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Cryptocurrencies Price Prediction: Ethereum, Ripple and Cardano – European Wrap 2 August

Ethereum 2.0 sees ray of hope after multiple delays and internal conflicts

Ethereum price showed an excellent bullish outlook as it rallied from the range low to retest a resistance level just below the range high. While this upswing was stellar, it might be coming to an end as the Momentum Reversal Indicator (MRI) flashed a sell signal.

ETH/USDT 12-hour chart

XRP price lacks enthusiasm as Ripple shows no signs of hope in resolution with SEC

XRP price appears to be consolidating after a rally of 50% since its swing low on July 20. New development on the Securities & Exchange Commission (SEC) case against Ripple Labs has revealed that the lawsuit is likely to continue, with no end in sight. 

XRPUSDT

 

Cardano Price Prediction: ADA bulls attempt retest of $1.50

Cardano price is currently hovering around a crucial support level, but a minor pullback before a new leg up seems likely. Therefore, investors can expect ADA to correct critical demand barriers.

ADA/USDT 6-hour chart

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XRP rises as ETF inflows persist, but low retail demand may limit recovery

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