Cryptocurrencies Price Prediction: Ripple, Swipe and Bitcoin – European Wrap 29 July

FXStreet Team FXStreet

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: XRP in a league of its own as BTC and ETH pull back

Bitcoin price is currently showing signs of retracement after a second attempt to rally higher. Ethereum price tried following in BTC’s footsteps but lacked momentum. On the other hand, Ripple price is paving its way, but it might fall in line soon.

Ethereum price tries to imitate BTC but falls short of momentum

Ethereum price attempted to form a higher high above the July 26 swing high at $2,433 but failed. This failure reveals that ETH was overbought and due for a retracement down to $2,174 or $2,018. While a pullback seems likely, market participants should note that a breakdown of $2,018 will invalidate the bullish thesis.

Institutional interest in Bitcoin is on the rise, BTC may test $50,000

An increasing percentage of the BTC supply has not moved in over a year, and there is a decrease in Bitcoin available on exchanges. The drop in the Grayscale Bitcoin Trust shares (GBTC) discount has revived institutional demand in Bitcoin.

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Meme Coins Price Prediction: DOGE, SHIB, PEPE stall amid warming retail demand

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Terraform Do Kwon gets 15-year prison sentence for role in Terra-Luna $40 billion crash

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Top 3 Price Prediction: BTC and ETH eyes breakout, XRP steadies at support

Bitcoin (BTC) and Ethereum (ETH) are nearing the key resistance levels at the time of writing on Friday, and a successful breakout could open the door for a fresh rally. Meanwhile, Ripple (XRP) is stabilizing around a crucial support zone, hinting at a potential rebound if buyers maintain control.

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Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.

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