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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 hits $85,000 as rally gains momentum, but liquidity risks linger

Bitcoin hits $85,000 as rally gains momentum, but liquidity risks linger

Bitcoin claims the $85,000 level on Monday after gaining 5.64% and closing above the 50-week SMA at $78,200 the previous week. US-listed spot Bitcoin ETFs recorded mild $6.21 million inflows last week, showing resilience despite the CLARITY Act setback and hawkish Fed outlook.

Ripple extends rally toward $1.50 as derivatives activity rises despite ETF outflows

Ripple extends rally toward $1.50 as derivatives activity rises despite ETF outflows

Ripple (XRP) holds a strong bullish picture, rising to trade near $1.50 on Monday. The remittance token marks four consecutive days of gains, supported by robust momentum indicators and increased risk appetite in the broader cryptocurrency market.

Crypto Today: Bitcoin, Ethereum, XRP hold bullish outlook amid improving ETF inflows

Crypto Today: Bitcoin, Ethereum, XRP hold bullish outlook amid improving ETF inflows

Cryptocurrencies are broadly rising on Monday, led by Bitcoin’s (BTC) surge to $85,000. Altcoins are following BTC’s bullish trend, with Ethereum (ETH) trading above $2,700 and Ripple (XRP) holding steady at $1.47.

Pi Network rebound gains steam on broader market recovery

Pi Network rebound gains steam on broader market recovery

Pi Network is up 4% on Monday, advancing its near-term recovery after a 2% rebound the previous day. The broader cryptocurrency market's recovery, with Bitcoin hitting an eight-month high of $85,000, is boosting investors’ risk appetite for high-risk crypto assets like the PI token.

Bitcoin: BTC shrugs off CLARITY Act setback and hawkish Fed

Bitcoin: BTC shrugs off CLARITY Act setback and hawkish Fed

Bitcoin (BTC) price action has remained resilient this week, trading above $78,000 at the time of writing on Friday, heading toward a key resistance zone. Institutional demand shows early signs of weakness, with spot Exchange Traded Funds (ETFs) on track for a second straight week of outflows, with over $420 million recorded through Thursday amid escalating Middle East tensions.