Cryptocurrencies Price Prediction: Ripple, Zcash & Ethereum – Asian Wrap 09 June

XRP and XLM outlook: Fragile recovery as traders favor downside

XRP trades at $1.148 on Tuesday, extending a bearish phase with price holding well below the 50-day, 100-day and 200-day Exponential Moving Averages (EMAs) at $1.319, $1.407 and $1.613. The sequence of descending EMAs above price reinforces a downside bias. At the same time, the Relative Strength Index (RSI) near 32 suggests conditions are approaching oversold but not yet providing a clear bullish trigger. The Moving Average Convergence Divergence (MACD) indicator remains below zero, with the MACD line negative, suggesting bearish momentum is still in play even if recent downside pressure appears less aggressive than in prior sessions.

Crypto Overview: Zcash, Terra Classic sustain gains amid broader market risk-off phase

Zcash hovers slightly below $450 at press time on Tuesday, holding after a 4% gain above the 100-day Exponential Moving Average (EMA) at $430 on Monday. The privacy coin keeps the near-term tone neutral to slightly bullish with a near-term V-shaped recovery from the 200-day EMA at $369. The upward trend in EMAs suggests the broader uptrend remains intact, but it is capped by the 50-day EMA at $485.

Ethereum Price Forecast: BitMine makes largest ETH purchase in 2026 amid price decline

Ethereum (ETH) treasury firm BitMine Immersion Technologies (BMNR) acquired 126,971 ETH last week following the top altcoin's decline toward the $1,500 region. The purchase, which represents its largest weekly ETH acquisition in 2026, has pushed the company's holdings to 5.54 million ETH. BitMine claims it now holds 4.59% of ETH's supply, bringing the company another step closer to its original goal of acquiring 5% of ETH's circulation. The company said it will reach that goal before the year pans out.