Cryptocurrencies Price Prediction: Ethereum, Memecoins & Ripple – American Wrap 11 August
|Top two meme coins on the verge of breakout as Ethereum nears all-time high
Ethereum (ETH) price is extending its uptrend toward its record high of $4,878, reached in November 2021 after breaking above the resistance-turned-support level at $4,000 over the weekend. While interest in the largest smart contracts token by market capitalisation remains steady, investors may want to shift their attention to ecosystem meme coins such as Bonk (BONK) and Pepe (PEPE), which are delaying their bullish breakout.
XRP price uptrend falters amid futures open interest recovery
Ripple (XRP) price offers signs of consolidating slightly above support at $3.00 on Monday. While the token's technical structure leans largely bullish, profit-taking is dampening the uptrend.
Why Ethereum could be entering a "2017 Bitcoin moment"
Ethereum (ETH) is clawing back some of the gains accrued since last week's breakout from support at $3,500 after tagging an intraday high of $4,349 on Monday.
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