Cryptocurrencies price prediction: XRP, Bitcoin & Cryptos – American Wrap 20 July
XRP holds below resistance as futures interest, ETF inflows slowly rebuild
Ripple (XRP) faces sustained selling pressure as bears maintain control on Monday. The remittance token has struggled to break above the $1.10 resistance since last Thursday, as risk sentiment weighs.
Three things to watch for BTC this week
The world's largest cryptocurrency is hovering around $64.7k at the time of writing, up 0.5% over the past 24 hours and 3.2% over the past week. Bitcoin has gained around 10% so far in July after declining over the previous two months.
Cryptocurrencies steady as focus remains on Middle East and Oil
“Bitcoin, ether and their like were calm compared to the burst of volatility we saw across equities and oil last week. Both bitcoin and ether managed to hold their ground and actually push higher while fears about AI and chip stocks dragged the high performers in the US and Asia lower. Sentiment continues to remain weak around cryptocurrencies, and having already endured so much this year it seems like much of the selling has exhausted itself for now.”
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