Cryptocurrencies Price Prediction: Binance Coin, Ripple and Cardano – European Wrap 23 August


Binance coin to take over Cardano market share with explosive breakout to $700

Binance coin (BNB) prepares to regain its position in the crypto market. Analysts have a bullish outlook on BNB in light of recent developments. 

XRP will make it to $1.50 with little to no opposition

Ripple price (XRP) made it out alive after the violent spike higher on August 14. Although price action looked promising for another leg higher as on August 15, the low of the day bounced off the purple descending trend line. Profit-taking got in the way, however, and Ripple dipped lower, awaiting a pick-up from buyers again.

 

XRP/USD daily chart

Cardano price smashes all-time highs, ADA aims for another 20% climb

Cardano price (ADA) has yet again recorded another all-time high at $2.84, as it continues to challenge previous records. ADA is headed for a 20% surge as the cryptocurrency proceeds by showing massive strength. 

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Editors’ Picks

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The bull and the bear case for BTC

Bitcoin price saw a recent bullish impulse that faced massive headwinds before it tagged a crucial psychological barrier. With directional bias and choppy price action, BTC is likely to experience massive volatility as the situation resolves over time. 

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