|

Cryptocurrencies Price Prediction: Bitcoin, Ripple & Ethereum – Asian Wrap 12 May

Bitcoin Price Analysis: Much ado about nothing? Was the halving a non-event?

BTC/USD fell from $8,727.75 to $8,636.50 as the bears retained control for the fourth straight day. Bitcoin just experienced its third halving event, however, it looks like it isn’t going to be the huge bullish event that many were touting it to be. Currently, many fear that miners may quit the market due to the drop in mining profitability.

Ripple Price Analysis: These two resistances thwart XRP/USD bulls’ efforts

Ripple was at the forefront of the selloff that took place over the weekend. The bearish leg extended to $0.1750 before a shallow reversal came into play. Bulls have in the last 48 hours nursed their wounds above the short term support at $0.19. On the upside, the price movement has been capped at the 200-day SMA ($0.20).

Ethereum Price Analysis: ETH/USD stalls under the 50% Fibonacci as Bitcoin halving goes by unnoticed

Ethereum bulls are keen on nurturing a bullish trend following the recent dip to $180. Recovery was steady on Sunday with ETH/USD stepping above $190. However, selling pressure has continued to limit gains towards $200. Meanwhile, Ethereum slipped under $190 level and is valued at $187 at the time of writing.

Author

More from FXStreet Team
Share:

Editor's Picks

Bitcoin steadies as traders eye US–Iran talks

Bitcoin (BTC) price is stabilizing around $68,000 at the time of writing on Thursday after a 6.2% relief rally the previous day amid a broader downward trend.

Ripple holds modest gains as open interest hits one-year low

Ripple (XRP) rises alongside major crypto assets to trade above $1.43 at the time of writing on Thursday. The slow but steady recovery comes after the remittance token declined to a weekly low of $1.31 on Tuesday, as investors navigated key changes in the United States (US) tariff policy.

Meme Coins Price Prediction: Dogecoin, Shiba Inu, Pepe struggle to extend gains

Meme coins, including Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE), have remained stable so far on Thursday after rising around 5%-10%-5% respectively on Wednesday, suggesting a lack of sustained bullish momentum.

Solana strikes key resistance with double-digit gains

Solana (SOL) trades at $88 at press time on Thursday, after an 11% upswing the previous day within a broader consolidation range of roughly three weeks. Institutional demand for Solana heightens as US spot SOL Exchange Traded Funds (ETFs) record $30 million of inflow on Wednesday.

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: No recovery in sight

Bitcoin (BTC) price continues to trade within a range-bound zone, hovering around $67,000 at the time of writing on Friday, and falling slightly so far this week, with no signs of recovery.