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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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Ripple recovery runs into headwinds amid fading retail and institutional interest

Ripple recovery runs into headwinds amid fading retail and institutional interest

Ripple (XRP) holds slightly above $1.30 on Monday, with short-term recovery prospects fading. Strong structural resistance toward $1.40 continues to cap upside, raising the risk of further downside below $1.30.

Crypto Today: Bitcoin, Ethereum, XRP extend recovery despite ETFs outflows

Crypto Today: Bitcoin, Ethereum, XRP extend recovery despite ETFs outflows

Bitcoin edges higher above $82,000, building strong structural support despite roughly $229 million in ETF outflows last week. Ethereum recovers above $2,400 as bulls strive to regain trend control, backed by a subtle recovery in momentum indicators.

Pi Network Price Forecast: Weak momentum and waning demand reinforce downside bias

Pi Network Price Forecast: Weak momentum and waning demand reinforce downside bias

Pi Network edges lower on Monday, risking a bearish conclusion to its short-term consolidation above the $0.0774 horizontal support. A steady decline in the notional value of active PI futures contracts and the weekly spot trading volume suggests reduced retail demand.

Zcash Price Forecast: Downside risk looms as ETF outflows and falling Open Interest weigh

Zcash Price Forecast: Downside risk looms as ETF outflows and falling Open Interest weigh

Zcash (ZEC) edges higher on Monday after three consecutive weeks of bearish closes totaling roughly 30% losses. The privacy coin is losing institutional confidence with three straight weeks of outflows, while retail speculation eases as ZEC futures Open Interest declines to a 30-day low.

Bitcoin: Macroeconomic headwinds, cooling demand cap BTC gains

Bitcoin: Macroeconomic headwinds, cooling demand cap BTC gains

Bitcoin (BTC) extends losses this week, trading below $82,500 as of Friday as selling pressure continues. Weakening institutional demand supports this pullback as BTC spot Exchange-Traded Funds (ETFs) are on track to record a two-week withdrawal streak, reaching $146.19 million in net outflows through Thursday.