Cryptocurrencies price prediction: XRP, Ethereum & Zcash – American Wrap 21 November
|Ethereum Price Forecast: ETH falls below $2,750 following strong US selling pressure
Ethereum (ETH) is down 3% on Friday, as the top altcoin faces intense selling pressure from retail and institutional US investors across the spot and derivatives markets.
XRP extends losses below $2.00 amid subdued retail interest
Ripple (XRP) is extending its down leg below $2.00, trading at $1.87 at the time of writing on Friday. Heightened volatility and macroeconomic uncertainty are supporting the sticky risk-off sentiment in the broader cryptocurrency market.
Zcash Price Forecast: ZEC extends decline as retail demand steadies
Zcash (ZEC) is trading above $630 at the time of writing on Friday, after extending its intraday decline to $595. Despite ZEC's correction from a heavy supply zone at $700, the privacy-oriented token is showing signs of stability, which could see it regain momentum heading into the weekend.
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