Cryptocurrencies Price Prediction: Ethereum, Ripple & Chainlink – American Wrap 4 February


Ethereum Price Prediction: ETH aims for $2,000 as more than 10 million coins are locked

Ethereum is the most used and popular smart-contracts platform in the cryptocurrency market. On February 4, the digital asset hit a price of $1,695 reaching a market capitalization of over $187 billion for the first time ever.

Ripple Price Forecast: XRP breaks out of a crucial pattern and could quickly rise to $0.75 again

On January 30, XRP had a massive pump pushing the digital asset by 85% thanks to the WallStreetBets group and other Pump and Dump groups over Telegram which coordinated a push for the digital asset. 

From a low of $0.278 on January 30 to a high of $0.755 on February 1, the pump lasted less than three days as XRP price quickly plummeted down to $0.35.

Chainlink Price Forecast: LINK aims for a new all-time high at $30 after a potential rebound

Chainlink has been extremely bullish for the majority of 2021 hitting new all-time highs almost every single day. LINK bulls are not done yet and aim for yet another high after defending a crucial support level.

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Bitcoin price hits $40,000 as Amazon allegedly prepares for cryptocurrency payments

Bitcoin price is currently hovering below $40,000 after a retest. A pullback to the range’s mid-point seems likely after such a massive rally. Such a move will provide buyers a breather to recuperate and prepare for the next leg of the upswing.

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Shiba Inu Price Forecast: SHIB has a lot to prove before bull’s ambitions can dominate

Shiba Inu price has been filled with complications, each turn higher diffused by heavy organic selling pressure or a general risk-off trend in the cryptocurrency market. The July 21 spike higher, reaching 20% at 1 point, did break the downtrend beginning Jul 6. 

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XRP price ambitions obstructed, as Ripple reveals a 30% range of imposing resistance

XRP price has recorded a muted rebound after reaching an oversold reading on the daily RSI, trailing the three-day bounces recorded at the beginning of June or late May and casting doubt on the commitment and emotion behind the jump from the July 20 low.

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Chainlink price must break three resistance barriers before LINK can breakout

A brief technical and on-chain analysis on Chainlink price. Here, FXStreet's analysts evaluate where LINK could be heading next as on-chain metrics turn bullish. Watch the full video to get the more.

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Bitcoin Weekly Forecast: Markets revert to mean, but BTC price remains indecisive

Bitcoin price shows considerable strength after springing from the recent crashes. Still, it is uncertain whether the current bullish impulse will morph into a new uptrend or lead to a more profound decline.

Read the weekly forecast

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