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Cryptocurrencies Price Prediction: Bitcoin, Shiba Inu and Ripple – European Wrap 31 August

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Crypto recovery rallies have unfinished business

Bitcoin price shows that the recent sell-off was quickly undone as bulls came to the rescue. This development was well received by altcoins, including Ethereum and Ripple, which have also experienced quick recoveries.

BTC/USD 1-hour chart

Shiba Inu price may provide a once-in-a-bear-market opportunity

Shiba Inu price hovers around a stable support level formed over the last three months. A breakdown of this barrier could trigger a steep correction that could provide one of the best trading opportunities in this bear market. 

 
SHIB/USDT 4-hour chart

XRP Price Prediction: This bearish continuation pattern could trigger a 70% crash

XRP price reveals a massive bearish setup that could ruin its recovery rally, especially if bulls fail to invalidate it. Therefore, investors need to exercise caution as this outlook is in line with the macro bearish structure of the crypto market.
XRP/USDT 1-day chart

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BNB Price Forecast: BNB slips below $855 as bearish on-chain signals and momentum indicators turn negative

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Top Crypto Losers: Aster, Midnight, and Ethena extend losses as selling pressure mounts

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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.