|

Cryptocurrencies Price Prediction: Tokens, Ethereum & SUI –Asia Wrap 13 September

AI tokens rally alongside NVDA following White House discussion on AI technology

Several AI tokens rallied on Thursday following a rise in Nvidia stock price as its CEO Jensen Huang hinted at the "beginning of a new industrial revolution" in an artificial intelligence meeting held at the White House.
 
Ethereum (ETH) is up 0.5% on Thursday following speculation that the Securities & Exchange Commission (SEC) confirmed that the top altcoin is not a security. Meanwhile, ETH is experiencing high exchange inflows, indicating rising selling pressure among investors.
ETH Exchange Net Flow
SUI is up 11% on Thursday, continuing its impressive rise over the past week. The rise follows several key upgrades and launches related to the SUI token. While SUI could stage a further rally if it breaks above the $1.171 level, investors need to watch out for a potential price correction if the resistance holds.
SUI Weekly Outperformance
 

Author

More from FXStreet Team
Share:

Markets move fast. We move first.

Orange Juice Newsletter brings you expert driven insights - not headlines. Every day on your inbox.

By subscribing you agree to our Terms and conditions.

Editor's Picks

Ripple faces persistent bear risks, shrugging off ETF inflows

Ripple is extending its decline for the second consecutive day, trading at $2.06 at the time of writing on Friday. Sentiment surrounding the cross-border remittance token continues to lag despite steady inflows into XRP spot ETFs. 

Luna Classic soars 20% as Do Kwon's sentence hearing looms

Luna Classic surges 20% on Friday, extending its recovery for the fourth consecutive day. Roughly 959 million tokens have been burned in December so far, fueling LUNC's recovery.

Crypto Today: Bitcoin, Ethereum, XRP pare gains despite increasing hopes of upcoming Fed rate cut

Bitcoin (BTC) is steadying above $91,000 at the time of writing on Friday. Resistance at $94,150 capped recovery on Wednesday, but in the meantime, bulls have contained downside risks above $90,000. 

Ethereum strengthens against BTC post-Fusaka, targeting $3,200 breakout

Ethereum trades above $3,100 on Friday, with bulls aiming for a breakout above a two-month-old resistance trendline. Ethereum gains strength against Bitcoin as demand for the major altcoin increases after the Fusaka upgrade.

Orange Juice Newsletter – Smart insights by real people. Every day.

A free newsletter highlighting key market trends to help traders stay a step ahead. Daily insights on the most relevant trading topics, compiled by our experts in an easy-to-read format so you never miss an important move.

Bitcoin: BTC steadies as data suggests local bottom

Bitcoin (BTC) hovers around $91,000 at the time of writing on Friday, extending its recovery by 5% so far this week. On the institutional front, a modest outflow from US-listed spot Bitcoin Exchange Traded Funds (ETFs) marks a slowdown from previous weeks and signals a reduction in selling pressure, further supporting BTC’s recovery.