Cryptocurrencies Price Prediction: BNB, Ethereum & PancakeSwap — Asian Wrap 28 July

FXStreet Team FXStreet

BNB price forecast: Binance Coin surges to record highs as Windtree plans $520M acquisition

BNB (BNB), formerly known as Binance Coin, edges lower after hitting a new all-time high of $855 at press time on Monday. The Centralized Exchange (CEX) token enters uncharted territory on the back of Windtree’s $250 million commitment to build a BNB corporate treasury.

Top 3 Price Prediction: Bitcoin, Ethereum, Ripple –BTC stuck in range, ETH eyes $4,000 while XRP rebounds

Ethereum's price retested and found support around its daily level at $3,500 on Thursday, and it recovered nearly 8%, closing above the daily resistance at $3,730 on Sunday. At the time of writing on Monday, it continues to trade above $3,800. If ETH continues its upward momentum, it could extend the rally toward the psychological $4,000 level.

Top Crypto Gainers: CAKE, JUP, SPX regain bullish momentum, leading market gains

PancakeSwap edges higher by over 2% at press time on Monday, extending the 10% gains from Sunday. CAKE’s bullish start to the week hit the $3.165 resistance level last tested on February 13. A decisive push above this level could extend the gains to the $3.535 level, last tested on December 13. The Moving Average Convergence Divergence (MACD) indicator displays a resurgence in green histogram bars, suggesting a revival of bullish momentum.

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XRP steadies above $1.90 support as fund inflows and retail demand rise

Ripple (XRP) is stable above support at $1.90 at the time of writing on Monday, after several attempts to break above the $2.00 hurdle failed to materialize last week. Meanwhile, institutional interest in the cross-border remittance token has remained steady.

Cardano struggles to extend gains as retail interest wanes despite Midnight's NIGHT token launch

Cardano ticks higher after a bearish weekend, struggling to extend an upcycle within a descending wedge pattern. On-chain data shows an increase in trading volume and user activity after the Midnight side chain token launch.

Crypto Today: Bitcoin, Ethereum recover as XRP remains supported by ETF inflows

Bitcoin is trending up toward the pivotal $90,000 level at the time of writing on Monday, which marks four consecutive days of gains. Altcoins, including Ethereum and Ripple, are also rebounding above key short-term support levels.

Bitcoin nears $90,000 as recovery hopes clash with institutional outflows

Bitcoin is approaching the $90,000 resistance level at the time of writing on Monday, raising hopes of a short-term recovery. However, the bullish recovery is being challenged by weakening institutional demand, as evidenced by outflows from Spot ETFs.

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Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.

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