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

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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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FXStreet Team

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Top Altcoins Price Forecast: XRP and ADA rebound as DOGE lags behind

The broader cryptocurrency market shows early signs of a bullish recovery, with Bitcoin rising above $65,000 amid improving retail sentiment. Top altcoins, including Ripple and Cardano, are gaining bullish momentum, while Dogecoin continues to consolidate, holding above a crucial support zone.

Ripple and Stellar outlook: Mixed signals keep traders at a crossroads

Ripple and Stellar trade within tight ranges as traders await the next directional move. XRP’s technical indicators suggest bearish momentum is fading, while XLM continues to consolidate near a critical support zone. Mixed derivatives metrics highlight growing market indecision, raising the likelihood of a volatile breakout in either direction in the coming days.

Shiba Inu Price Forecast: Extends gains as on-chain and derivatives metrics confirm bullish bias

Shiba Inu extends gains, trading above $0.0000042 after breaking above the descending trendline the previous day. Strengthening on-chain data and improving derivatives metrics support further gains for the meme coin. CryptoQuant’s exchange netflow chart below shows five consecutive days of net outflows since July 17.

Bitcoin climbs above $65K as ETF flows recover despite rising macro risks

Bitcoin (BTC) has climbed above $65,000 on Monday as improving onchain activity, recovering US spot Bitcoin exchange-traded fund (ETF) flows, and stabilizing derivatives point to a more balanced market, according to Glassnode.

Bitcoin’s potential recovery in the second half hinges on these 4 catalysts

Bitcoin (BTC) has fallen over 34% in the first half of this year as the King Crypto failed to capitalize on a good semester for risk assets despite the woes from the Iran war.