Cryptocurrencies Price Prediction: SafeMoon, Ripple & Bitcoin – American Wrap 16 November

FXStreet Team FXStreet

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Cryptos face market-wide profit-taking

Bitcoin price action remains extended from its weekly Tenkan-Sen, suggesting a retracement is likely to occur. Ethereum price, like Bitcoin, is exposed to significant gaps on its weekly Ichimoku chart. XRP price may surprise market participants by outperforming Bitcoin and Ethereum for the first time in many months.

XRP price momentum shifts to the downside as Ripple bears take over

Ripple (XRP) price is on the back foot for a second day as bulls see their attempts for a pop higher being blocked by the tilted orange upper boundary line. Following the rejection by that and the bounce off the green ascending trend line, bears have now taken control of XRP price action. Expect further downside as bears are dictating for now. Look for proper support levels from which to pick up XRP coins at a discount.

SafeMoon price looks to double as it enters high probability reversal zone

SafeMoon price is taking a break from its steady uptrend as it retraces, breaking crucial support barriers. That said, it is not beyond revival. In fact, SAFEMOON is approaching a high probability reversal zone that is likely to end the downtrend and kick-start a new rally.

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XRP Price Forecast: XRP trades sideways as Ripple targets 10 million agentic AI transactions

Ripple (XRP) is losing momentum on Thursday, albeit gradually, trading above $1.13. The remittance token tagged a weekly high of $1.16 on Tuesday, with gains mainly attributed to developments on the United States (US) Clarity Act and recent signs that inflation is easing in the world’s largest economy.

Crypto Today: Bitcoin, Ethereum, XRP trim gains despite resilient ETF inflows

Cryptocurrency prices are trending lower on Thursday, pressured by renewed inflation concerns stemming from ongoing tensions between the United States (US) and Iran and persistently elevated Oil prices. Bitcoin (BTC) is approaching short-term support at $65,000, with upside resistance remaining firm at $67,000.

Worldcoin Price Forecast: WLD steadies as multiple bullish signals line up

Woldcoin (WLD) price trades around $0.3838 at press time on Thursday, extending a consolidative tone capped beneath the 50-day Exponential Moving Average (EMA) at $0.4141. WLD token emissions are scheduled to drop by 43% from Friday, reducing supply pressure. Retail activity in WLD derivatives remains firm, with a 40% rise in trading volume and elevated funding rates.

Dogecoin Price Forecast: DOGE nears yearly low as risk appetite fades

Dogecoin (DOGE) extends its decline on Thursday, approaching its yearly low at $0.069 as bearish sentiment continues to weigh on the meme coin. Escalating US-Iran conflict and fresh Houthi threats have dampened risk appetite, weighing on speculative assets such as DOGE. Weakening derivatives metrics and a deteriorating technical outlook suggest a deeper correction if DOGE slips below $0.069.

Bitcoin’s potential recovery in the second half hinges on these 4 catalysts

Bitcoin (BTC) has fallen over 34% in the first half of this year as the King Crypto failed to capitalize on a good semester for risk assets despite the woes from the Iran war.