|

Cryptocurrencies Price Prediction: Binance Coin, Ripple & Bitcoin — Asian Wrap 09 January

BNB Price Forecast: Poised for a decline on negative Funding Rate

BNB (BNB) price hovers around $696.40 on Thursday after declining 4.58% in the previous two days. BNB’s momentum indicators hint for a further decline as its Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) show bearish signals. Additionally, Coinglass’s OI-weighted funding rate data is also negative, suggesting potential downward pressure on BNB’s price.

Ripple's XRP eyes recovery following executives' dinner with Donald Trump

Ripple's XRP is up 2% on Wednesday following positive sentiments surrounding its CEO Brad Garlinghouse's recent dinner with incoming US President Donald Trump. If the recent recovery sentiment prevails, XRP could stage a breakout above the upper boundary line of a bullish pennant pattern.

Has Bitcoin topped for the cycle? Here's what key metrics suggest

Bitcoin (BTC) experienced a 2% decline on Wednesday as the cryptocurrency market grapples with recent losses. On-chain data has indicated a shift in the accumulation of the leading cryptocurrency, suggesting that holders are increasingly selling their assets. Despite this shift towards distribution, Bitcoin's Market Value to Realized Value (MVRV) ratio suggests that the current market cycle has not yet reached its peak.

Author

More from FXStreet Team
Share:

Editor's Picks

Solana Price Forecast: SOL consolidation near resistance as ETF inflows offer mild support

Solana price is facing slight rejection as it approaches the upper boundary of the consolidation range at around $88 on Wednesday. Institutional demand is strengthening as spot Exchange Traded Funds recorded two consecutive inflows so far this week.

Bitcoin holds firm despite Middle East tensions, eyes recovery - K33

Bitcoin (BTC) held steady near $68,000 despite Middle East tensions, as K33 cited easing long-term selling pressure, rare derivatives signals, and improving inflows as indicators of a rebound.

Top 3 Price Prediction: Bitcoin, Ethereum, and Ripple struggle for direction as consolidation persists

Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) prices trade with a cautious tone at the time of writing on Wednesday as upside momentum continues to fade across the broader crypto market.

Ethereum Price Forecast: Whales step up buying as short positions contract

After holding firm heading into the last weekend, Ethereum (ETH) whales have returned to action, pouncing on the volatility stemming from escalating military actions between the US and Iran.

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: Another month of losses, and it’s been five

Bitcoin (BTC) price is stabilizing around $68,000 at the time of writing on Friday, but the Crypto King is poised to close February on a fragile footing, marking its fifth consecutive month of losses since October and a rare start to the year with back-to-back monthly corrections.