|

Cryptocurrencies Price Prediction: XRP, EGLD & Bitcoin – American Wrap 2 January

XRP price eyes $0.7 as crypto markets anticipate Spot Bitcoin ETF approvals

Ripple (XRP) price action has consolidated into a symmetric triangle, with prospects for a bullish breakout as the market sentiment remains optimistic. 
EGLD price is looking at a bullish start to 2024, achieving a breakout as the new year begins. The altcoin observed a successful bull flag pattern over the past couple of days and is set to mark a considerable rally. The network is also taking steps to launch itself deeper into the crypto space.
EGLD/USD 4-hour chart

Bitcoin started 2024 trading with gap-higher opening and surged near $46000, the highest levels since April 2022.

Fresh rally was sparked by growing optimism that US securities regulator would soon approve exchange traded spot bitcoin funds, which greatly improved the sentiment.

BTCUSD

Author

More from FXStreet Team
Share:

Editor's Picks

XRP pressured by weak ETF flows and declining retail interest

Ripple (XRP) is edging lower, trading above its intraday low of $1.32 at the time of writing on Tuesday. The decline from its weekly opening of $1.39 reflects heightened volatility in the broader cryptocurrency market, accentuated by tariff-triggered uncertainty.

Crypto Today: Bitcoin, Ethereum, XRP come under renewed pressure amid ETF outflows, tariff uncertainty

Bitcoin, Ethereum and Ripple are trading under increasing selling pressure at the time of writing on Tuesday, as market participants navigate renewed tariff uncertainty. The Crypto King holds above $63,000, down 2% intraday from its $64,656 open.

Bitcoin falls to two-week low as ETF outflows, tariff chaos weigh

Bitcoin price extends losses on Tuesday, ending a two-week consolidation phase. Risk-on sentiment fades amid growing uncertainty over Trump’s tariffs and rising US-Iran tensions, increasing downside risks toward $60,000.

Sui Price Forecast: SUI capitulates under pressure, opens the door to $0.70

Sui (SUI) declines by 3% at press time on Tuesday, extending the downside breakout of a short-consolidation range confirmed the previous day. Retail sentiment is bearish, as evidenced by increased long liquidations and a sharp drop in the funding rate. 

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.

Bitcoin: No recovery in sight

Bitcoin (BTC) price continues to trade within a range-bound zone, hovering around $67,000 at the time of writing on Friday, and falling slightly so far this week, with no signs of recovery.