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Cryptocurrencies Price Prediction: Bitcoin, Ethereum and Ripple – European Wrap 22 July

Cryptocurrencies Price Prediction: Bitcoin, Ethereum and Ripple – European Wrap 22 July
FXStreet TeamFXStreet TeamFXStreet

Bitcoin Weekly Forecast: Assessing the chances of BTC visiting $30,000

Bitcoin price has noticed a large shift in sentiment from being overly bearish to optimistic. Although greed is still out of the equation, things could soon reach these levels, especially if the trend continues as it has over the last ten days.

BTC/USDT 1-day chart

Under these special circumstances, Ethereum price can revisit $2,000

Ethereum price and its gains since July 13 are currently being questioned as bulls hint at weakness. If certain requirements are met, however, things could develop in a way that favors buyers. 

 
ETH/USDT 1-day chart

Why is XRP price not rallying after Ripple CTO completes his eight-year selling spree?

XRP price saw a bullish thrust from  July 18, which made it seem like it was going to overcome any hurdles standing in the way. Moreover, the wallet belonging to Jed McCaleb, the ex-CTO of Ripple, was finally empty after eight years of non-stop selling.

XRP/USDT 1-day chart

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FXStreet Team

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

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Bitcoin: Bears tighten grip as BTC eyes fifth weekly loss

Bitcoin (BTC) remains under pressure, down over 3% this week, trading near $75,500 on Friday and heading for its fifth straight weekly loss. Persistent outflows from US-listed BTC spot Exchange Traded Funds (ETFs), a sharp sell-off in US technology stocks, and rising market liquidations are weighing on sentiment and limiting Crypto King’s recovery attempts.