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Cryptocurrencies price prediction: XRP, Bitcoin & Cryptos – American Wrap 16 July

Cryptocurrencies price prediction: XRP, Bitcoin & Cryptos – American Wrap 16 July
FXStreet TeamFXStreet TeamFXStreet

Ripple Price Forecast: XRP struggles build momentum amid subdued investor interest

Ripple (XRP) is retracing toward its nearest technical support level of $1.10 as of Thursday. The remittance token has taken a breather after the macro-driven rally earlier in the week.

Bitcoin's bounce is full of sellers, but their supply is running dry

Bitcoin (BTC) price pushed back above $65,000 then slipped under the level as two groups of investors sold into the rally, a recovery that still has to prove it can hold.

Crypto Today: Bitcoin, Ethereum, XRP run into resistance as retail buying cools

Cryptocurrencies are broadly consolidating on Thursday, while Bitcoin (BTC) retreats toward support at $64,000. Ethereum (ETH) hovers below $1,800, with its upside seemingly limited, following a macro-driven rally. Meanwhile, Ripple (XRP) sits on top of the reclaimed $1.10 support, reflecting the broader cool-down in the market.

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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.

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