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Cryptocurrencies price prediction: Ripple, Shiba inu & Crypto Market - American Wrap - 09 06

Cryptocurrencies price prediction: Ripple, Shiba inu & Crypto Market - American Wrap - 09 06
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Ripple Price Forecast: XRP's bullish structure holds up as Ripple turns to Japan for Web3 and DeFi advancement

Ripple (XRP) pared losses following last week's sell-off to trade at around $2.26 at the time of writing on Monday. The sideways trading comes ahead of trade negotiations between the United States (US) and China in London. 

Shiba Inu breaks on-chain wallet record as price rebounds

Shiba Inu (SHIB) appears to be extending its recovery from the support level of around $0.00001188, which was tested on Thursday. The meme coin hovers at around $0.00001253 at the time of writing on Monday, up almost 6% since it lifted from its support level. This bullish outlook follows a significant improvement in network activity, with the number of on-chain wallets hitting a new record high.

These crypto tokens rallied through the Trump-Musk breakup

Bitcoin (BTC) tested support at $100,372 last week on June 5, in the aftermath of Elon Musk’s criticism of US President Donald Trump’s spending bill and the public spat that followed. Bitcoin, altcoins and crypto market capitalization have all recovered since then. BTC gained slightly under 2% and top tokens like Tron (TRON), Conflux (CFX), OKB (OKX Block), Ontology (ONT) and SPX6900 (SPX) rallied, irrespective of the tussle between the Tesla Chief and the US President.

Bitcoin dominance

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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 tests key support with elevated on-chain activity as whale selling threatens rally

XRP tests key support with elevated on-chain activity as whale selling threatens rally

XRP tests $1.40 support and rises to trade at $1.43 on Wednesday as the crypto market broadly consolidates. XRP faces profit-taking risk, as whales increasingly sell following last week’s rally.



Bitcoin recovery stalls near $80,000 as ETF inflows mount, whale demand strengthens

Bitcoin recovery stalls near $80,000 as ETF inflows mount, whale demand strengthens

Bitcoin hovers above $78,000 on Wednesday, struggling to advance beyond $80,000 after its strongest weekly rise in three years. BTC ETFs recorded their seventh consecutive day of inflows, totaling $314 million on Tuesday, amid whales rotating $5 billion into tax-deferred swaps.

Crypto Today: Bitcoin, Ethereum, XRP broadly consolidate ahead of the next leg up

Crypto Today: Bitcoin, Ethereum, XRP broadly consolidate ahead of the next leg up

Bitcoin has retained a strong bullish outlook since last week, trading around $79,000 on Wednesday. As the Crypto King consolidates, bulls appear to be mulling another breakout attempt to reclaim $80,000 and push beyond the supply zone at $82,500.

Hyperliquid eyes record high on rising revenue, ETF inflows

Hyperliquid eyes record high on rising revenue, ETF inflows

Hyperliquid is up 4% on Wednesday, with bulls eyeing a new record high above Sunday’s high at $83.30. HYPE-focused ETFs recorded $7.51 million in inflows on Tuesday, up from $5.74 million the previous day.

Bitcoin: The US Treasury saves BTC

Bitcoin: The US Treasury saves BTC

Bitcoin extends gains, trading above $77,000 on Friday after rallying over 20% and reaching its highest level since mid-May. Crypto markets continue to cheer the US Treasury’s decision to double its debt buyback operations, posting their 7th-largest liquidation event in history.