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Cryptocurrencies Price Prediction: Bitcoin, Tezos and Ripple – European Wrap 14 September

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Bears overpower hopeful bulls, here’s what to expect next

Bitcoin price produced a steep correction after collecting the liquidity resting above Monday’s highs. Ethereum and Ripple also took massive hits as they accompanied BTC in its descent. 

BTC/USD 12-hour chart

Tezos price at inflection point, as XTZ decides between a 16% rally and 13% crash

Tezos price has seen a massive sell-off over the last 24 hours, and the reason can be attributed to Bitcoin bears influencing the whole crypto market. Like XTZ, many altcoins have suffered a similar fate and now find themselves at crossroads – will they fall further or find their feet and attempt a recovery rally?

 
XTZ/USDT 12-hour chart

Ripple price slides as XRP traders get a harsh lesson on economics

Ripple (XRP) price was a textbook example on Tuesday of what can happen with a rally when traders try to pre-position and are convinced that a specific economic number will hold a surprise that only bring more profit to their trade. Of course, every economic data point that comes out holds a certain risk, especially if that data point is US inflation, which has been the keyword for most of 2022. The rise in inflation has poured cold water on long-positions and washed them out, with XRP price back below $0.3500, and more pain to come.

XRP/USD Daily chart

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