BTC & XRP Price Forecast: Crypto Market Braces for Volatility - American Wrap June 24
Crypto markets twitch like a day trader after three espresso shots as Bitcoin and XRP face make-or-break momentum.
Will the bulls charge or get slaughtered? Here's the brutal truth.
Bitcoin's make-or-break moment
The OG crypto flirts with key resistance levels while institutional money plays hard to get. Another rejection here could send BTC back to the dungeon.
XRP's regulatory limbo
Ripple's favorite token dances on SEC knives - every court update sends shockwaves through its fragile price action. Lawyers are the real winners here.
Market-wide jitters
Altcoins mimic BTC's every move like overeager interns - except with 3x the volatility and none of the job security. (Pro tip: watch ETH's gas fees for the real market thermometer)
As always in crypto: either you're early, you're wrong, or you're a Wall Street bank finally 'discovering blockchain' a decade late. Place your bets.
Hyperliquid Price Forecast: HYPE offers mixed technical signals amid steady futures open interest
Hyperliquid (HYPE) has maintained a prolonged downtrend since reaching its new all-time high (ATH) of around $45.71. The Middle East tensions-triggered crash over the weekend extended HYPE’s pullback 32% below the ATH. Support at $30.00 proved helpful, providing liquidity for the upswing that tested resistance at $37.00 before correcting to trade around $34.15 at the time of writing.
XRP rebounds above $2.00 amid steady inflows and drop in exchange reserves
Ripple (XRP) faces increasing downside pressure as it trades slightly above $2.00 at the time of writing on Monday. The sell-off over the weekend followed United States (US) strikes on Iran on Saturday, triggering massive liquidations. XRP is currently constrained between support at $2.00 and resistance at $2.09 after bouncing from lows of $1.90, reached on Sunday.
Bitcoin Price Forecast: BTC rebounds to $102,000 as MetaPlanet buys the dip, geopolitical fears linger
Bitcoin (BTC) price rebounds slightly, trading around $102,000 at the time of writing on Monday after dipping to $98,200 the previous day. Institutional investors further supported the price recovery as MetaPlanet added 1,111 BTC to its treasury reserve. However, traders should be cautious as the US attack on Iran sparked market-wide risk aversion on Sunday, triggering over $656 million in liquidations.
