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Cryptocurrencies price prediction: XRP, Shiba Inu & Bitcoin – American Wrap 11 August

Cryptocurrencies price prediction: XRP, Shiba Inu & Bitcoin – American Wrap 11 August
FXStreet TeamFXStreet TeamFXStreet

Shiba Inu Price Forecast: SHIB extends sell-off despite surging futures Open Interest

Shiba Inu (SHIB) maintains a bearish outlook on Tuesday, as it edges lower at $0.00000450. This marks the seventh day the meme coin has sustained a sell-off, weighed down by a weak technical structure.

XRP holds fragile $1.00 support amid muted ETF demand

Ripple (XRP) continues to lose momentum on Tuesday, as bears tighten their grip. The drop toward $1.00 aligns with lethargic sentiment in the broader cryptocurrency market. A daily close below that critical demand area could deepen the sell-off, narrowing XRP’s recovery potential.

Bitcoin whales add 46,000 BTC but weak network activity clouds recovery

Bitcoin (BTC) whales and spot exchange-traded funds (ETFs) are absorbing supply, yet on-chain data shows the wider recovery still lacks depth.

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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.