Cryptocurrencies Price Prediction: Ripple, Ethereum & Bitcoin — Asian Wrap 08 Mar

FXStreet Team FXStreet

XRP price confirms strong short signal but bears fail to follow through

XRP price action shows a confirmed Ideal Bearish Ichimoku Breakout on the daily chart. However, bears failed to follow through, which may be due to some stubborn bullish pressure preventing a move lower. As a result, bullish conviction is now being tested, and so far, it appears to be waning.

Ethereum price flirts with a downswing to $2,300

Ethereum price action is now at the most bearish since December 13, 2021. If bears confirm the current breakout, sub $2,000 price levels are imminent. Ethereum price confirmed and Ideal Bearish Ichimoku Breakout on Friday with a close below the Ichimoku Cloud.

Bitcoin panic selling to $30,000 likely if BTC fails to hold this support level

Bitcoin price continues to show very bearish signals that downside pressure is likely to continue. However, early warning signs of a bullish reversal continue to play out despite the current bearish technicals. Bitcoin price confirmed and Ideal Bearish Ichimoku Breakout on Saturday.

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Arthur Hayes' “Holy Trinity” is dead: Exits Zcash after Orchard Pool exploit

Arthur Hayes has entirely dumped his “Holy Trinity” holdings by offloading his Zcash holdings on Friday. The selling reflects Hayes meticulously trimming his crypto holdings after the sale of Hyperliquid and NEAR Protocol on Thursday.

Top 3 Price Prediction: BTC eyes $60,000, ETH risks $1,750, XRP could test $1

Bitcoin, Ethereum, and Ripple prices edge lower on Friday, extending a steady decline of roughly 15% so far this week. Institutional outflows weigh on Bitcoin and Ethereum while XRP largely follows the broader market trend.

DeFi hack losses drop 80% from 2022 peak as security defenses improve — Immunefi

Losses from decentralized finance exploits have fallen by 80% since reaching a record high in 2022, according to a report released by Immunefi. The report found that DeFi protocol losses declined from $2.62 billion in 2022 to $534 million in 2024.

Ethereum Price Forecast: BitMine's Strategy-inspired stock offering likely to fuel ETH purchases

Ethereum (ETH) is down more than 1.7% over the past 24 hours on Thursday, extending its weekly decline by 12% despite positive feedback following Ethereum treasury firm BitMine Immersion Technologies' (BMNR) plan to launch a Series A Perpetual Preferred Stock.

Billions in ETF outflows don’t bode well

Bitcoin (BTC) remains under pressure, trading below $74,000 on Friday, and is set to post its third consecutive week of losses. The institutional sell-off continues, with spot BTC Exchange-Traded funds (ETFs) recording billions in outflows. In addition, sticky inflation and macroeconomic headwinds suppress the Crypto King’s upside potential. Institutional demand continues to weaken so far this week.

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