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Cryptocurrencies Price Prediction: Ripple, Ethereum & Cryptos – American Wrap 1 February

Cryptocurrencies Price Prediction: Ripple, Ethereum & Cryptos – American Wrap 1 February
FXStreet TeamFXStreet TeamFXStreet

Ripple price breaks technical structure after executive’s personal XRP accounts were compromised

Ripple (XRP) price is broadly bearish on lower time frames, but the higher ones show the bulls still have a chance to recover. Specifically, a triangle governs the monthly time frame and could define the next directional bias as it fills out soon.
Ethereum (ETH) recorded a monthly transaction count of 36.02 million, marking its highest in 20 months. 
Ethereum monthly transaction count 

Layer Zero, an interoperability protocol that connects over 50 blockchains and helps build cross-chain applications, is powering a naming protocol Clusters, in collaboration with Delegate. This is similar to the Ethereum Name Service (ENS) and addresses users’ challenge of maintaining separate identities across multiple chains in a native manner. 

Clusters will help users maintain a unified identity while interacting with dApps and services in the Web3 ecosystem. 

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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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Ripple (XRP) remains pressured on Friday, trading around $1.03 at the time of writing. The token appears to hold this current level as support but lacks a catalyst to sustain a knee-jerk rebound toward the next key resistance at $1.10.
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Crypto Today: Bitcoin, Ethereum hold steady, XRP decline nears $1.00 amid easing geopolitical tensions

Cryptocurrency prices are relatively stable on Friday, with Bitcoin (BTC) edging higher above the immediate $64,000 support. Ethereum (ETH) holds fairly above the short-term $1,900 demand area, as bulls target a potential breakout. Meanwhile, Ripple (XRP) maintains a dominant bearish outlook, edging lower toward the crucial $1.00 support.
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Bitcoin: Can bulls weather the market uncertainty?

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