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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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Chainlink bulls defend key support, but low retail interest signals caution

Chainlink bulls defend key support, but low retail interest signals caution

Chainlink trades above $14.00 on Monday, as the cryptocurrency market generally recovers from last week’s volatility. LINK faces declining retail interest amid a weak derivatives market characterised by suppressed Open Interest.

Crypto Today: Bitcoin, Ethereum, XRP hold near support amid continued capitulation, deleveraging 

Crypto Today: Bitcoin, Ethereum, XRP hold near support amid continued capitulation, deleveraging 

Bitcoin offers subtle signs of recovery, trading above $95,000 at the time of writing on Monday. Altcoins, including Ethereum and Ripple, are making recovery attempts, following in BTC's footsteps, with ETH hovering below $3,200 and XRP trading around $2.27.

Bitcoin stabilizes at crucial support while institutional outflows continue

Bitcoin stabilizes at crucial support while institutional outflows continue

Bitcoin price is finding support around the key level of $94,253 at the time of writing on Monday, after correcting nearly 10% in the previous week. Institutional demand continues to weaken as US-listed spot Bitcoin ETFs recorded over $1 billion in outflows over the past week

BNB Price Forecast: Key resistance trendline in focus as whale interest spikes

BNB Price Forecast: Key resistance trendline in focus as whale interest spikes

BNB recovery challenges a long-standing resistance trendline, with bulls aiming for a breakout. Derivatives data suggest an increase in futures average order size, indicating a spike in interest among large wallet investors. 

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Bitcoin: The capitulation phase unfolds

Bitcoin: The capitulation phase unfolds

Bitcoin (BTC) market structure continues to deteriorate as the capitulation phase begins to take shape, with BTC sliding below $97,000 on Friday and extending losses to more than 7% so far this week.