Cryptocurrencies Price Prediction: Bitcoin SV, EOS & Kyber – American Wrap 6 June

FXStreet Team FXStreet

Bitcoin SV Technical Analysis: BSV/USD eyeing up $200 after a massive 22% price boost

Bitcoin SV is making a comeback after a ridiculous 22% breakout almost hitting $200 for the first time since June 11. Of course, BSV is currently inside a daily uptrend and above the 12-EMA and the 26-EMA.

EOS Technical Analysis: EOS/USD still facing resistance at $2.61 despite huge 8% increase in price

After holding two higher lows in a row at $2.3 and $2.32 respectively, EOS has now confirmed a daily uptrend. Buyers have pushed the digital asset above the 12-EMA and the 26-EMA which crossed bearishly on June 14.

Kyber Network Technical Analysis: KNC/USD eyeing up $2 again after a brief and healthy consolidation

Kyber Network has been outperforming basically the entire crypto market for the past month. On July 3, KNC/USD hit a new 2020-high at $2.05, a level not seen since May 2018. After two days of healthy consolidation, KNC bulls are back and eying up $2 again.

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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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