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Cryptocurrencies Price Prediction: Ripple, Terra & Bitcoin — Asian Wrap 29 September

XRP Price Prediction: Trade against retail, you'll win every time

XRP price is showing applaudable retaliation signals. Since September 25, the bears have conquered the market, forging a 20% loss in market value for the digital remittance token. Invalidation of the bullish thesis is a breach of $0.31.

Terra Luna Price Prediction: Why the call for a 10x bull run may have been made premature

Tera's LUNA price could take investors by surprise in the coming days. Since August, the forecast was made that LUNA could potentially 10x in market value based on on-chain and technical analysis. During the second week of September, LUNA pulled off a whopping 3x rally within 24 hours.


Bitcoin set to reclaim $20,000 as Lightning Lab releases Taro protocol code to “Bitcoinize the dollar”

The Taro protocol from Lightning Labs has been created to become the world’s financial network for Bitcoin transactions and transfers. The Taro network will be developed to support the transfer of assets over Bitcoin and later the lightning network for instant and cheap settlement.

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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.

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Bitcoin Weekly Forecast: Binance security breach and hawkish Fed push BTC lower
Bitcoin (BTC) continues to weaken this week, down more than 3% and heading for its fourth straight weekly loss. The largest cryptocurrency by market capitalization is facing a bearish outlook, fueled by a hawkish Federal Reserve (Fed) outlook at the October meeting and a reported $6.3 billion hack at Binance, which is driving risk aversion and triggering heavy liquidations.
Ripple Price Forecast: XRP bulls defend $1.20 as sell-side pressure triggers liquidations
Ripple (XRP) trades around $1.25 on Friday, rising from a short-term support level established at $1.20. This minor upward correction follows a sharp sell-off, triggered amid reports of a hack attack on the Binance exchange that impacted approximately $6.3 billion. The attack drove the broader crypto market on edge, as Binance suspended both deposits and withdrawals to contain the situation.
Bitcoin, Ether and XRP selloff wipes out $1.5 billion in leveraged crypto bets
Crypto traders betting on higher prices had about $1.29 billion in positions forcibly closed over the past 24 hours, as the selloff following Binance’s security breach pushed bitcoin, ether and smaller tokens lower. Total liquidations reached $1.53 billion by Friday morning in Asia, according to CoinGlass. Long positions, bets that prices would rise, accounted for 83.8% of the total.
Crypto Today: Bitcoin, Ethereum, XRP sell-off cools after Binance security breach
Cryptocurrency prices are on edge on Friday, with Bitcoin (BTC) delicately holding onto a short-term $78,000 support, Ethereum (ETH) edging lower near $2,200 and Ripple (XRP) attempting a recovery above support established at $1.20. The cooldown follows Binance, the largest crypto exchange, after it reported a hack that impacted about $6.3 billion.
Bitcoin: Binance security breach and hawkish Fed push BTC lower
Bitcoin (BTC) continues to weaken this week, down more than 3% and heading for its fourth straight weekly loss. The largest cryptocurrency by market capitalization is facing a bearish outlook, fueled by a hawkish Federal Reserve (Fed) outlook at the October meeting and a reported $6.3 billion hack at Binance, which is driving risk aversion and triggering heavy liquidations.