Cryptocurrencies Price Prediction: Ripple, Mantle & Ethena – American Wrap 04 August
|XRP price could accelerate recovery eyeing record highs as derivatives market stabilizes
Ripple (XRP) price regains strength for the second day in a row, trading slightly above $3.00 at the time of writing on Monday. The uptick in crypto prices across the market follows an extremely volatile week, marked by key macro events including the Federal Reserve (Fed) interest rate hold and the announcement of United States (US) President Donald Trump’s higher tariffs, most of which are expected to take effect on August 7.
Mantle Price Forecast: MNT’s 20% surge reclaims key support as bulls eye $1
Mantle (MNT) price posts one of the strongest intraday rebounds on Monday, backed by strong retail interest and risk-on sentiment in the broader cryptocurrency market. The bullish sentiment follows extremely oversold conditions last week, triggered by macroeconomic uncertainty and the impact of higher tariffs in the United States (US), which are expected to take effect later this week.
Ethena Price Forecast: ENA leads crypto recovery amid steady DeFi TVL
Ethena (ENA) price posts one of the strongest rebounds among major cryptocurrencies on Monday, underpinned by a strong Decentralized Finance (DeFi) ecosystem and steady retail demand. After correcting to $0.51 support on Saturday, ENA increased 24% to $0.63 before retracing to exchange hands at around $0.61 at the time of writing.
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