Cryptocurrencies Price Prediction: Bitcoin, Tezos and Ripple – European Wrap 14 September
|Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Bears overpower hopeful bulls, here’s what to expect next
Bitcoin price produced a steep correction after collecting the liquidity resting above Monday’s highs. Ethereum and Ripple also took massive hits as they accompanied BTC in its descent.
Tezos price at inflection point, as XTZ decides between a 16% rally and 13% crash
Tezos price has seen a massive sell-off over the last 24 hours, and the reason can be attributed to Bitcoin bears influencing the whole crypto market. Like XTZ, many altcoins have suffered a similar fate and now find themselves at crossroads – will they fall further or find their feet and attempt a recovery rally?
Ripple price slides as XRP traders get a harsh lesson on economics
Ripple (XRP) price was a textbook example on Tuesday of what can happen with a rally when traders try to pre-position and are convinced that a specific economic number will hold a surprise that only bring more profit to their trade. Of course, every economic data point that comes out holds a certain risk, especially if that data point is US inflation, which has been the keyword for most of 2022. The rise in inflation has poured cold water on long-positions and washed them out, with XRP price back below $0.3500, and more pain to come.
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