Cryptocurrencies Price Prediction: Bitcoin, ApeCoin and Ethereum – European Wrap 1 August

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Top 3 Price Prediction Bitcoin, Ethereum, Ripple: How long can crypto markets keep rallying?

Bitcoin price shows signs of exhaustion after retesting a major hurdle. This development could result in a correction if bulls can't make a comeback. Ethereum price, despite the Merge narrative, remains correlated to BTC and could tumble if the big crypto does. Ripple price will promptly follow the two largest cryptos should they collapse.

ApeCoin staking on track for Autumn launch, Horizen Labs confirm

The ApeCoin Foundation has given users an update on the DAO’s staking system, selecting Horizon Labs for the development of the staking platform, which will enable users to earn interest from their crypto. Nearly two months after the ApeCoin community voted on a proposal for staking, the platform’s development is gaining traction.

Here’s why Ethereum price may retrace despite the upcoming ‘Merge’ hard fork

Ethereum price and the altcoins closely related to the ecosystem have been rallying massively over the last few weeks. While this narrative makes sense, investors need to pay close attention to Merge, which is scheduled to occur on September 19.

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Ripple stabilizes as support holds amid steady ETF inflows

Ripple pares losses and trades around $1.05 at the time of writing on Monday. The cross-border remittance token is attempting a recovery after last week’s sell-off, which intensified as the US and Iran exchanged fire.

Crypto Today: Bitcoin and Ethereum edge higher, XRP pares losses as US and Iran agree to resume talks

Bitcoin is showing renewed signs of recovery, approaching the $60,000 mark at the time of writing on Monday. Among altcoins, Ethereum is positioned for a potential breakout above $1,600, while Ripple continues to face bearish pressure, holding just above the key $1.00 psychological support.

Bitcoin four-year cycle: BTC risks 75% drawdown with four months of bear market still ahead

Bitcoin price continues to trend downward below the $60,000 support zone after losing over 50% of its value since the $126,199 high in October. Bitcoin’s four-year cycle, measured from cycle tops to bottoms, suggests that four months of a bear market are still ahead.

Bitcoin Price Forecast: Mild recovery as US and Iran agree to halt attacks, resume talks

Bitcoin recovers slightly on Monday, trading above $60,000 after closing below the 200-week SMA the previous week. Market sentiment turned cautiously positive after the US and Iran agreed to halt attacks and renew peace talks.

Bitcoin: BTC hits 20-month low, will the pain continue?

Bitcoin has remained under pressure this past week, losing over 5% as traders assess mixed signals from different parties involved in the Middle East conflict.