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Cryptocurrencies price prediction: XRP, Bitcoin & Cryptos – American Wrap 05 October

Cryptocurrencies price prediction: XRP, Bitcoin & Cryptos – American Wrap 05 October
FXStreet TeamFXStreet TeamFXStreet

Bitcoin and Gold Outlook: BTC slips, XAU downtrend persists as US Services PMI misses forecasts

Bitcoin (BTC) faces growing headwinds on Monday, as it trades lower below $86,000. Despite the ongoing pullback, the Crypto King remains in a broad range with the lower limit near $84,000 and the upper limit at $88,000. A break on either side of this zone would influence BTC's direction.

XRP recovery stalls amid fading network activity, ETF demand

Ripple (XRP) is trading above $1.50 on Monday, as bulls struggle to sustain the recovery. Despite the sideways price action between support at $1.45 and supply at $1.60, XRP remains supported by uptrending major moving averages and key momentum indicators.

The crypto market is edging closer to a key resistance level

The crypto market continues to test the resistance level near $2.95T, having retreated slightly from local highs to $2.93T by the start of European trading. That said, a short-term uptrend has been forming since Friday. 


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Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

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Ripple seeks higher support amid cooling on-chain activity and ETF demand

Ripple seeks higher support amid cooling on-chain activity and ETF demand

Ripple (XRP) is trading above $1.50 on Monday, as bulls struggle to sustain recovery. Despite the sideways price action between support at $1.45 and supply at $1.60, XRP remains supported by uptrending major moving averages and key momentum indicators.

Crypto Today: Bitcoin rally slows while Ethereum and XRP extend recovery amid slowing ETF inflows

Crypto Today: Bitcoin rally slows while Ethereum and XRP extend recovery amid slowing ETF inflows

Bitcoin is narrowly consolidating while trading above $86,000 at the time of writing on Monday. Altcoins, on the other hand, show a positive outlook, with Ethereum edging higher above $2,700 while Ripple steadies above $1.52.

AI Tokens Price Prediction: Capital rotation fuels FET, VIRTUAL, and NEAR rallies

AI Tokens Price Prediction: Capital rotation fuels FET, VIRTUAL, and NEAR rallies

AI tokens, including Artificial Superintelligence Alliance, Virtuals Protocol, and NEAR Protocol, are leading gains over the last 24 hours. This suggests a rotation of capital from previously favored DeFi tokens into AI tokens.

Bitcoin holds $86K as ETF inflows, Fed hike bets ease

Bitcoin holds $86K as ETF inflows, Fed hike bets ease

Bitcoin holds the $86,000 mark at the time of writing on Monday after three consecutive weeks of gains over 12% since mid-September. Institutional demand supports the bullish price action, with BTC spot Exchange Traded Funds recording the third week of positive flows.

Bitcoin: Is BTC setting up for an Uptober rally?

Bitcoin: Is BTC setting up for an Uptober rally?

Bitcoin (BTC) extends its gains, trading near $86,000 at the time of writing on Friday after closing September 6.33% up, reversing its seasonal weakness. Historical data suggest October could be a strong month for BTC, especially after a positive September.