Three Major Crypto Assets Price Predictions: Gate Coin, Ethereum, and Ripple Consolidate as Traders Follow Important Economic Data

2025-10-11 21:16

• The price of Gate Coin has shown a steady upward trend this week, having increased by approximately 3% so far.
• Ethereum has been consolidating in the range of $4,200 to $4,500 for over a week, reflecting a wait-and-see attitude among market participants.
• XRP( is finding support near its 100-day moving average of $2.75, with the potential to initiate a rebound.

The price of Gate token is trading above $110,000 at the time of writing, having rebounded nearly 3% so far this week. The price of Ethereum remains range-bound within a critical price zone, while Ripple is stabilizing near an important support level. As traders exercise caution ahead of key U.S. economic data releases, these three major cryptocurrencies are in a consolidation phase. The upcoming data may impact the direction of the Federal Reserve's monetary policy, keeping the crypto market on alert.

Gate Token Technical Indicators Improve, Showing Preliminary Strong Signals

Gate Token showed a positive trend at the beginning of this week, having risen 3.20% by Wednesday, closing above its 100-day exponential moving average of $110,000. Although there was a pullback on Thursday, support was found near the 100-day moving average. As of the time of writing on Friday, Gate Token continued its rebound, with a trading price exceeding $111,000.

If GateCoin can continue to rise, it may further climb to the intraday resistance level of $116,000.

The relative strength index on the daily chart, )RSI(, has a reading of 46, moving towards the neutral level above 50, indicating that bearish momentum is weakening. In addition, the moving average convergence/divergence indicator, )MACD(, generated a golden cross signal on Friday, showing that momentum is improving and supporting a bullish outlook.

Gate/USDT Daily Chart

However, if GateCoin encounters selling pressure, it may drop to the intraday support level of $105,500.

Ethereum is in a range-bound fluctuation, reflecting traders' indecision.

The price of Ethereum has been consolidating between $4,230 and $4,490 since last Friday. This week, it has been oscillating within this range, reflecting the cautious attitude of market participants. As of Friday, Ethereum was hovering near the lower end of the range at $4,230.

If Ethereum can find support around $4,230 and break through $4,490 at the daily close, it may continue to rise to the historical high of $4,960.

The RSI on the daily chart fluctuates around the neutral level of 50, indicating a divergence in trader sentiment.

ETH/USDT daily chart

However, if Ethereum falls below the support level of $4,230 and closes below it, it may further decline to the 50-day exponential moving average of $4,050.

XRP technical indicators show weakening bearish momentum

The price of XRP stabilized at an intraday support level of $2.70 on Monday, rebounding by 3.74% the next day. However, it faced resistance and fell back on Wednesday, with a slight decline on Thursday as it retested the 100-day exponential moving average at $2.75. As of Friday when this was written, XRP had slightly rebounded, trading around $2.80.

If the 100-day moving average at $2.75 continues to provide support, XRP may rebound to the 61.8% Fibonacci retracement level of $3.00.

Similar to Gate Coin, the RSI reading for XRP is 43, moving towards the neutral level of 50, indicating a weakening of bearish momentum. To maintain the rebound momentum, the RSI needs to break above the neutral level.

XRP/USDT Daily Chart

However, if XRP closes below $2.75, it may further test the intraday support level of $2.70.

Cryptocurrency Indicator Analysis

What is the circulating supply of )?

The development team or founders of each cryptocurrency decide the total amount of tokens that can be minted or issued. Only a specific number of these assets can be generated through mining, staking, or other mechanisms. This is determined by the algorithms of the underlying blockchain technology. On the other hand, the circulating supply may also decrease due to actions such as token burns or mistakenly sending tokens to incompatible blockchain addresses.

How is the market capitalization calculated for ###?

Market capitalization is the result of the circulating supply of an asset multiplied by its current market price.

What does trading volume represent?

Trading volume refers to the total number of tokens of a certain asset traded or exchanged by buyers and sellers within a specific time period, such as 24 hours, ###. It is used to gauge market sentiment, and this metric encompasses all trading volumes from both centralized and decentralized exchanges. An increase in trading volume typically indicates a rise in demand for a certain asset, as more people are buying and selling that cryptocurrency.

What is the funding rate?

The funding rate is a mechanism designed to encourage traders to establish positions and ensure that perpetual contract prices stay in line with the spot market. It defines the mechanism used by exchanges to periodically bring perpetual prices and index prices into alignment. When the funding rate is positive, it indicates that the perpetual contract price is higher than the spot price, and long positions must pay fees to short positions. Conversely, a negative funding rate means that the perpetual price is lower than the spot price, and traders holding short positions must pay fees to traders holding long positions.

Disclaimer: This article is for reference only. Past performance does not guarantee future results.