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Cryptocurrencies Price Prediction: Ripple, Ethereum & Dogecoin – Asian Wrap 03 Mar

Cryptocurrencies Price Prediction: Ripple, Ethereum & Dogecoin – Asian Wrap 03 Mar
FXStreet TeamFXStreet TeamFXStreet

Ripple Price Analysis: XRP looks north as weekly chart shows bull cross

XRP/USD picks up bids near $0.4350 while trying to reverse the previous day’s losses during early Wednesday. In doing so, the altcoin also stays indecisive after the two consecutive weeks of losses. $0.2900 will be the tough nut to crack for sellers during further downside.

Ethereum Price Analysis: ETH faces uphill battle but bulls can stay hopeful above $1,300

ETH/USD nurses the previous day’s losses, the heaviest in a week, while picking up bids to $1,490 amid initial Wednesday. In doing so, the altcoin portrays a bounce inside a bearish chart pattern. Five-week-old horizontal area, channel support will be tough nuts for bears to crack.

Dogecoin price gains traction after 1,800 ATM locations in the U.S. started accepting it

CoinFlip, one of the largest Bitcoin and cryptocurrency ATMs provider in the world has announced the support of Dogecoin across its 1,800 locations. Users can currently utilize the discount code 'DOGE' for 15% off on all transaction fees.

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Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

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XRP holds bearish bias despite spot ETF inflows

XRP holds bearish bias despite spot ETF inflows

Ripple (XRP) retains a bearish near-term tone on Friday, falling toward the psychological support at $1.00. This follows renewed inflation concerns in the United States (US) after the Federal Reserve (Fed) left interest rates unchanged, as two members of the committee dissented in favor of a 25 basis point hike.
Crypto Today: Bitcoin, Ethereum, XRP edge lower despite renewed ETF inflows

Crypto Today: Bitcoin, Ethereum, XRP edge lower despite renewed ETF inflows

The cryptocurrency market broadly corrects on Friday, as investors assess macro uncertainty and geopolitical tensions, which continue to escalate in the Middle East. Bitcoin (BTC) is trading below $64,000, down from the weekly high of $65,745. Altcoins such as Ethereum (ETH) and Ripple (XRP) are trading under increasing selling pressure below $1,900 and $1.10, respectively.
US sanctions Iran-linked Bitcoin insurance scheme for Strait of Hormuz ships

US sanctions Iran-linked Bitcoin insurance scheme for Strait of Hormuz ships

The U.S. Treasury has sanctioned two Iranian firms behind a maritime insurance operation that accepted Bitcoin, saying the scheme forced commercial vessels to buy coverage to pass through the Strait of Hormuz and funnelled the proceeds to the Islamic Revolutionary Guard Corps.
Bitcoin Weekly Forecast: Bulls hold the line

Bitcoin Weekly Forecast: Bulls hold the line

Bitcoin (BTC) edges slightly lower, trading at $64,300 at the time of writing on Friday but holding firmly above a key support zone. US-listed spot Bitcoin Exchange Traded Funds (ETFs) support BTC as they continued to attract institutional flows through Thursday, pointing to the fourth consecutive week of net inflows.
Bitcoin: Bulls hold the line

Bitcoin: Bulls hold the line

Bitcoin (BTC) edges slightly lower, trading at $64,300 at the time of writing on Friday but holding firmly above a key support zone. US-listed spot Bitcoin Exchange Traded Funds (ETFs) support BTC as they continued to attract institutional flows through Thursday, pointing to the fourth consecutive week of net inflows.