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Cryptocurrencies Price Prediction: Ripple, Hyperliquid & Crypto – European Wrap 27 April

Ripple Price Forecast: XRP upside stays limited despite renewed capital inflows

Ripple (XRP) is trading under increasing sell-side pressure as of writing on Monday. A near-term support at $1.41 suggests that dip-buying remains steady despite overhanging resistance at $1.53 and $1.78.

Risk appetite has continued to improve amid renewed optimism for the United States (US)-Iran peace. Despite the US President Donald Trump canceling the peace talks scheduled for last Sunday in Pakistan, Iran has reportedly sent a new proposal to the White House.

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Hyperliquid Price Forecast: HYPE grinds above $40 amid faltering social dominance

Hyperliquid (HYPE) trades around $42 at press time on Monday, maintaining a lifting-off phase from an ascending trendline. Retail interest in the Decentralized Exchange (DEX) is cooling as social dominance fades, while the HYPE futures see an increase in Open Interest and funding rates, signaling leverage-linked positional buildup. 

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Crypto Today: Bitcoin, Ethereum, XRP pull back despite renewed US-Iran peace hopes

Cryptocurrency prices are broadly retracing on Monday as market participants digest new developments in the Middle East conflict. Bitcoin (BTC) is trading below $78,000 after a rejection at weekly highs around $79,485 earlier in the day, while Ethereum (ETH) hovers above $2,300 support.

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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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Zcash Price Forecast: ZEC declines as US inflation surprise offsets fresh ETF inflows

Zcash is trading in the red, extending its previous day’s roughly 6% losses as the broader cryptocurrency market falls on rising US inflation. The US Consumer Price Index print came in higher than expected, at an annual increase of 3.7% versus the expected 3.6%, raising concerns about inflation and rate hikes.

Ripple and Stellar outlook: XRP and XLM extend losses as US inflation data weighs in

Ripple and Stellar extend their losses on Thursday as bearish momentum builds, having corrected over 7% and 11% so far this week. XRP and XLM both slip below key support zones, indicating weakening technical structure.

Bitcoin falls on hot CPI: Why $80,000 support matters

Bitcoin's most critical level to watch is near $80,000 as September's hot inflation reading pressures the crypto market, according to Glassnode. The top crypto declined within minutes of the September CPI release, which showed a 3.7% annual increase in headline inflation, above forecasts of 3.6%. Core inflation, which excludes food and energy prices, came in at 2.6%.

Ethereum Price Forecast: ETH falls below $2,500 as hot CPI raises Fed hike odds
Ethereum (ETH) extended its decline below $2,500 on Wednesday after a hotter-than-expected US inflation print renewed selling across the crypto market. At the time of writing, the top altcoin trades near $2,430, down 3.1% in the past 24 hours. The US Consumer Price Index (CPI) for September rose 0.6% monthly, in line with market forecasts and up from a 0.4% increase in August.
Bitcoin: Uptober or Rektober?
Bitcoin (BTC) price is down over 4% so far this week, trading below $83,000 at the time of writing on Friday as mounting selling pressure threatens to derail the seasonal “Uptober” rally. Profit-taking, a surge in long liquidations and weakening demand from institutional investors are weighing on BTC.