|

Cryptocurrencies Price Prediction: Ripple, Polygon and Ethereum – European Wrap 21 June

SEC takes a jab after Ripple’s rebuttal while XRP price attempts ill-fated recovery

XRP price shows signs of recovery after nearly ten days of tagging a stable support area. If the buyers get together and trigger a bounce, the upside will be capped due to the presence of multiple blockades.

XRP/USDT 3-day chart

These are the bullish targets for Polygon’s MATIC price rebound

MATIC price shows an interesting development over the last week that has led it to where it is currently trading now. A combination of two key events has led the altcoin to kick-starting a recovery.

MATIC/USDT 4-hour chart

Ethereum price bulls get some relief as Celsius starts re-payments

Ethereum price is trending slightly higher on Tuesday after closing Monday with a Doji candlestick, indicating the start of a potential consolidation period. ETH bulls seeming have been able to finally stabilize somewhat the price action, which had been totally dominated by bears for the past days, weeks, and months. 

tm/eth/6/21/22

Author

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.

More from FXStreet Team
Share:

Editor's Picks

Ripple Price Forecast: XRP builds recovery momentum as whales increase exposure
Ripple (XRP) rises toward the pivotal $1.10 resistance on Thursday, marking three consecutive days of gains. This neutral-to-slightly bullish outlook follows the Federal Reserve (Fed) decision to leave interest rates unchanged in the 3.50%-3.75% range.
Bitcoin Price Forecast: BTC recovery pauses as hawkish Fed, US-Iran tensions weigh on sentiment
Bitcoin (BTC) steadies above a key support zone on Thursday, consolidating near $64,000 after a modest rebound earlier this week. Fresh inflows into BTC spot Exchange Traded Funds (ETFs) has provided some support.
Crypto Today: Bitcoin, Ethereum, XRP trade sideways as US-Iran tensions intensify
The crypto market is trading in neutral-to-slightly bullish conditions on Thursday, with Bitcoin (BTC) holding above $64,000 while its immediate upside remains capped. Ethereum (ETH) hovers above the $1,900 short-term support level while Ripple (XRP) struggles to gain momentum ahead of a potential nail $1.10 breakout.
Bitcoin ETF inflows return as Ether funds slip into outflows
US-listed spot Bitcoin exchange-traded funds (ETFs) ended a four-session outflow streak on Wednesday, recording $32.1 million in net inflows.
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.