Cryptocurrencies Price Prediction: Ripple, Stacks & Ethereum — Asian Wrap 22 April
|Ripple Price Prediction: What's next for XRP as whales accumulate, exchange inflows drop, while support holds?
Ripple (XRP) price stabilizes above its $2.00 support during the late Asian session on Tuesday. An attempt to break out of the consolidation range the previous day left more long than short positions liquidated, dampening market sentiment. Still, XRP bulls can redeem themselves and resume the uptrend, targeting $3.00 amid growing risk appetite among the whales and declining exchange inflows.
Stacks Price Forecast: STX soars 20% as BTC surpasses $88,000
Stacks (STX) price is extending its gains by 9%, trading around $0.76 at the time of writing on Tuesday, following a 10% rally the previous day. On-chain data paints a bullish picture, as STX open interest and trading volume are rising. The technical outlook suggests a continuation of the rally, targeting the $0.84 level.
Ethereum Price Forecast: ETH tackles $1,688 resistance as Vitalik Buterin proposes swapping the EVM for RISC-V
Ethereum (ETH) is down 1% on Monday following a proposal by co-founder Vitalik Buterin to replace its current Ethereum Virtual Machine (EVM) smart contract language environment with a more "efficient" RISC-V.
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