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Cryptocurrencies Price Prediction: Ripple, SafeMoon & Bitcoin — Asian Wrap 10 Feb

Cryptocurrencies Price Prediction: Ripple, SafeMoon & Bitcoin — Asian Wrap 10 Feb
FXStreet TeamFXStreet TeamFXStreet

XRP investors FOMO amid developments in SEC vs. Ripple lawsuit

XRP price action has been some of the best performing price action in the entire crypto-space. This recent bullish drive has given XRP bulls a reprieve of sorts as XRP has outperformed Bitcoin and Ethereum – something it has struggled to do for nearly two years.

SafeMoon price consolidates before another massive breakout like 2021

SafeMoon price is stuck in a tight range, giving traders a warning that a more extensive move may be coming soon. Limited historical data on the newest SafeMoon charts adds additional risks as forecasting becomes more tightly bound to current traded price ranges. 

Bitcoin to hit $150,000 and compete against Gold, says JP Morgan

Banking giant JP Morgan believes that Bitcoin price could reach $150,000, and the asset could compete with private investment in Gold. Analysts at JP Morgan believe that Bitcoin volatility needs to drop; once the asset is substantially less volatile, it could gain value. 

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Ripple faces persistent bear risks, shrugging off ETF inflows

Ripple faces persistent bear risks, shrugging off ETF inflows

Ripple is extending its decline for the second consecutive day, trading at $2.06 at the time of writing on Friday. Sentiment surrounding the cross-border remittance token continues to lag despite steady inflows into XRP spot ETFs. 

Luna Classic soars 20% as Do Kwon's sentence hearing looms

Luna Classic soars 20% as Do Kwon's sentence hearing looms

Luna Classic surges 20% on Friday, extending its recovery for the fourth consecutive day. Roughly 959 million tokens have been burned in December so far, fueling LUNC's recovery.

Crypto Today: Bitcoin, Ethereum, XRP pare gains despite increasing hopes of upcoming Fed rate cut

Crypto Today: Bitcoin, Ethereum, XRP pare gains despite increasing hopes of upcoming Fed rate cut

Bitcoin (BTC) is steadying above $91,000 at the time of writing on Friday. Resistance at $94,150 capped recovery on Wednesday, but in the meantime, bulls have contained downside risks above $90,000. 

Ethereum strengthens against BTC post-Fusaka, targeting $3,200 breakout

Ethereum strengthens against BTC post-Fusaka, targeting $3,200 breakout

Ethereum trades above $3,100 on Friday, with bulls aiming for a breakout above a two-month-old resistance trendline. Ethereum gains strength against Bitcoin as demand for the major altcoin increases after the Fusaka upgrade.

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Crypto Today: Bitcoin, Ethereum, XRP pare gains despite increasing hopes of upcoming Fed rate cut

Crypto Today: Bitcoin, Ethereum, XRP pare gains despite increasing hopes of upcoming Fed rate cut

Bitcoin (BTC) is steadying above $91,000 at the time of writing on Friday. Resistance at $94,150 capped recovery on Wednesday, but in the meantime, bulls have contained downside risks above $90,000.