Cryptocurrencies Price Prediction: Ripple, DASH & Crypto – European Wrap 20 May

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Ripple Price Forecast: XRP targets $1.40 on rising capital inflows

Ripple (XRP) rises above $1.37 at the time of writing on Wednesday, after testing a short-term support at $1.35. The rebound follows a rejection XRP suffered at $1.50 in mid-May, triggered largely by macroeconomic uncertainty surrounding rising United States (US) inflation and geopolitical tensions in the Middle East.

Dash Price Forecast: Dash rally builds on regulatory scrutiny and Zcash integration hopes

Dash (DASH) is up 12% on Wednesday, extending Monday’s 5% gain toward the $50 milestone. Retail interest is growing, driven by regulatory concerns over the upcoming Digital Assets Market Clarity Act (CLARITY) and the Zcash Orchard Shielded Pool integration, which enhances infrastructure flexibility.

Crypto Today: Bitcoin, Ethereum, XRP test rebound strength as focus shifts to Fed minutes

Bitcoin (BTC) preserves its $77,000 support following the recent drawdown from its May peak around $82,500. The broader cryptocurrency market, including altcoins such as Ethereum (ETH) and Ripple (XRP), shows subtle signs of recovery, with ETH steadily above $2,100 and XRP rebounding from support at $1.35.

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Ripple and Stellar outlook: XRP stalls at key resistance, XLM rally loses steam

Ripple and Stellar are trading under pressure as bulls lose steam. XRP faces rejection near key resistance, while XLM continues its pullback so far this week. Despite the ongoing correction, mixed on-chain and derivatives metrics suggest traders remain cautiously optimistic for these altcoins. Derivatives data shows a mixed outlook.

Crypto Market Overview: Bitcoin loses steam around $63,000 – DeFi tokens rally

Bitcoin sustains above $63,000 at press time on Tuesday, upholding a streak of six consecutive days of gains despite Strategy selling 3,588 BTC on Monday. The broader crypto market sentiment holds while DeFi tokens such as DeXe and LayerZero emerge as top gainers over the last 24 hours.

Bitcoin edges above $64K as easing sell pressure, improving ETF flows support recovery

Bitcoin (BTC) began July on stronger footing after rebounding above $64,000 following improving derivatives positioning and signs of market stabilization. QCP analysts noted that Bitcoin's early-July rebound aligns with long-term seasonal trends. Historically, July has been one of Bitcoin's strongest months, averaging gains of about 7.5%.

Ethereum Price Forecast: BitMine expands ETH accumulation amid crypto treasury pressure

Ethereum (ETH) treasury firm BitMine Immersion Technologies scooped 42,197 ETH last week, extending its weekly accumulation streak of the top altcoin. The purchase has pushed the company's total ETH holdings to 5.74 million ETH worth roughly $10.27 billion at the time of writing.

Bitcoin: Quarter-end rebalancing might fuel BTC next bullish move

Bitcoin (BTC) is up over 3% so far this week, trading above $61,800 at the time of writing on Friday after slipping to a 21-month low earlier this week. Institutional selling continued, with spot Exchange Traded Funds (ETFs) recording net outflows of over $520 million through Thursday, pointing to the eighth consecutive week of withdrawals.