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Cryptocurrencies Price Prediction: Ripple, Cardano & Bitcoin — Asian Wrap 05 July

Cryptocurrencies Price Prediction: Ripple, Cardano & Bitcoin — Asian Wrap 05 July
FXStreet TeamFXStreet TeamFXStreet

XRP Price Prediction: Ripple evaluates 11% correction

XRP price has been on a slow uptrend as it ended a consolidation phase and is entering a high probability reversal zone. If the bullish swings continue,  Ripple is likely to enter this area and create a local top. If investors continue to book profit in this area, the reversal might push the remittance token toward the mid-point of the trading range.

Cardano Price Prediction: ADA bulls show strength, 15% advance likely

Cardano price breached through a pivotal barrier on July 4, indicating a resurgence of buyers. Although the upswing seems likely, a pullback might lead to a breakdown of the immediate support level will not invalidate the bullishness. On the other hand, a breakdown of $1..287 support will invalidate the bullish temporarily.

Bitcoin Price Prediction: BTC locks in on $40,000

Bitcoin price has been trading in a tight range since May 19. Although the range lows have been shifting lower, the range high seems to be untouched for more than a month. Therefore, the current impulsive move could end up setting up a new high since May 19.

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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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