Cryptocurrencies Price Prediction: Ripple, Cryptos & Meme coin – American Wrap 02 June
|Ripple price forecast: XRP risks nearly 20% drop if losses extend, targets $1.76
Ripple (XRP) faces legal uncertainty in its battle with the United States (US) Securities and Exchange Commission (SEC), and the XRP price continues to slide. At the time of writing, XRP is trading at $2.1540, down 1.20% in the day.
Crypto Today: Market sentiment weakens amid Russia-Ukraine tensions; Bitcoin ETFs see first weekly outflow since mid-April
The cryptocurrency market is showing early signs of weakness at the start of this week on Monday as risk-off sentiment escalates amid rising tensions in the Russia-Ukraine war.
SPX6900 meme coin eyes bullish reversal amid Open Interest surge and golden cross
SPX6900 (SPX) meme coin edges lower on Monday after a 13% surge the previous week. However, SPX still holds over 6% gains over the last 24 hours at press time. Despite the short-term struggle to hold above $1, the technical outlook, with an EMA crossover and a pattern breakout, alongside the soaring Open Interest (OI), suggests a continuation of the bullish trend.
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