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Cryptocurrencies Price Prediction: Ripple, Ethereum & Stellar — Asian Wrap 02 December

Cryptocurrencies Price Prediction: Ripple, Ethereum & Stellar — Asian Wrap 02 December
FXStreet TeamFXStreet TeamFXStreet

Ripple's XRP crosses $100 billion market cap following high expectations for its stablecoin and ETF approvals

Ripple's XRP rallied near the $2 mark on Friday after rumors of New York regulators approving the company's RLUSD stablecoin surfaced. The growing demand for an XRP exchange-traded fund (ETF) could also accelerate its launch in 2025.

Ethereum Price Forecast: ETH eyes yearly high resistance of $4,093 amid heightened interest among US traders

Ethereum (ETH) is trading near the $3,600 level on Friday and could stage a rally to test its yearly high resistance of $4,093. The rally is fueled by ETH Chicago Mercantile Exchange (CME) open interest growth and a rise in USDT supply on the Main chain.

Stellar Price Forecast: Eyes for further gains as bounces off support level and bullish on-chain metrics

Stellar (XLM) experienced a pullback in the first half of the week but recovered in the second half and is trading around $0.54 on Friday, after rallying more than 170% and reaching levels not seen in over three years in the previous week. This bullish outlook is further supported by rising Open Interest (OI) and Total Value Locked (TVL) to record levels, indicating a further rally.

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FXStreet Team

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 pullback tests $1.40 support amid Ripple Prime product suite expansion

XRP pullback tests $1.40 support amid Ripple Prime product suite expansion

Ripple extends lock-step trading for the third straight day on Friday, as support at $1.40 comes under pressure. The remittance token has remained largely in defense mode since last week’s 72% rally from $1.00 to highs around $1.70.

Crypto Today: Bitcoin, Ethereum, XRP rally loses steam despite steady ETF inflows

Crypto Today: Bitcoin, Ethereum, XRP rally loses steam despite steady ETF inflows

Bitcoin is back below $80,000 at the time of writing on Friday, after a second attempt at breaking resistance between $81,000 and $82,000. Meanwhile, Ethereum and Ripple mirror Bitcoin’s cooling trend, with ETH sliding to $2,500 and XRP falling toward $1.40 support.

Bitcoin Weekly Forecast: Billions in ETF inflows push BTC toward decisive breakout

Bitcoin Weekly Forecast: Billions in ETF inflows push BTC toward decisive breakout

Bitcoin rises over 2% this week, holding near $80,000 after testing the 50-week SMA at $81,114. US-listed spot Bitcoin ETFs are on track for a second straight week of billion-dollar inflows, with $1.13 billion recorded through Thursday.

Hyperliquid Price Forecast: HYPE rally stretches thin amid treasury growth, CFTC innovation push

Hyperliquid Price Forecast: HYPE rally stretches thin amid treasury growth, CFTC innovation push

Hyperliquid (HYPE) is down 2% on Friday after reaching a record high of 86.75 the previous day. Nasdaq-listed Hyperliquid Strategies Inc (PURR) raised almost $650 million in an equity deal to increase its HYPE holding to 29.3 million tokens.

Bitcoin: Billions in ETF inflows push BTC toward decisive breakout

Bitcoin: Billions in ETF inflows push BTC toward decisive breakout

Bitcoin (BTC) extends gains so far this week, trading near $80,000 after testing the 50-week Simple Moving Average (SMA) at $81,114 earlier. Strong institutional demand is supporting the rally, with spot BTC Exchange Traded Funds (ETFs) on track to record a second consecutive week of billion-dollar inflows.