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Cryptocurrencies Price Prediction: Ethereum, Ripple & Cardano – American Wrap 05 July

Cryptocurrencies Price Prediction: Ethereum, Ripple & Cardano – American Wrap 05 July
FXStreet TeamFXStreet TeamFXStreet

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: ETH discovers momentum, while BTC and XRP stuck in quicksand

Bitcoin price creates a new line in the sand between $35,000-$35,000 as the 50-day simple moving average (SMA) converges. Ethereum price about to collide with the 50-day SMA while trading around the 50% Fibonacci retracement of the March 2020-May 2021 advance at $2,237. XRP price slips into a new trading range between $0.650-$0.740 after triggering a rising wedge pattern on July 1.

XRP price is technically all about triangles, Ripple eyes $0.80

XRP price was blessed as well this weekend with the overall positive recovery in cryptocurrencies. The majors like Bitcoin and Ethereum made solid profits, but sentiment shifted on with profit-taking that erased the gains from the past weekend. 

Cardano Price Prediction: ADA in the run, ready to push to $1.60

Cardano price was among the victims this Monday morning in the sell-off that flooded cryptocurrency markets. Big names like Bitcoin and Ethereum trended higher during the weekend, but they all paired gains and looked for support around Friday's levels.

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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.

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Ripple correction pauses, but recovery prospects remain limited

Ripple correction pauses, but recovery prospects remain limited

XRP hovers above the critical $1.00 support level but faces diminishing recovery potential. Binance XRP futures Open Interest falls to $189 million, the lowest level in three months.

Crypto Today: Bitcoin, Ethereum and XRP struggle to find footing amid spot ETF outflows

Crypto Today: Bitcoin, Ethereum and XRP struggle to find footing amid spot ETF outflows

Cryptocurrency prices are broadly consolidating near key lower support levels on Wednesday, led by Bitcoin, hovering around $74,000. Ethereum sits above $2,000 while its upside remains structurally capped. Ripple, meanwhile, holds delicately above $1.00.

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