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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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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.

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Cardano Price Forecast: Bulls eye a second leg higher as whales buy

Cardano Price Forecast: Bulls eye a second leg higher as whales buy

Cardano trades above $0.196 at the start of the week after posting double-digit gains over the past two weeks. ADA’s bullish price action is supported by steady whale accumulation. Meanwhile, derivatives sentiment is showing a slight bullish tilt, suggesting a second leg higher for ADA.

Shiba Inu Price Forecast: SHIB defends key support level amid possible whale support

Shiba Inu Price Forecast: SHIB defends key support level amid possible whale support

Shiba Inu price edges higher, bouncing off a key support level near $0.00000462. The meme coin shows early signs of renewed whale support, while retail demand holds firm, with rising Open Interest and funding rates. The technical outlook for SHIB indicates a mild bullish bias, supported by the intraday recovery.

Top 3 Price Prediction: BTC bulls strengthen, ETH eyes breakout, XRP rebounds

Top 3 Price Prediction: BTC bulls strengthen, ETH eyes breakout, XRP rebounds

Bitcoin and Ethereum show signs of strength as bulls defend key support on Monday after gaining 2% and 1.3% in the previous week. Meanwhile, Ripple recovers mildly at the start of the week after sliding over 5% last week.

Crypto Market Overview: Bitcoin steadies as BoJ flags possible rate hikes

Crypto Market Overview: Bitcoin steadies as BoJ flags possible rate hikes

The broader cryptocurrency market holds steady, with Bitcoin (BTC) trading near $65,000, above its 50-day Exponential Moving Average (EMA) of $64,702. The Bank of Japan (BoJ) released the summary of opinions from its July meeting, with nearly half of the board members leaning hawkish.
Bitcoin: Can bulls weather the market uncertainty?

Bitcoin: Can bulls weather the market uncertainty?

Bitcoin (BTC) remains resilient, trading above $65,000 on Friday, with bulls defending key support despite cautious market sentiment. US-listed spot Bitcoin Exchange-Traded Funds (ETFs) showed strong inflows through Thursday, pointing to renewed institutional demand.