fxs_header_sponsor_anchor

Cryptocurrencies Price Prediction: Binance, Shiba Inu & Ripple – American Wrap 03 August

Binance defies regulatory FUD with 22 million new registered users in three months, BNB price drops 30%

BNB, the ticker for the Binance Coin crypto, is trading horizontally after a stark drop from the April highs. The sideways move comes as the broader cryptocurrency market continues without a catalyst, with Bitcoin (BTC) price leading the altcoins in the steady slide. For Binance Coin, however, the dormancy comes as the BNB network remains subject to regulatory scrutiny, with both the exchange and its CEO facing civil charges from US regulators.
Shiba Inu, a crypto project that gained popularity as a meme coin, is gearing up to find utility among serious investors. A representative of the Shiba Inu blockchain told CoinDesk that SHIB has plans to implement digital identity verification for applications in its ecosystem. This could bring SHIB to par with its peers in the DeFi ecosystem.
 
Ripple’s partial victory versus the US Securities and Exchange Commission’s (SEC) has helped the cross-border remittance firm make the decision to re-engage with the US market. The payment firm is already making strides in its partnerships in regulated places like the UK, Europe, Singapore, Dubai and the Middle East. 

XRP/USD

Overview
Today last price 0.6744
Today Daily Change -0.0106
Today Daily Change % -1.55
Today daily open 0.685
 
Trends
Daily SMA20 0.731
Daily SMA50 0.5876
Daily SMA100 0.5312
Daily SMA200 0.478
 
Levels
Previous Daily High 0.708
Previous Daily Low 0.6764
Previous Weekly High 0.7519
Previous Weekly Low 0.6746
Previous Monthly High 0.9396
Previous Monthly Low 0.458
Daily Fibonacci 38.2% 0.6885
Daily Fibonacci 61.8% 0.696
Daily Pivot Point S1 0.6716
Daily Pivot Point S2 0.6582
Daily Pivot Point S3 0.64
Daily Pivot Point R1 0.7032
Daily Pivot Point R2 0.7214
Daily Pivot Point R3 0.7348

 

 

 

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2025 FOREXSTREET S.L., All rights reserved.