Ripple (XRP) and Stellar (XLM) are regaining momentum on Wednesday, mirroring gains across major digital assets. XRP has climbed above $1.36, while XLM has reached $0.1854, reinforcing support levels recently tested.

Bitcoin (BTC) edges higher on Wednesday as buyers appear to increase risk exposure.

UOB strategists Quek Ser Leang and Lee Sue Ann report that GBP/USD surged as Sterling outperformed major peers, though short-term conditions are now overbought. Intraday, they expect consolidation within a tight band, but the 1–3 week view still allows for further gains toward higher resistance, with downside invalidation only on a break of revised strong support levels.

Ripple (XRP) appears intent on making a comeback on Wednesday, as the price edges higher above $1.36. The token has sustained gains for the second consecutive day, sending subtle signals of a possible turnaround following the recent sell-off below $1.30.

Dogecoin (DOGE) is trading marginally above $0.0800 on Tuesday, up 1% on the day, against lows around $0.0785. The meme coin is cautiously navigating a broader lethargic cryptocurrency market where Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) are struggling to gain momentum.

United Overseas Bank’s (UOB) Quek Ser Leang notes AUD/USD outperformed on Monday, closing at 0.6980 after China’s stronger Q3 GDP print. Short term, the Australian Dollar is seen probing 0.7000, though a sustained break above this level and the major resistance at 0.7015 is deemed unlikely.

United Overseas Bank’s (UOB) Quek Ser Leang notes USD/CHF closed firmer at 0.8265 after trading in a tight 0.8228–0.8270 band. Intraday, a slight uptick in momentum points to modest gains within 0.8240–0.8285.

MUFG’s Lloyd Chan highlights that the Dollar has softened after comments from Fed Chair Warsh reduced expectations of another rate hike, but still-high global yields keep the backdrop challenging for Asia FX.

The US Dollar (USD) has managed to regain some composure, leaving behind two daily drops in a row helped by rising US Treasury yields and reignited social/political concerns in France.

Bitcoin (BTC) trades higher, above $82,000 on Monday, helping lift broader crypto market sentiment after last week's correction near $80,000.

The Euro (EUR) keeps losing ground against the British Pound (GBP) on Monday, as student protests in France turn violent, putting additional pressure on the already strained President Emmanuel Macron's government.

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is inching lower after opening at a bullish gap and remaining in positive territory near 102.00 during the Asian hours on Monday.

Bitcoin (BTC) ticks down below $82,000 on Friday amid a tug-of-war between bulls and bears over the trend. While bulls appear to have the upper hand, backed by strong structural support, key supply levels at $84,000 and around $87,000 suggest the recovery could be an uphill battle. 

Ripple (XRP) ticks up for the second day in a row on Friday, trading at $1.34. The remittance token holds above medium-term structural support; however, strong supply near $1.40 caps upside.

The Euro (EUR) remains on its back foot against the British Pound (GBP) on Friday, as UK macroeconomic data released on Tuesday beat expectations while Eurozone’s figures disappointed.

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is extending its losses for the second successive day and trading around 101.90 during the Asian hours on Friday.

Dogecoin (DOGE) extends its correction and trades at $0.0789 amid heavy selling on Thursday. The $0.0800 supply limits the meme coin’s upside and constrains any recovery attempts.

Ripple (XRP) is stuck in a bearish trend, trading near $1.30 on Thursday. The remittance token’s bearish shift reflects the broader cryptocurrency market, which remains under heavy selling amid concerns about accelerating inflation in the United States (US).

MUFG’s Lloyd Chan highlights that the firm US Dollar, high US Treasury yields and elevated Oil prices are weighing on Asian FX. The Indian Rupee, Indonesian Rupiah and Thai Baht are seen as particularly vulnerable.

The Euro (EUR) retreats further from session highs against the British Pound (GBP) on Thursday, as Eurozone Industrial Production misses expectations, while UK monthly Dros Domestic Product (GDP) figures posted a positive surprise.

Ripple (XRP) and Stellar (XLM) extend their losses on Thursday as bearish momentum builds, having corrected over 7% and 11% so far this week. XRP and XLM both slip below key support zones, indicating weakening technical structure.

Bitcoin (BTC) is edging lower toward $82,000 on Wednesday as headwinds from sticky inflation in the United States (US) force investors to reevaluate their positioning.

The Euro (EUR) resumes its downtrend against the British Pound (GBP) as high Oil prices are hitting the common currency harder than the GBP, while concerns about France’s public debt keep investors on their toes.

Societe Generale strategists note EUR/GBP has continued its pullback after failing at the 0.8610 graphical hurdle linked to the February and March troughs. The cross has slipped below the July lows, reinforcing prevailing downside momentum.

Ripple (XRP) gains momentum and trades above $1.35 on Tuesday, aligning with the broader cryptocurrency market recovery. Crypto majors, including Bitcoin (BTC) and Ethereum (ETH), hold above Monday's weekly lows, suggesting bulls are staging a broad comeback.

Here is what you need to know on Tuesday, October 13:

Ripple (XRP) and Stellar (XLM) rebound slightly on Tuesday, trading above $1.359 and $0.191, respectively, following a correction the previous day. Both XRP and XLM now test key support levels, with improving derivatives metrics supporting their recovery.

Cryptocurrency prices are broadly pulling back on Monday, with Bitcoin (BTC) trading lower, below $83,000. Last week’s correction pushed BTC toward $80,000, but bulls reengaged and increased risk exposure, lifting prices near $84,000.

Ripple (XRP) is coming under intense selling pressure, trading around $1.40 on Monday. The remittance token appears to lack the required tailwind to sustain its recovery, while broader crypto market headwinds weigh on price action.

United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann note AUD/USD closed firmly around 0.6981, with underlying momentum continuing to improve. For today, they expect the pair to edge higher but see resistance at 0.7000, with support at 0.6970 and 0.6960.