Cryptocurrencies Price Prediction: Ripple, PUMP & Crypto – European Wrap 19 August
Ripple Price Forecast: XRP clings to $1.00 support level amid declining exchange balance
Ripple (XRP) regains support at $1.00 on Wednesday, following the headwinds experienced the day before. Near-term support around $0.99 encouraged investors to reengage, supported by the return of inflows into spot Exchange-Traded Funds (ETFs).
A steady recovery above this level is required to reclaim a key descending trendline break area around $1.06 and the 50-day Exponential Moving Average (EMA) as support to reinforce the bullish grip.
Pump.fun Price Forecast: Bullish signs support long-term upside
Pump.fun (PUMP) is down 3% on Wednesday, easing after nearly 13% gains the previous day. PUMP derivatives point to increasing leverage-driven demand as Open Interest rises to a seven-month high of $258.62 million. Network data shows that Total Value Locked (TVL) has hit a record high of 3.34 million SOL, indicating a steady rise in user adoption.
Crypto Today: Bitcoin, Ethereum, XRP defend key support as ETF inflows return
Bitcoin’s (BTC) upside remains capped on Wednesday while the downside appears strongly supported above $64,000. The Crypto King’s early week rebound lost momentum near $65,000 as investors assessed the impact of geopolitical tensions in the Middle East.
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