|

Cryptocurrencies price prediction: XRP, BONK & Bitcoin – American Wrap 07 September

Bitcoin and Gold Outlook: BTC and XAU remain pressured amid sticky US-Iran tensions

Bitcoin (BTC) is correcting below $79,000 on Monday, mirroring the broader cryptocurrency market’s lethargic, bearish-shifting outlook. The Crypto King was rejected near $81,500 last Thursday, suggesting investor exhaustion.

Bonk Price Forecast: BONK risks deeper losses as Korea’s Upbit exchange delists meme coin

Bonk (BONK) is edging lower and trading at $0.00000318 on Monday, weighed down by a broader cryptocurrency market correction. The meme coin was rejected around $0.00000367 the day before, cutting short a recovery attempt. If support at $0.00000300 holds, the meme coin could stabilize ahead of another recovery attempt.

XRP holds fragile support as futures OI steadies

Ripple (XRP) falters, trading near $1.40 at the time of writing on Monday. Since the August rally to $1.70, the remittance token has seen capped upside, prompting profit-taking. If the token’s technical structure continues to weaken, recovery could be an uphill battle, while raising the odds of an extended sell-off.

Author

FXStreet Team

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.

More from FXStreet Team
Share:

Editor's Picks

XRP defends $1.30 support as Ripple partners with Arf to bring RLUSD settlement liquidity to XRPL

Ripple holds near recently confirmed support at $1.30 on Friday, as bulls eye a short-term recovery toward $1.40. The remittance token’s upside remains capped by structural levels, suggesting recovery would depend on whether buyers can sustain momentum.

Bitcoin Weekly Forecast: BTC extends pullback as ETF inflows clash with risk-off sentiment

Bitcoin remains under pressure, trading around $81,800 on Friday, recording modest losses so far this week. Despite a mild pullback, institutional demand showed signs of a comeback with spot ETFs recording $442.67 million in net inflows through Thursday.

Crypto Today: Bitcoin holds the 50-day EMA as Ethereum and XRP face structural resistance

Bitcoin gradually ticks up on Friday, trading above $81,000. The Crypto King has recently defended structural support near $80,000, reinforcing the prevailing bullish outlook. Ethereum similarly edges higher above $2,400, while Ripple trades above $1.32 after testing support around $1.30.

Pi Network holds modest gains as mixed technicals curb upside

Pi Network (PI) price is up 2% on Friday, showing signs of recovery while the broader cryptocurrency market faces near-term weakness. The crypto market sentiment eases to neutral from bullish amid rising long liquidations.

Bitcoin extends pullback as ETF inflows clash with risk-off sentiment

Bitcoin remains under pressure, trading around $81,800 on Friday, recording modest losses so far this week. Despite a mild pullback, institutional demand showed signs of a comeback with spot Exchange Traded Funds recording $442.67 million in net inflows through Thursday.

Cryptocurrencies price prediction: XRP, BONK & Bitcoin – American Wrap 07 September