Cryptocurrencies Price Prediction: Ripple, Bitcoin & Cryptos – American Wrap 18 July

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XRP price strikes new all-time high as CEO Brad Garlinghouse hails GENIUS Act passage

Ripple (XRP) surged aggressively to a new all-time high of $3.66 before pulling back slightly to $3.44 on Friday. Investors increased their exposure to the cross-border money remittance token, following the passage of three crypto bills in the United States (US) House of Representatives on Thursday.

Bitcoin outlook: Repeated failures at 120K barrier warn of further sideways action

BTCUSD continues to trade in the sideways mode for the seventh straight day, with repeated failures to register close above psychological 120K level indicating that larger bulls might be losing traction after last Monday’s short-lived spike to new all-time high above 123K.

Crypto market surges past $4 trillion following US Congress passes GENIUS Act regulating stablecoins

On Friday, Bitcoin remained volatile while altcoins surged following a significant regulatory victory for the crypto industry in the U.S., coupled with reports that 401(k) plans may soon start allowing crypto investments.

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Aave Price Forecast: AAVE primed for breakout as bullish signals strengthen

Aave (AAVE) price is trading above $204 at the time of writing on Friday and approaching the upper boundary of its descending parallel channel; a breakout from this structure would favor the bulls.

Meme Coins Price Prediction: DOGE, SHIB, PEPE stall amid warming retail demand

Meme coins, including Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE), struggle to regain strength as the broader cryptocurrency market recovers. Derivatives data reveals fresh retail demand as Open Interest of DOGE, SHIB, and PEPE futures surge.

Terraform Do Kwon gets 15-year prison sentence for role in Terra-Luna $40 billion crash

Terraform Labs founder Do Kwon was sentenced to 15 years in prison by a New York federal court on Thursday for his role in organizing one of the largest cryptocurrency frauds in history.

Top 3 Price Prediction: BTC and ETH eyes breakout, XRP steadies at support

Bitcoin (BTC) and Ethereum (ETH) are nearing the key resistance levels at the time of writing on Friday, and a successful breakout could open the door for a fresh rally. Meanwhile, Ripple (XRP) is stabilizing around a crucial support zone, hinting at a potential rebound if buyers maintain control.

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Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.

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