Cryptocurrencies Price Prediction: Bitcoin, Ripple and Crypto.com – European Wrap 10 February
|Bitcoin Weekly Forecast: Crypto markets bullish no more?
Bitcoin price is trying its best to break free from the macro bearish regime, and the 2023 rally is a testament to this. Although the 48% upswing has slowed, it is still too early to say whether this is just a minor pullback or a resumption of the longer-term bear trend.
Ripple is pointing higher
XRPUSD is showing nice and clean bullish setup formation in the 4-hour chart that can send the price higher, at least up to 0.50 resistance area for wave (C) or maybe even higher within wave (3).
Crypto.com Coin price at crucial level as major rout could be next
The price of Crypto.com Coin (CRO) took a strong uppercut of 8% losses as bulls were knocked out against the ropes Thursday. In a ninja-type of event, bears suddenly swarmed the market and sparked sell-offs across the board in bonds, equities and cryptocurrencies. Several warnings were already issued throughout the week that tail risks were flaring up again, and the message from Federal Reserve Chair Jerome Powell on Tuesday was initially perceived as dovish by markets before its hawkish intent was digested later in the week.
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