TRENDING:
Oil price
XAU/USD
EUR/USD
GBP/USD
Silver
Sponsored by
|

Cryptocurrencies Price Prediction: Ethereum, Bitcoin & Ripple — Asian Wrap 29 July

Cryptocurrencies Price Prediction: Ethereum, Bitcoin & Ripple — Asian Wrap 29 July
FXStreet TeamFXStreet TeamFXStreet

Ethereum Price Prediction: A Textbook Knife-Catch Scenario

Ethereum price follows classic smart money fakeout anticipated throughout the week. Ethereum price shows divergence between two impulse waves deeming the ETH price problematic to hodl. A second retracement into the $1,270 level remains on the cards. Invalidation of the impulsive rally is a breach of $1250.

Bitcoin Price Prediction: Is the real bull run starting now?

Bitcoin price performs an impressive fake out, rallying 18% in two days. The 1-2-1-2 wave pattern can justify a sharp incline in the coming days towards $28,000. A bullish case should not be ruled out entirely. Invalidation of the uptrend is a break below is a break below $20,690.

XRP Price Prediction: A case of sneaky divergence

XRP price prints a sneaky bearish divergence pattern on the daily chart. Ripple price retraces the historical trend with an uptick in transactions on the Volume Profile Indicator. Invalidation of the macro bearish outlook remains a breach above $0.48.

Author

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.

More from FXStreet Team
Share:

Editor's Picks

Bitcoin steadies at $82,000: The five forces crushing the Uptober rally

Bitcoin steadies at $82,000: The five forces crushing the Uptober rally

Crypto markets have remained under pressure so far in October, with Bitcoin sliding below $80,000 earlier this week before recovering to around $82,000 on Friday, as macroeconomic headwinds and cooling demand weigh on the market.

Ripple bulls build new support base amid RLUSD payments expansion

Ripple bulls build new support base amid RLUSD payments expansion

Ripple ticks up for the second day in a row on Friday, trading at $1.34. The remittance token holds above medium-term structural support; however, strong supply near $1.40 caps upside. A break above this area would reinforce the bullish grip.

Busy week for Ripple’s RLUSD: What changes for stablecoin holders?

Busy week for Ripple’s RLUSD: What changes for stablecoin holders?

Ripple’s RLUSD is gaining ground across institutional finance, with a major bank launching custody services, a new wallet integration making it easier for developers to build payments and agentic experiences on the network, and a brokerage platform planning to use the stablecoin for settlement.

Bitcoin Weekly Forecast: Macroeconomic headwinds, cooling demand cap BTC gains

Bitcoin Weekly Forecast: Macroeconomic headwinds, cooling demand cap BTC gains

Bitcoin extends its correction this week, trading below $82,500 on Friday, as selling pressure continues. Hotter-than-expected US CPI and PPI data point to broader inflation pressures and persistent geopolitical uncertainty, weighing on risk sentiment.

Bitcoin: Macroeconomic headwinds, cooling demand cap BTC gains

Bitcoin: Macroeconomic headwinds, cooling demand cap BTC gains

Bitcoin (BTC) extends losses this week, trading below $82,500 as of Friday as selling pressure continues. Weakening institutional demand supports this pullback as BTC spot Exchange-Traded Funds (ETFs) are on track to record a two-week withdrawal streak, reaching $146.19 million in net outflows through Thursday.