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Cryptocurrencies Price Prediction: Ripple, Avalanche & Cryptos – American Wrap 19 December

Cryptocurrencies Price Prediction: Ripple, Avalanche & Cryptos – American Wrap 19 December
FXStreet TeamFXStreet TeamFXStreet

XRP price tethered around $0.60 as Ripple joins crypto titans to launch 2024 election play

Ripple (XRP) price is at an inflection point, amid prevailing optimism in the XRP market. It comes after the ecosystem's CEO Brad Garlinghouse revealed plans to join other executives in the campaign for pro-crypto candidates.
Avalanche-based Coq Inu has joined the meme coin narrative, which has been an on-and-off trend during which many names pop up and disappear. Since the value of cryptocurrencies is primarily derived from demand and supply, these meme coins see stellar rises during the trending period and the opposite when the investors stop caring. 
COQ market cap and trading volume
Ripple CEO shared the cross-border payment remittance firm’s decision to fund the Political Action Committees backed by crypto companies in the US. Brad Garlinghouse said that Ripple is putting a stake in the ground and intends to support pro-crypto candidates to drive the country towards responsible crypto regulation.
 
 

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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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XRP slides amid a fragile crypto market structure

XRP slides amid a fragile crypto market structure

Ripple (XRP) falls for the second straight day, trading at $1.37 on Thursday. The broader cryptocurrency market remains fragile as investors weigh the impact of geopolitical tensions in the Middle East, which triggered persistent increases in Crude Oil prices while restricting shipping through the Straight of Hormuz and the Red Sea.
Bitcoin Price Forecast: BTC pressured amid ETF outflows, fresh US-Iran risks

Bitcoin Price Forecast: BTC pressured amid ETF outflows, fresh US-Iran risks

Bitcoin (BTC) remains under pressure, trading below $78,200 at the time of writing on Thursday after declining nearly 3% so far this week. Weakening institutional demand, along with escalating geopolitical tensions between the US and Iran near the Strait of Hormuz, continues to dampen risk appetite and weigh on the Crypto King. Institutional demand for Bitcoin shows early signs of caution.
Top Altcoins Price Forecast: Ripple, Solana, and Cardano risk deeper losses

Top Altcoins Price Forecast: Ripple, Solana, and Cardano risk deeper losses

Ripple (XRP), Solana (SOL), and Cardano (ADA) struggle to extend last month's advance, pointing to moderating buying pressure. The technical outlook for XRP, SOL, and ADA suggests a mild near-term bearish bias as momentum weakens. Ripple trades around $1.3800 at press time on Thursday, extending losses after a bearish close the previous day.
Crypto Today: Bitcoin, Ethereum and XRP lose bullish momentum as structural support holds

Crypto Today: Bitcoin, Ethereum and XRP lose bullish momentum as structural support holds

Cryptocurrency prices are moderating on Thursday, with Bitcoin (BTC) dropping to test the near-term $78,000 support. Altcoins, including Ethereum (ETH) and Ripple (XRP), are echoing Bitcoin’s cautious sentiment, with ETH retracing to approximately $2,470 and XRP to $1.38.
Bitcoin: Gearing up for a sharp move

Bitcoin: Gearing up for a sharp move

Bitcoin (BTC) is trading around $81,000 on Friday, up over 4% so far this week, and awaits a key catalyst that could determine its next directional move. Strong institutional demand is supporting the bullish price action, with spot BTC Exchange Traded Funds (ETFs) on track to record a third straight week of inflows.