Cryptocurrencies Price Prediction: Ripple, DEXE & Ethereum – Asian Wrap 23 June
Ripple and Stellar outlook: Under selling pressure as cautious sentiment raises downside risks
XRP price trades at $1.128 on Tuesday after being rejected from the upper boundary of the falling channel in the previous week. XRP remains under clear bearish pressure, holding well below the 50-day, 100-day, and 200-day Exponential Moving Averages (EMAs) at $1.248, $1.345, and $1.552, respectively, reinforcing a downside bias. At the same time, the price stays capped beneath this bearish stack.
Crypto Overview: Bitcoin holds steady as ETF outflows decline – DEXE and TIA extend gains
DeXe is up over 18% on Tuesday, extending its 32% rise from the previous day. DEXE holds well above the 50-day EMA around $16.13 and the 200-day EMA near $10.67, approaching the June 3 high at $24.49. The RSI near 60 suggests positive but not overstretched momentum even as the MACD line rises toward its signal line for a potential bullish crossover, hinting at a moderating bullish impulse rather than outright exhaustion.
Ethereum Price Forecast: Ethlabs launches as new ecosystem steward funded by BitMine, SharpLink
Ethereum (ETH) treasuries BitMine Immersion (BMNR) and SharpLink (SBET), alongside co-founder Joe Lubin, have partnered to fund Ethlabs, a new research and development lab for the smart contract blockchain. Co-founded by five former Ethereum Foundation (EF) senior researchers, Ansgar Dietrichs, Barnabé Monnot, Caspar Schwarz-Schilling, Josh Rudolf and Julian Ma, Ethlabs' work focuses on making Ethereum robust for institutional adoption.
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