Cryptocurrencies Price Prediction: Ethereum, Cardano & Ripple — Asian Wrap 20 August
|Ethereum gas fees hit record lows as ETH attempts historical price move
Ethereum is down over 3% on Monday after posting weak flows across ETH ETFs and record lows in gas fees last week. The decline also coincides with ETH attempting to repeat a historical price move that it experienced in the last two years.
ADA slips out of top 10 cryptos, risk heavy correction as on-chain indicators turn bearish
Cardano (ADA) slipped out of the top 10 cryptocurrencies by market capitalization on Monday following a bearish signal across several of its on-chain metrics.
XRP Ledger sees big drop in transactions in 2024
Ripple (XRP) trades at $0.5833 on Monday as the altcoin extends gains and recovers from the crypto market crash in early August. The Ripple stablecoin announcement, the Securities & Exchange Commission (SEC) vs. Ripple lawsuit ruling and recent research reports published by SBI-owned HashHub are the key market movers for the altcoin this week.
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