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Cryptocurrencies Price Prediction: Ripple, Enjin & Stellar Lumens — Asian Wrap 30 Apr

XRP price fortifies rebound while rumors of a Ripple IPO surface

XRP price sketching a bullish inverse head-and-shoulders pattern on the intra-day charts. All key moving averages remain in uptrends, supporting rebound continuity. Ripple investor endorses rumors of Ripple going public after SEC case resolution.

Enjin Coin price rally secures foothold while ENJ calmly consolidates

Enjin price strength has made ENJ one of the more notable cryptocurrencies since April 23, registering a 75% gain from the absolute low and, more importantly, installing it in a stronger position to attack the all-time high in the coming weeks.

XLM Price Prediction: Stellar technicals converge for a 30% decline

XLM price activated a head-and-shoulders top pattern on April 22. Weekly MACD readying to trigger sell signal. Upside potential blocked by the 361.8% Fibonacci extension of 2019-2020 bear market. XLM price is attempting to recover the 43% decline, but the weekly technicals converge with a bearish bias, recommending a patient approach.

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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.