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Cryptocurrencies price prediction: XRP, Kite & Cryptos – American Wrap 20 February

Cryptocurrencies price prediction: XRP, Kite & Cryptos – American Wrap 20 February
FXStreet TeamFXStreet TeamFXStreet

XRP holds $1.40 support amid ETF inflows, weak derivatives market

Ripple (XRP) is trading above a critical support at $1.40 at the time of writing on Friday, signaling stability ahead of a potential breakout toward the weekly open of $1.48. 

Kite Price Forecast: KITE surges 14%, outpacing other AI crypto tokens

Kite (KITE) is extending its rally above $0.27 at the time of writing on Friday, supported by positive market sentiment within its ecosystem. The Artificial Intelligence (AI) crypto token is up over 14% intraday and 18% over the past 24 hours, highlighting its overall uptrend.

Panic premium lingers in options even as Bitcoin recovers from lows

The crypto market pulled back from potential peril on Thursday, with Bitcoin rising 3.9% from a local low of $65,600.

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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.

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XRP upside remains capped despite Ripple-Meritz partnership in Korea

XRP upside remains capped despite Ripple-Meritz partnership in Korea

Ripple (XRP) trades in a tight range on Wednesday, with key psychological support levels at $1.30 and $1.35, while a supply-heavy upside caps the token’s recovery potential toward $1.40.

Bitcoin extends rebound above $84,000 with US CPI data in focus

Bitcoin extends rebound above $84,000 with US CPI data in focus

Bitcoin extends its recovery on Wednesday, aiming for the $85,000 resistance. US-listed BTC spot ETFs recorded an inflow of $175.62 million on Tuesday, after a mild outflow on Monday.

Crypto Today: Bitcoin, Ethereum, XRP hold steady ahead of US CPI

Crypto Today: Bitcoin, Ethereum, XRP hold steady ahead of US CPI

Bitcoin (BTC) is staging a subtle recovery on Wednesday, holding above $84,000. The Crypto King remains broadly in bullish hands despite failure to break the supply cluster in the $87,000-$88,000 range.

Pi Network halts decline as Core Team explores stablecoin integration

Pi Network halts decline as Core Team explores stablecoin integration

Pi Network (PI) price is holding steady above $0.0800 at press time on Wednesday, following a 2% rebound the previous day that prevented a lower leg from forming below last week’s low of $ 0.0774.

Bitcoin: Uptober or Rektober?

Bitcoin: Uptober or Rektober?

Bitcoin (BTC) price is down over 4% so far this week, trading below $83,000 at the time of writing on Friday as mounting selling pressure threatens to derail the seasonal “Uptober” rally. Profit-taking, a surge in long liquidations and weakening demand from institutional investors are weighing on BTC.