Cryptocurrencies Price Prediction: Bitcoin, Ethereum and Ripple – European Wrap 15 August

FXStreet Team FXStreet

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: How long can crypto markets cling to the Merge narrative?

Bitcoin price reveals a bullish outlook as markets start a fresh week. This development has caused many altcoins, including Ethereum and Ripple, to rally slightly. As BTC cools down, the capital is likely to rotate to other coins. However, a sudden reversal could undo the gains for the altcoins as well.

Ethereum Price Prediction: Is the pre-Merge honeymoon rally coming to an end?

Ethereum price has rallied 102% in the last 33 days, and one can attribute this to the upcoming software upgrade — the Merge. This update will shift the ETH blockchain from an energy-intensive Proof-of-Work (PoW) to an environment-friendly Proof-of-Stake (PoS).

Three signs that XRP is a hot buy as Ripple bags another win against SEC

In the SEC v. Ripple case, the payment giant is set to serve subpoenas and authenticate videos of SEC officials’ public remarks. This evidence could make or break Ripple’s defense against the SEC. Proponents have identified a potential breakout in XRP.

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XRP steadies above $1.90 support as fund inflows and retail demand rise

Ripple (XRP) is stable above support at $1.90 at the time of writing on Monday, after several attempts to break above the $2.00 hurdle failed to materialize last week. Meanwhile, institutional interest in the cross-border remittance token has remained steady.

Cardano struggles to extend gains as retail interest wanes despite Midnight's NIGHT token launch

Cardano ticks higher after a bearish weekend, struggling to extend an upcycle within a descending wedge pattern. On-chain data shows an increase in trading volume and user activity after the Midnight side chain token launch.

Crypto Today: Bitcoin, Ethereum recover as XRP remains supported by ETF inflows

Bitcoin is trending up toward the pivotal $90,000 level at the time of writing on Monday, which marks four consecutive days of gains. Altcoins, including Ethereum and Ripple, are also rebounding above key short-term support levels.

Bitcoin nears $90,000 as recovery hopes clash with institutional outflows

Bitcoin is approaching the $90,000 resistance level at the time of writing on Monday, raising hopes of a short-term recovery. However, the bullish recovery is being challenged by weakening institutional demand, as evidenced by outflows from Spot ETFs.

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Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.

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