Cryptocurrencies price prediction: Bitcoin, Bitcoin Gold & Ripple – European Wrap – 4 February

FXStreet Team FXStreet

Bitcoin lived through great January, February may be less spectacular if $9,000 gives way

Bitcoin (BTC) bulls seemed to feel disappointment with a failed attempt to settle above $9,600 and let the bears run the show, BTC/USD has been sliding down for the third day in a row amid technical correction after the recent spike. At the time of writing, BTC/USD is changing hands at $9,160, down 1.3% on a day-to-day basis. Notably, the number of in the money accounts settled at 77% amid divergence with the price movements.

Bitcoin Gold Price Analysis: BTG/USD breakout meets acute selling pressure at $12

Bitcoin Gold is suffering the most under the tough bears’ grip on Tuesday. The cryptoasset has transformed from being one of the best-performing assets in January to the biggest daily loser.

The trading in both the Asian and the European sessions has been characterized by increased selling activity. Following the opening value of $11.77, BTG hit a low at $11.07 before adjusting to $11.21 (market value). In other words, the cryptoasset has thinned 4.46% barely halfway through the day’s trading.

Ripple Price Analysis: XRP declines ahead of XRP/USD quanto swaps launch on BitMEX

XRP tested the intraday low at $0.2475 and recovered to $0.2500 by the time of writing. The third largest digital asset has lost about 1.4% since the beginning of the day, moving in sync with the market.

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FXStreet Team

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Solana Price Forecast: SOL consolidates as spot ETF inflows near $1 billion signal institutional dip-buying

Solana (SOL) price hovers above $131 at the time of writing on Monday, nearing the upper boundary of a falling wedge pattern, awaiting a decisive breakout.

Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC, ETH and XRP face pressure near key technical barriers

Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) hover around key levels on Monday after correcting slightly in the previous week. The top three cryptocurrencies by market capitalization could face increased downside risk as bearish momentum builds across key indicators.

Top Crypto Losers: DASH, SPX, PENGU – Privacy and meme coins lose ground

Altcoins, including Dash (DASH), SPX6900 (SPX), and Pudgy Penguins (PENGU), are leading losses as the broader cryptocurrency market remains cautious ahead of the macroeconomic data releases, such as the US Nonfarm payroll report, CPI data, and the Bank of Japan’s rate-hike decision.

Top 3 Price Prediction: BTC and ETH eyes breakout, XRP steadies at support

Bitcoin (BTC) and Ethereum (ETH) are nearing the key resistance levels at the time of writing on Friday, and a successful breakout could open the door for a fresh rally. Meanwhile, Ripple (XRP) is stabilizing around a crucial support zone, hinting at a potential rebound if buyers maintain control.

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Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.

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