|

Cryptocurrencies Price Prediction: MATIC, PEPE & XRP – American Wrap 22 April

MATIC price fails to breach $0.7, leaving over 100k investors stuck in losses

MATIC price has had a rather disappointing day, with the mixed signals from the broader market impacting the altcoin significantly. This most certainly did not sit well with the investors as they were expecting a much larger recovery on the back of Bitcoin breaching a critical barrier.
MATIC/USD 1-day chart
PEPE, one of the largest meme coins in the crypto ecosystem, yielded upwards of 80% gains for holders over the past seven days. PEPE price advanced nearly 74% since Monday’s opening price of $0.00000093.
PEPE/USDT one day price chart

As opposed to the belief in the XRP holder community, the native token of XRPLedger was not created by Ripple. The cross-border payment remittance firm’s Chief Technology Officer (CTO) dismissed the claim.

XRP/USD

Overview
Today last price0.4957
Today Daily Change-0.0047
Today Daily Change %-0.94
Today daily open0.5004
 
Trends
Daily SMA200.5082
Daily SMA500.4775
Daily SMA1000.4745
Daily SMA2000.4268
 
Levels
Previous Daily High0.5033
Previous Daily Low0.4898
Previous Weekly High0.5653
Previous Weekly Low0.456
Previous Monthly High0.5293
Previous Monthly Low0.4104
Daily Fibonacci 38.2%0.4982
Daily Fibonacci 61.8%0.495
Daily Pivot Point S10.4924
Daily Pivot Point S20.4843
Daily Pivot Point S30.4789
Daily Pivot Point R10.5059
Daily Pivot Point R20.5113
Daily Pivot Point R30.5194

Author

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.

More from FXStreet Team
Share:

Editor's Picks

Solana Price Forecast: SOL consolidates as ETF inflows and on-chain activity rise

Solana (SOL) edges lower on Tuesday, following a 3% rise to start the week, extending its consolidation around the $100 psychological mark. Institutional confidence holds firm in the layer-1 blockchain, with $11 million in inflows on Monday, showing signs of increased risk appetite ahead of the CLARITY Act cloture vote scheduled for Tuesday.

CLARITY Act faces fresh pressure ahead of key Senate cloture vote
The CLARITY Act is facing fresh opposition from a bipartisan group of state attorneys general ahead of a key Senate vote, with the officials urging lawmakers to reject the legislation unless changes are made to preserve state enforcement powers.
Ripple and Stellar outlook: Extend gains as derivatives support upside

Ripple and Stellar extend their gains after surging over 6% and 8%, respectively, on the previous day. In addition, improving derivatives metrics support a bullish bias, signaling further gains for both altcoins. Derivatives data shows bullish bias among traders. CoinGlass’ long-to-short ratios for XRP and XLM read 1.15 and 1.35, respectively, on Tuesday.

Crypto Overview: Bitcoin remains volatile amid CLARITY Act vote – Zcash, Stellar rally
Bitcoin (BTC) holds steady around $78,000 on Tuesday, sustaining its roughly 2% recovery from the previous day. Broader cryptocurrency market volatility remains elevated ahead of the scheduled CLARITY Act cloture vote on Tuesday. Zcash (ZEC) and Stellar (XLM) retain bullish momentum, emerging as the top performers over the last 24 hours.
Bitcoin: BTC retreats as macro headwinds grow
Bitcoin (BTC) remains under pressure, down over 4% this week and trading around $76,900 at the time of writing on Friday. Institutional demand shows signs of weakness as spot BTC Exchange Traded Funds (ETFs) are on track to end their three-week inflow streak, recording nearly $500 million in net outflows through Thursday.