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Cryptocurrencies Price Prediction: Bitcoin, Ripple and Aptos – European Wrap 31 January

Tezos Price Forecast: XTZ sees traders pre-positioning after taking profit before central bank announcements

Tezos (XTZ) price had a gut-punch move on Monday with price action sliding over 8% as equities sold off in the US trading session. Overall, this morning the sell-off looks to be halted, which labels the drop-off on Monday as pure profit-taking in the wake of central bankers coming out with announcements by Wednesday. Expect some pre-positioning with bulls looking for bargains and scooping up some price action at the lows this week.

XTZ/USD daily chart

Ripple processes payments worth $30 billion but XRP price eyes a 13% crash

Ripple released its Q4 report for 2022, which is part of its transparency efforts and has been ongoing for a few years now. The document contains a plethora of information focusing on the partnerships, sales, and major developments that it underwent in the months before. 

XRP/USDT 1-day chart

Three reasons why Aptos price rally could lose steam after 400% gains

Aptos witnessed a massive spike in its price since December 29, but on-chain analysts and experts suspect the token’s price rally could soon come to an end. The inflow of APT to exchanges increased, with nearly $20 million worth of Aptos hitting Binance on January 28. 

Comparing APT with SOL price rally

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