Cryptocurrencies Price Prediction: Bitcoin, Ripple, & Bitcoin Cash – Asian Wrap 02 Jun


Bitcoin Price Prediction: Daily confluence detector shows a lack of strong resistance till $11,500

BTC/USD fell from $10,206.75 to $10,170 as the bears took control following a heavily bullish Monday. As per the daily confluence detector, if the bulls take back control, we may see another wildly volatile day as there is a lack of strong resistance on the upside till $11,500.

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Ripple Price Analysis: XRP/USD shoots above the 20-day Bollinger Band as bulls take control

XRP/USD went up from $0.2112 to $0.2115 as the bulls remained in control of the market for the second straight day. Following this Monday’s bullish action, the price shot above the 20-day Bollinger Band. This – along with the fact that William’s %R is trending in the overbought zone – shows that the price is overvalued and will soon face bearish correction.

 

Bitcoin Cash Price Prediction: BCH/USD knocking on 200-day SMA resistance as $300 level beckons

Bitcoin Cash is leading recovery among the top ten cryptocurrencies on Tuesday with gains of more than 2%. All the top three coins; Bitcoin, Ethereum and Ripple are in the red led by BTC’s loss of 1%. Ether is down 0.58% while XRP has lost 0.22% of its value. Intriguingly, BCH trend remains bullish and its volatility high.


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XRP gains as traders gear up for futures ETFs debut this week

XRP gains as traders gear up for futures ETFs debut this week

XRP climbs over 3% on Monday, hovering around $2.33 at the time of writing. The rally is likely catalyzed by key market movers like XRP futures Exchange Traded Funds (ETFs) approval by the US financial regulator, the Securities and Exchange Commission (SEC), and a bullish outlook. 

Bitcoin Price Forecast: BTC eyes $97,000 as institutional inflow surges $3.06 billion in a week

Bitcoin Price Forecast: BTC eyes $97,000 as institutional inflow surges $3.06 billion in a week

Bitcoin (BTC) price is stabilizing above $94,000 at the time of writing on Monday, following a 10% rally the previous week. The institutional demand supports a bullish thesis, as US spot Exchange Traded Funds (ETFs) recorded a total inflow of $3.06 billion last week, the highest weekly figure since mid-November.

Ethereum Price Forecast: ETH ETFs post first weekly inflows since February

Ethereum Price Forecast: ETH ETFs post first weekly inflows since February

Ethereum (ETH) recovered the $1,800 price level on Saturday after US spot Ether ETFs (exchange-traded funds) recorded their first weekly inflows since February.

Defi Development Corporation files to offer $1 billion in securities to boost its Solana holdings

Defi Development Corporation files to offer $1 billion in securities to boost its Solana holdings

Defi Development Corporation (formerly Janover) filed a registration statement with the Securities & Exchange Commission (SEC) on Friday, signaling its intent to offer and sell a wide range of securities, including common and preferred stock, debt instruments and warrants for the purchase of equity

Bitcoin Weekly Forecast: BTC consolidates after posting over 10% weekly surge 

Bitcoin Weekly Forecast: BTC consolidates after posting over 10% weekly surge 

Bitcoin (BTC) price is consolidating around $94,000 at the time of writing on Friday, holding onto the recent 10% increase seen earlier this week.

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