Cryptocurrencies Price Prediction: Ripple, Ethereum & Polygon – American Wrap 01 June

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XRP Price Forecast: Ripple primed to surge to $1.30

XRP price faces stiff resistance ahead. Only a 4-hour candlestick close above $1.18 could see Ripple target $1.30. Failing to do so could see it retrace to $0.84. XRP price continues consolidating without providing a clear signal for where it is heading next. Two significant barriers could define Ripple's fate.

Ethereum Price Prediction: ETH to face rejection and drop to $2,100

Ethereum price is trying to slice through a significant supply barrier. If successful, ETH could rise by 25% toward $3,400. However, a rejection from the overhead resistance may lead to a downswing to $2,100. Ethereum price looks primed to retrace as the overhead resistance seems to have the strength to trigger a rejection.

MATIC Price Prediction: Polygon eyes 65% rally as blockchain disruption accelerates

MATIC price is currently positioned at the apex of the cryptocurrency complex, despite a plunge of 75% in May. The extraordinary rebound of 230% from the May low and the developing cup-with-handle base has positioned Polygon with the relative strength and price structure to reach a new high in the coming days.

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FXStreet Team

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Uniswap Price Forecast: UNI tests 200-day EMA supply amid renewed retail demand

Uniswap (UNI) edges higher near an immediate resistance at $3.88 on Tuesday. The native decentralized exchange (DEX) token is defying a broader correction in the cryptocurrency market, even as Bitcoin (BTC) falls toward $63,000 from its July highs around $67,000.

XRP slides amid risk-averse pressure and ahead of Fed rate decision

Ripple (XRP) continues to trade under increasing pressure on Tuesday. This marks the second consecutive day of declines, reflecting broader risk-off sentiment as investors appear to shift gears in anticipation of the Federal Reserve (Fed) interest rate decision. On Wednesday, the Federal Open Market Committee (FOMC) is widely expected to leave interest rates unchanged in the 3.50%-3.75% range.

Crypto Today: Bitcoin, Ethereum, XRP remain under pressure as risk-off sentiment persists

Bitcoin (BTC) is falling toward the immediate $63,000 support at the time of writing on Tuesday, weighed down by continued risk-off sentiment. Altcoins, including Ethereum (ETH) and Ripple (XRP), remain under pressure, trading below $1,900 and $1.10, respectively. Crypto market sentiment remains largely unresponsive and in the Fear territory, as reflected in the Fear & Greed Index.

Bitcoin price prediction: Is $60K back in focus as headwinds mount?

Bitcoin is falling towards 63k, at a 10-day low, as a sell-off in AI-linked stocks has hit risk sentiment, spilling over into cryptocurrencies and as investors look cautiously ahead to tomorrow's FOMC rate decision. Bitcoin is down 2.7% over the past 24 hours and more than 4% over the past seven days as it extends its pullback from 67k the July high reached last week.

Bitcoin: BTC holds firm, but the $100 Oil threat could change the game

Bitcoin (BTC) is modestly recovering, trading at $65,400 on Friday and holding firmly above the key support zone. US-listed spot Bitcoin Exchange Traded Funds (ETFs) supported BTC’s modest recovery as they continued to attract institutional inflows through Thursday, pointing to the third consecutive week of inflows.