Cryptocurrencies Price Prediction: Tron, Bitcoin & Shiba Inu — Asian Wrap 23 August

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Crypto Sleeping Giants: TRX price - A 7x bull run by 2025

Tron’s TRX price shows strong macro technicals pointing to a potential 2,000% rally from 2024 to 2025. Tron’s TRX price has been coiling in a mundane fashion for most of the summer. When reviewing the macro technicals, it appears that a triangular pattern is taking place, justifying the lackluster price fluctuations.

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Knife Catching 102 - Sir Guillotin's Fate

Bitcoin price has fallen into bullish interest dating back to almost one month ago, near the end of July. The bulls who missed the summertime rally may be enticed to open a position in hopes that the barrier will repeat history and prompt another.

Shiba Inu Price Prediction: How many burned tokens does it take to trap a bull?

Shiba Inu price market sentiment remains optimistic despite the penny-from-Eiffel style decline. Shiba Inu price shows extremely bearish technicals, confounding that a sweep of the lows event could be underway. The technicals suggested that an immediate liquidation could occur after a five-wave impulse into the bullish targets occurred.

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FXStreet Team

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Ripple extends losses as derivatives interest cools

Ripple (XRP) extends its bearish roll near $1.12 support on Friday, reflecting intense headwinds in the broader crypto market largely attributable to macroeconomic pressure.

Crypto Today: Bitcoin, Ethereum, XRP weaken further as capital outflows persist

Macroeconomic headwinds continue to weigh heavily on the cryptocurrency market on Friday, prompting major assets like Bitcoin (BTC) to pare earlier gains and extend losses after June’s brief relief rally.

Bitcoin Weekly Forecast: Recovery hopes fade after the Fed spoils the party

Bitcoin is set to end the week in the red, trading near the 200-Week Simple Moving Average at around $62,300 on Friday. Institutional selling persists, capping BTC’s recovery as spot Exchange Traded Funds point to a sixth consecutive week of outflows.

Sui risks a deeper bearish leg despite on-chain resilience

Sui is down 2% on Friday, extending its decline toward the recent support leg formed at $0.6618. The Total Value Locked in the Sui ecosystem has stabilized around 600 million SUI tokens, reflecting resilient user demand.

Bitcoin: Recovery hopes fade after the Fed spoils the party

Bitcoin (BTC) is set to end the week in the red, trading near the 200-Week Simple Moving Average (SMA) at around $62,300 on Friday. Institutional selling persists, capping BTC’s recovery as spot Exchange Traded Funds (ETFs) point to a sixth consecutive week of outflows.