Cryptocurrencies Price Prediction: Ripple, Ethereum & BNB – American Wrap 25 July

XRP price edges lower amid 44% slump in active addresses, shrinking funding rates
Ripple (XRP) price displays an upside-heavy outlook on Friday, following three consecutive days of declines. Investors appear to be inclined bearishly, indicating risk-off sentiment after XRP surged, hitting a new record high of $3.66 on July 18.
-1753455988336.png&w=1536&q=95)
Ethereum (ETH/USD) Elliott Wave: Forecasting the rally from equal legs zone
In this technical article, we are going to present Elliott Wave charts of Ethereum ETHUSD. As our members know, ETHUSD has been showing impulsive bullish sequences in the cycle from the 2,118.6 low, pointing to further strength ahead. We have been calling for a rally in ETHUSD since the beginning of July, based on the higher high bullish sequences the crypto was forming. Recently we got an intraday pullback labeled wave ((iv)), which landed right in the equal‑legs zone. In the following section, we’ll explain our Elliott Wave count and present the target area for wave ((v))

BNB Price Forecast: BNB down 5% from peak as Windtree Therapeutics plans $520 million treasury
BNB (BNB) price is down slightly to trade at $771 on Friday, after correcting from its new record high of $809, reached on Wednesday. The Binance exchange native token is up nearly 20% in July, amid relatively overheated market conditions and institutional adoption.

Author

FXStreet Team
FXStreet





