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Cryptocurrencies Price Prediction: Ripple, Ethereum and Shiba Inu – European Wrap 20 September

Ripple attorney comments SEC’s lawsuit is ‘just noise,’ as XRP price plans a 50% rally

XRP price shows a resurgence of buying pressure as it takes multiple jabs at a crucial resistance level. The recent sell-off seems to have been undone by buyers pushing the remittance token’s market value higher. Investors can expect an explosive move after bulls overcome the hurdle. 

XRP/USD 12-hour chart

Ethereum price attempts to recover recent losses

Ethereum price aims to kick-start a bounce, but Bitcoin’s lack of volatility has kept it pinned down. Investors should stay focused on BTC, therefore, so as to spot and jump on the next opportunity to ride the bullish ETH wave.

ETH/USD 12-hour chart

Shiba Inu price knows it is time to say its goodbyes to $0.00001

Shiba Inu (SHIB) price has briefly been flirting with the possible start of a bull run, but with bulls dropping the ball due to dollar strength in September, has instead suffered a back-to-school moment. Since the beginning of the month, key levels have been given up, with the biggest at $0.00001209. Another leg lower looks to be granted as the Swedish Riksbank sets the market tone with a supersized 100 bp hike, which, should the Fed do the same on Wednesday, trigger a massive sell-off in cryptocurrencies on the back of even more dollar strength.
SHIB/USD Daily chart

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XRP recovery stalls as Ripple and Robinhood expand partnership scope

Technically, XRP is still in the woods, with the 50-day EMA limiting the token’s recovery potential. Ripple (XRP) faces short-term hurdles, trading around $1.33 on Wednesday.

Bitcoin reclaims $81,000 as traders await Fed policy decision, Big Tech earnings

Bitcoin reclaims $81,000 on Wednesday, extending its recovery as investors await the Fed’s policy decision and upcoming Big Tech earnings. Spot Bitcoin ETFs record an inflow of $175.99 million on Tuesday, marking a second consecutive day of inflows.

Crypto Today: Bitcoin, Ethereum, XRP recover ahead of Fed decision

Bitcoin has renewed its advance above $81,000 on Wednesday, lifting sentiment across the cryptocurrency market ahead of the upcoming Fed's interest rate decision. Ethereum follows in Bitcoin’s footsteps. Ripple is similarly edging higher above $1.33.

Pi Network stalls as Core Team expands investment fund to Axis Robotics

Pi Network hovers around $0.0766 on Wednesday, holding steady after a roughly 2% rebound on Monday. Axis Robotics officially confirmed that it has received seed investment from Pi Ventures, which focuses on the technical integration of AI and robotics.

Bitcoin extends pullback as ETF inflows clash with risk-off sentiment

Bitcoin remains under pressure, trading around $81,800 on Friday, recording modest losses so far this week. Despite a mild pullback, institutional demand showed signs of a comeback with spot Exchange Traded Funds recording $442.67 million in net inflows through Thursday.