Cryptocurrencies Price Prediction: Theta, XRP & Filecoin – American Wrap 18 March

FXStreet Team FXStreet

Theta price has a clear upside target of $9 with no opposition ahead

The entire cryptocurrency market had a significant pump in the past 24 hours thanks to a FOMC statement by the Federal Reserve, driving the dollar's weakness. Theta also had a significant breakout driven by this price action.

XRP Price Prediction: Ripple breaks out targeting $0.64

XRP price is gradually following through the breakout from a symmetrical triangle at $0.450. Significant resistance does not appear until $0.644, suggesting that this cryptocurrency has more room to go up before any retracements.

Filecoin price skyrockets 50% but FIL faces massive profit-taking

Filecoin had an explosive 52% breakout after Grayscale announced the launch of five new products that included FIL to enable institutional investors to buy the digital asset. However, many indicators show the asset faces robust selling-pressure.

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XRP steadies above $1.90 support as fund inflows and retail demand rise

Ripple (XRP) is stable above support at $1.90 at the time of writing on Monday, after several attempts to break above the $2.00 hurdle failed to materialize last week. Meanwhile, institutional interest in the cross-border remittance token has remained steady.

Cardano struggles to extend gains as retail interest wanes despite Midnight's NIGHT token launch

Cardano ticks higher after a bearish weekend, struggling to extend an upcycle within a descending wedge pattern. On-chain data shows an increase in trading volume and user activity after the Midnight side chain token launch.

Crypto Today: Bitcoin, Ethereum recover as XRP remains supported by ETF inflows

Bitcoin is trending up toward the pivotal $90,000 level at the time of writing on Monday, which marks four consecutive days of gains. Altcoins, including Ethereum and Ripple, are also rebounding above key short-term support levels.

Bitcoin nears $90,000 as recovery hopes clash with institutional outflows

Bitcoin is approaching the $90,000 resistance level at the time of writing on Monday, raising hopes of a short-term recovery. However, the bullish recovery is being challenged by weakening institutional demand, as evidenced by outflows from Spot ETFs.

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Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.

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