Cryptocurrencies Price Prediction: Bitcoin, Ethereum & Ripple – American Wrap 9 July

FXStreet Team FXStreet

Bitcoin Price Prediction: BTC/USD should climb above $100,000 by 2021 according to the S2F model

Bitcoin has been flat for the past two months trading between $9,000 and $10,000 without a clear direction. Bitcoin has experienced a few fakeouts to the upside and the downside and continues trading sideways. It’s unclear where Bitcoin is headed next, however, according to the famous S2F Model, BTC should be getting closer to $100,000.

Ethereum Technical Analysis: ETH/USD drops below $240 again but maintains the daily uptrend

Ethereum had a nice rally towards $250 but seems to have failed to crack the crucial level again. The next 24 hours are going to be really important for Ethereum as bulls need to hold the daily 12-EMA at $235.32 to not lose momentum.

Ripple Technical Analysis: XRP/USD aiming to climb above $0.235 but needs to consolidate first

XRP is seeing even more continuation after the surge towards $0.207 on July 8. The daily RSI is on the verge of overextension, and the trading volume keeps increasing. XRP/USD breached above a long-term trendline formed on the daily chart and seems to be ready to crack the last high at $0.235.

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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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