Cryptocurrencies Price Prediction: Bitcoin, Ripple & Binance– American Wrap 26 August
Bitcoin Weekly Forecast: Exploring 2022, the year of BTC fractals
Bitcoin price shows a tight consolidation on a lower time frame – an ascending parallel channel – that repeats the motif of three larger channels that have developed on higher time frames since the start of 2022.
XRP price shows an interesting setup that forecasts a shift in trend favoring the bulls. The recent development in Ripple shows that an explosive move awaits, especially if certain conditions are met.

Binance Coin price has been on a retracement move since a local top in early August. During its descent, BNB seems to have formed a bearish head-and-shoulders reversal pattern. While confirmation is yet to arrive, speculators can realize good gains if they get in early, but the risks are also high.

Author

FXStreet Team
FXStreet
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.
More from FXStreet Team






