $83,600 at the time of writing on Monday, after a 3.1% decline last week. Institutional demand shows weakening signs, with spot ETFs recording $681.10 million in net outflows last week, ending a three-week streak of inflows.

Crypto Today: Bitcoin, Ethereum and XRP face recovery headwinds as ETF outflows weigh

Crypto Today: Bitcoin, Ethereum and XRP face recovery headwinds as ETF outflows weigh

Cryptocurrency prices are broadly consolidating on Monday, with select tokens such as Ethereum slowly edging higher above $2,500. Bitcoin holds above $84,000 as bulls battle seller congestion, while Ripple consolidates around $1.40.

Bitcoin: Uptober or Rektober?

Bitcoin: Uptober or Rektober?

Bitcoin (BTC) price is down over 4% so far this week, trading below $83,000 at the time of writing on Friday as mounting selling pressure threatens to derail the seasonal “Uptober” rally. Profit-taking, a surge in long liquidations and weakening demand from institutional investors are weighing on BTC.