Cryptocurrencies Price Prediction: Ripple, AIOZ & Tron – European Wrap 21 August
Ripple price is set for a rally as on-chain data shows a positive bias
Ripple (XRP) retested its 200-day Exponential Moving Average (EMA) and rose 6.7% on Monday. During Asian trading hours, it trades slightly higher by 1.2% at $0.606 on Tuesday.
Onchain data shows that XRP's open interest is rising, and long-to-short ratio is above one, signaling a bullish trend on the horizon.
Top three AI-related tokens yielding highest gains year-to-date: AIOZ, AR, FET
The Artificial Intelligence (AI) sector in the crypto market has a few protocols whose tokens have generated significant yields for users since the beginning of 2024. AI is one of the best-performing crypto asset classes in 2024, according to BlockWorks data.
Tron has climbed to a zone of turbulence
The crypto market once again failed to break through the $2.15 trillion cap mark, falling 2.3% to $2.1 trillion, almost back to where it started Tuesday. The top coins lost between 1.2% (Doge) and 3.3% (Ethereum, Toncoin). The main exception is Tron, which rose 10% in 24 hours.
Author
FXStreet Team
FXStreet
