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

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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XRP retreats as ETF interest cools
Ripple (XRP) slides toward the short-term $1.10 support on Friday, as broader crypto market sentiment weighs on crypto assets. The sell-off mainly stems from fears of inflation in the United States (US) amid the ongoing war in the Middle East and rising Oil prices.
Crypto Today: Bitcoin, Ethereum, XRP pare losses as breakout potential builds
Bitcoin (BTC) is edging higher on Friday, albeit gradually, after reclaiming support above $65,000. Meanwhile, Ethereum (ETH) shows signs of stability near the immediate $1,900 hurdle, backed by mild capital inflows. Ripple (XRP), on the other hand, holds above the pivotal $1.10, with its upside structurally constrained below $1.15.
Bitcoin Weekly Forecast: BTC holds firm, but the $100 Oil threat could change the game
Bitcoin (BTC) is modestly recovering, trading at $65,400 on Friday and holding firmly above the key support zone. US-listed spot Bitcoin Exchange Traded Funds (ETFs) supported BTC’s modest recovery as they continued to attract institutional inflows through Thursday, pointing to the third consecutive week of inflows.
Crypto shrugs off a stronger Dollar
Cryptocurrencies have been affected by jitters in traditional financial markets, losing 0.8% of their market capitalisation over the past 24 hours to $2.23T, dipping to a low of $2.21T at the start of active trading in Asia.
Bitcoin: BTC holds firm, but the $100 Oil threat could change the game
Bitcoin (BTC) is modestly recovering, trading at $65,400 on Friday and holding firmly above the key support zone. US-listed spot Bitcoin Exchange Traded Funds (ETFs) supported BTC’s modest recovery as they continued to attract institutional inflows through Thursday, pointing to the third consecutive week of inflows.