Cryptocurrencies Price Prediction: Ripple, Cryptos & Pi Network – American Wrap 01 September
Ripple Price Forecast: Why XRP could defy September's bearish sentiment
Ripple (XRP) exhibits weakness in its technical structure on Monday amid concerns in the broader cryptocurrency market that September is historically a bearish month.
XRP, BNB and Solana brace for a bearish September
XRP, BNB and Solana prices have been in a decline the past seven days. Traders are concerned about the market-wide correction in crypto. The sentiment indicator called the Fear & Greed Index shows traders have turned “fearful,” a sign of a bearish outlook.
Pi Network Price Analysis: Bearish pattern deepens as CEX outflows rise
Pi Network (PI) edges lower by 3% at press time on Monday, extending the 8% drop from Sunday within a bearish pattern on the daily chart. The downfall aligns with the stagnation in trading volume, suggesting a cooling off in traders’ activity. However, a significant net outflow from the centralized exchanges' (CEXs) wallet balances in the last 24 hours signals confidence among traders.
Author
FXStreet Team
FXStreet
