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Cryptocurrencies Price Prediction: Bitcoin Gold, Chainlink and Ripple – European Wrap 23 July

Bitcoin Gold Market Overview: BTG/USD unrelenting fight to $10.00

Bitcoin Gold is struggling to hold onto the gains accrued in the last few days. Earlier this month, BTG spiked incredibly hitting $10.50 but lost traction and slipped back under $10.00. Support was established at the 23.6% Fibonacci retracement level taken between the last swing high at $11.50 to a swing low at $7.92. Read more ...

BTG/USD price chart

Chainlink Market Update: LINK/USD ready to retest $9.00 amid a flow of positive news

Chainlink (LINK) is changing hands at $7.98 within a striking distance of the psychological $8.00. The coin with the current market value of $2.77 billion gained nearly 10% in the recent 24 hours and moved to the ninth position in the global cryptocurrency market rating. LINK/USD bottomed at $6.99 on Tuesday, July 21 and has been growing ever since. The coin experienced sharp growth in recent hours, having gained over 5% of its value. Read more ...

Ripple Price Analysis: XRP/USD bears regain control of the trend

Ripple is giving way to the sellers after hitting a wall at $0.2050. After retesting support at $0.1950 on Monday, the price has over the last couple of days remained consistent in its recovery. The most significant milestone was the cross above $0.20 on Wednesday. Due to low the low trading volume, the breakout could not rise to take down the resistance at $0.21 (July high). Read more ...

XRP/USD price chart

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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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Ripple extends gains as cooling signs in US inflation mount

Ripple (XRP) holds above support reclaimed at $1.10 at the time of writing on Wednesday, extending its rally after the US Producer Price Index (PPI) data for June showed that price pressures in the world’s largest economy are cooling.

Crypto Today: Bitcoin, Ethereum, XRP stall after US CPI-driven mild rally

The cryptocurrency market pauses on Wednesday, following a brief, macro-driven rally the previous day. Bitcoin (BTC) is consolidating above $64,500, signaling waning bullish momentum and increased profit-taking as sellers emerge.

Chainlink holds gains as bullish momentum builds

Chainlink (LINK) price edges higher on Wednesday, holding its 5% gains from the previous day. Retail speculative demand for LINK is rising, with its futures Open Interest up 6% over the past 24 hours.

Bitcoin approaches technical pivot as soft US CPI aids recovery

Bitcoin (BTC) is near the key technical resistance zone around $65,160 on Wednesday as softer-than-expected US inflation data improves risk sentiment across the crypto market.

Bitcoin: Strategy sells, the market doesn’t care
Bitcoin (BTC) reclaims $64,000 on Friday, extending a modest recovery while holding firmly above the key technical support zone so far this week. Mixed spot Exchange Traded Funds (ETFs) flows through Thursday reflect cautious institutional positioning. Meanwhile, traders have digested headlines about Strategy’s recent Bitcoin sale, highlighting the Crypto King’s resilience and deep liquidity.