Cryptocurrencies Price Prediction: Ripple, PI & Bitcoin – Asian Wrap 26 June

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XRP clings to $1 as long liquidations deepen bearish trend

Ripple (XRP) trades near the key psychological support level of $1 at the time of writing on Friday after losing more than 8% so far this week. CoinGlass liquidation data shows that over 97% XRP long positions were wiped out over the past 24 hours. In addition, derivatives metrics continue to favor the bears. The technical outlook suggests that XRP's next directional move depends on whether the key $1 support level holds.

Pi Network Price Forecast: Minor recovery amid market crash fuels short-term hope

Pi Network (PI) price records a mild 3% recovery at press time on Friday, shaping a rebound from a broken descending trendline. The declining trend in trading volume has stabilized around $10 million this week, supporting the possibility of an extended recovery as selling pressure wanes. The technical outlook for PI is mixed as the prevailing bearish trend continues to weigh down on price.

Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC slides to a fresh yearly low, ETH breaks down, XRP signals more losses

Bitcoin price trades at $59,818 on Friday, recovering slightly after reaching a fresh yearly low of $58,115 on the previous day. BTC is maintaining a bearish near-term bias and remains well below the 50-day, 100-day, and 200-day Exponential Moving Averages (EMAs) at $67,863, $71,246, and $77,115, respectively.

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FXStreet Team

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Top 3 Price Prediction: BTC slides to a fresh yearly low, ETH breaks down, XRP signals more losses

Bitcoin, Ethereum and Ripple remain under heavy selling pressure on Friday, falling over 7%, 9% and 8% respectively. BTC has fallen to a fresh yearly low, ETH slipped below key support, while XRP continues to lose momentum. The technical outlook for these top three cryptocurrencies suggests bears remain firmly in control, hinting at deeper losses.

Crypto Market Overview: Bitcoin logs a 20-month low – Worldcoin, Pepe lead losses

The broader cryptocurrency market is facing relentless selling, pushing Bitcoin down to $58,000 on Friday and liquidating over $1 billion in 24 hours. Worldcoin and Pepe have emerged as the biggest losers over the same period, as bearish grip tightens on retail sentiment.

Bitcoin briefly hits $58K as short-term holder weakness deepens, macro conditions trigger liquidations

Bitcoin fell briefly toward the $58,000 level on Thursday as mounting macroeconomic uncertainty, weakening short-term investor conviction and widespread liquidations intensified selling pressure across crypto. The decline came amid a sharp reversal in US equities, erasing roughly $1 trillion from the S&P 500, while Bitcoin briefly touched $58,000 for the first time in 21 months.

Uniswap adds $150M in Spark stablecoin liquidity, launches no-code token auction tool

Uniswap received $150 million in stablecoin liquidity from Spark, with the assets set to transition to DualPool, a new custom liquidity hook, according to an announcement on Thursday. Under the new setup, liquidity providers will be able to earn swap fees while their underlying assets continue generating yield, eliminating the need to choose between the two.

Bitcoin: Recovery hopes fade after the Fed spoils the party

Bitcoin (BTC) is set to end the week in the red, trading near the 200-Week Simple Moving Average (SMA) at around $62,300 on Friday. Institutional selling persists, capping BTC’s recovery as spot Exchange Traded Funds (ETFs) point to a sixth consecutive week of outflows.