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Cryptocurrencies price prediction: XRP, Ethereum & Bitcoin – American Wrap 03 September

XRP ticks up as ETF outflows test recovery

Ripple (XRP) bulls are attempting a recovery above $1.36 at the time of writing on Thursday, underpinning a strong moving average support cluster. Despite the modest recovery, broader market sentiment remains shaky as investors adopt a cautious stance amid renewed tensions between the United States (US) and Iran.

Ethereum Price Forecast: ETH nudges higher amid ETF outflows, steady retail demand

Ethereum (ETH) extends gains above $2,400 on Thursday as investors return to the market, following renewed tensions between the United States (US) and Iran in the Middle East, which had triggered doldrums in the broader cryptocurrency market since last week.

Bitcoin Price Forecast: BTC steadies as markets turn cautious ahead of key economic data

Bitcoin (BTC) steadies around $77,700 on Thursday, trading sideways after its sharp rally during the second half of August. Institutional demand supports this range-bound price action, with spot Exchange Traded Funds (ETFs) recording mixed flows so far this week. Market participants remain cautious ahead of key economic data on Friday, which could provide fresh clues on the Federal Reserve’s (Fed) policy path and determine the Crypto King’s next directional move.

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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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