Cryptocurrencies price prediction: Ripple, TRON & Litecoin – European Wrap – 5 February

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Ripple defies gravity amid Intermex partnership news; $0.3000 is a possibility now

Ripple's XRP has been growing for the fifth day in succession. Now the third largest digital asset with the current market value of $12 billion, XRP has gained over 11% in recent 24 hours and tested area baove $0.2800 for the first time since October 11, 2019. The cryptocurrency was boosted by a steady flow of positive fundamental news, including the introduction of quanto swaps on BitMEX and new partnership deals between Ripple and global banks.

Tron Price Analysis: TRX/USD dents $0.0200, a decisive breakthrough will be a big deal for TRX bulls

TRON (TRX), now the 14th largest digital asset with the current market value of $1.3 billion, is changing hands at $0.0198 after a short-lived spike above $0.0200 during early Asian hours. The coin has gained nearly 6% in recent 24 hours and recovered the losses of the previous day. An average daily trading volume is registered at $1.4 billion, which is in line with the recent data.

Litecoin Market Overview: LTC/USD relaunches another shot at $70

Litecoin is trading in the green after managing to come out of the ‘crypt’ it had fallen into in the last couple of days. The Asian session was also characterized by selling pressure. However, the European session is seeing the bulls swing in action across the board.

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Ripple eyes short-term bullish turn as investor demand returns

Ripple exhibits strong recovery prospects, trading above $1.10 on Friday. This rebound aligns with the broader crypto market and can be attributed to easing geopolitical tensions in the Middle East and growing appetite for risk assets.

Crypto Today: Bitcoin, Ethereum, XRP advance amid renewed capital inflows

Bitcoin maintains its upward momentum, holding above the $61,000 mark at the time of writing on Friday. Major altcoins such as Ethereum and Ripple are also posting gains, signaling a modest uptick in market sentiment and renewed risk appetite among investors.

Bitcoin Weekly Forecast: Quarter-end rebalancing might fuel BTC next bullish move

Bitcoin recovers to $61,800 on Friday after falling to a 21-month low of $57,800. US-listed spot ETFs recorded outflows of $526.64 million through Thursday, pointing to the eighth consecutive week of withdrawals.

Pi Network posts minor gains amid easing risk-off market sentiment

Pi Network (PI) shows minor recovery on Friday, a slow follow-through of the 2% rebound from the previous day. The recovery in PI aligns with the easing broader market risk-off sentiment, fueling speculative interest in the token.

Bitcoin: Quarter-end rebalancing might fuel BTC next bullish move

Bitcoin (BTC) is up over 3% so far this week, trading above $61,800 at the time of writing on Friday after slipping to a 21-month low earlier this week. Institutional selling continued, with spot Exchange Traded Funds (ETFs) recording net outflows of over $520 million through Thursday, pointing to the eighth consecutive week of withdrawals.