|

Cryptocurrencies Price Prediction: Ripple, Stellar & Bitcoin – Asian Wrap 03 September

Top Altcoins Price Prediction: Ripple, Cardano, Solana – Bulls defend key support levels

Ripple trades around $1.3685 on Thursday, holding a bullish near-term bias as price advances above the 50-day and 100-day Exponential Moving Averages (EMAs) at $1.2227 and $1.2191, respectively. Despite this constructive positioning, the 200-day EMA at $1.3827 now acts as the overhead barrier. A confirmed breakout above this level could see XRP extend its recovery toward the August 23 high at $1.5507.

Ripple and Stellar outlook: XRP defends key support, XLM awaits breakout as derivatives strengthen

Stellar trades at $0.1772 on Thursday, holding below a dense band of EMA resistance that keeps the near-term bias bearish. XLM price is capped first by a horizontal barrier at $0.1774, closely followed by the 50-day EMA at $0.1777 and the 100-day EMA at $0.1795, while the 200-day EMA sits higher at $0.1887, reinforcing the broader downtrend.

Crypto Overview: Bitcoin holds steady, resonates with Gold – ARB, PYTH extend gains

Bitcoin trades around $77,328 at press time on Thursday, holding a bullish near‑term bias as price remains comfortably above the 50‑, 100‑, and 200‑day Exponential Moving Averages (EMAs), which are clustered between roughly $69,400 and $72,400. The pair is also trading above the 50% retracement level at $75,233 of the $97,924-$57,800 downswing, reinforcing a constructive underlying structure.

Author

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.

More from FXStreet Team
Share:

Editor's Picks

Ripple and Stellar outlook: XRP defends key support, XLM awaits breakout as derivatives strengthen

Ripple and Stellar show divergent technical outlooks as traders assess whether the recent weakness could give way to a recovery. XRP is finding support and defining a key support zone, while XLM slips below a cluster of Exponential Moving Averages.

Crypto Overview: Bitcoin holds steady, resonates with Gold – ARB, PYTH extend gains

Bitcoin price hovers above $77,000 on Thursday, losing bullish momentum as its correlation with Gold has risen to nearly 50% over the last 90 days. Arbitrum and Pyth Network recorded double-digit gains over the last 24 hours, emerging as top performers.

Bitcoin holds $63K and $86K range as profit-taking risk builds

Bitcoin's recovery faces growing resistance as the market trades between a major accumulation zone below current prices and a dense concentration of potential supply overhead, according to a Glassnode report published Wednesday.

Robinhood Chain hits record daily fee revenue, boosts Arbitrum
Robinhood Chain generated a record $3.75 million in daily fees on Tuesday, making it the third-highest of the day behind Uniswap (UNI) and Pons, according to data from DeFiLlama. The figure marked the network's fourth consecutive day of record daily fee revenue and its highest single-day total since launching its mainnet on July 1.
Bitcoin: Billions in ETF inflows push BTC toward decisive breakout
Bitcoin (BTC) extends gains so far this week, trading near $80,000 after testing the 50-week Simple Moving Average (SMA) at $81,114 earlier. Strong institutional demand is supporting the rally, with spot BTC Exchange Traded Funds (ETFs) on track to record a second consecutive week of billion-dollar inflows.