Cryptocurrencies Price Prediction: Ethereum, Ripple & Bitcoin — Asian Wrap 20 June
Ethereum Price Forecast: ETH sees boost in network growth following progress in GENIUS bill
Ethereum (ETH) is trading around $2,500 in the early Asian session on Friday despite a surge in new address growth over the past month. The development follows progress in digital assets regulations after the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) bill passed the Senate.
Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC, ETH, and XRP consolidate as traders await Trump’s decision
XRP price attempted to close above the 50-day EMA at $2.24 on Monday but failed, subsequently declining by 3.53% the following day and consolidating around the $2.15 level until Thursday. At the time of writing on Friday, it hovers around $2.16. If XRP faces a correction, it could extend the decline to retest its next daily support level at $1.96.
Bitcoin stays rangebound amid heightened off-chain volume and low transaction counts
Bitcoin (BTC) held steady in the early Asian session on Friday, trading above $104,000 amid a general market consolidation. Glassnode stated in its weekly report that Bitcoin trading near all-time highs comes with some unusual on-chain activity, particularly low transaction costs due to a drop in network activity.
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FXStreet Team
FXStreet
