Cryptocurrencies Price Prediction: Ripple, SafeMoon & Bitcoin — Asian Wrap 10 Feb


XRP investors FOMO amid developments in SEC vs. Ripple lawsuit

XRP price action has been some of the best performing price action in the entire crypto-space. This recent bullish drive has given XRP bulls a reprieve of sorts as XRP has outperformed Bitcoin and Ethereum – something it has struggled to do for nearly two years.

 

SafeMoon price consolidates before another massive breakout like 2021

SafeMoon price is stuck in a tight range, giving traders a warning that a more extensive move may be coming soon. Limited historical data on the newest SafeMoon charts adds additional risks as forecasting becomes more tightly bound to current traded price ranges. 

 

Bitcoin to hit $150,000 and compete against Gold, says JP Morgan

Banking giant JP Morgan believes that Bitcoin price could reach $150,000, and the asset could compete with private investment in Gold. Analysts at JP Morgan believe that Bitcoin volatility needs to drop; once the asset is substantially less volatile, it could gain value. 


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Cardano rebounds to test resistance at $0.69 as technical indicator flashes a buy signal. A minor increase in the derivative Open Interest to $831 million suggests growing trader interest in ADA.

Crypto Today: Bitcoin's downside risks escalate as BTC spot ETF outflows extend

Crypto Today: Bitcoin's downside risks escalate as BTC spot ETF outflows extend

The cryptocurrency market is consolidating losses after starting the week amid high volatility. Bitcoin attempted to steady the uptrend above $106,000 but lost steam, resulting in a reversal to $105,204 at the time of writing on Tuesday. 

Bitcoin falls below $106,000 as risk-off sentiment persists

Bitcoin falls below $106,000 as risk-off sentiment persists

Bitcoin price faces rejection around its $106,406 resistance level on Tuesday, hinting at a potential correction ahead. Market sentiment sours as growing Israel-Gaza tensions weigh on riskier assets, such as BTC.

Coinbase asset roadmap adds Ethena, ENA targets $0.34 breakout before listing 

Coinbase asset roadmap adds Ethena, ENA targets $0.34 breakout before listing 

Ethena records its fourth consecutive positive day, signaling increased bullish momentum. Coinbase announces the addition of Ethena to the asset roadmap, making it tradable on the platform soon. 

Bitcoin: BTC dips as profit-taking surges, but institutional demand holds strong

Bitcoin: BTC dips as profit-taking surges, but institutional demand holds strong

Bitcoin (BTC) is stabilizing around $106,000 on Friday, following three consecutive days of correction that have resulted in a near 3% decline so far this week. The correction in BTC prices was further supported by the profit-taking activity of its holders, which has reached a three-month high. 

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