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Cryptocurrencies Price Prediction: Ethereum, Ripple & Shiba Inu – American Wrap 21 July

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Crypto market starts its engines, as ETH targets best day since May

Bitcoin price leads a broad-based rally for the cryptocurrency complex after several altcoins reached an inflection point yesterday. It is an interesting evolution of the price action this month, but it does not definitively remove the downward bias that has been tormenting cryptocurrency investors in July. Confirmation of a trend change will come with follow-through for Ethereum and Ripple over the next few days as former resistance levels are overcome on a daily closing basis.

XRP price is on its final leg up after presenting fatal 'Death Cross'

A brief technical and on-chain analysis on XRP price. Here, FXStreet's analysts evaluate where Ripple could be heading next as it seems bound for an upswing before lower lows.

Shiba Inu takes off, but SHIB upside is capped at $0.0000079

A brief technical and on-chain analysis on Shiba Inu price. Here, FXStreet's analysts evaluate where SHIB could be heading next as it seems bound for higher highs.

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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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Kraken’s parent plans regulated US perpetual futures on Hyperliquid

Hyperliquid has named Payward, the parent company of crypto exchange Kraken, as its intended first Commodity Futures Trading Commission-regulated deployer on HIP-3 markets. In an X post on Monday, Hyperliquid stated that Payward plans to use its infrastructure to deploy perpetual futures markets for US customers. The proposed arrangement remains subject to regulatory approval.

Pi Network Price Forecast: PI stalls as weak crypto sentiment caps recovery

Pi Network holds steady above $0.0760 stalling after a roughly 2% rebound the previous day. The broader market's weak sentiment and reduced trading volume weigh on the PI token. The technical outlook is bearish, with price capped below a long-term resistance trendline and weak momentum.

Ripple and Stellar outlook: XRP and XLM remain under pressure as bearish momentum persists

Ripple and Stellar continue to remain under pressure, trading below $1.30 and $0.169 respectively, after a mild recovery the previous day. Both XRP and XLM remain below their key Exponential Moving Averages, indicating bearish price action. Moreover, mixed derivatives metrics and cautious on-chain data are capping sustained recovery in XRP and XLM.

Ripple secures OCC approval for National Trust Bank
Brad Garlinghouse, CEO of Ripple, announced in an X post on Monday that the Office of the Comptroller of the Currency (OCC) has granted final approval to charter Ripple National Trust Bank (RNTB). The federally supervised national bank demonstrates Ripple's progress toward building digital asset infrastructure within a regulated financial system.
Bitcoin extends pullback as ETF inflows clash with risk-off sentiment

Bitcoin remains under pressure, trading around $81,800 on Friday, recording modest losses so far this week. Despite a mild pullback, institutional demand showed signs of a comeback with spot Exchange Traded Funds recording $442.67 million in net inflows through Thursday.