Cryptocurrencies price prediction: XRP, Ethereum & Zcash – American Wrap 21 November

FXStreet Team FXStreet

Ethereum Price Forecast: ETH falls below $2,750 following strong US selling pressure

Ethereum (ETH) is down 3% on Friday, as the top altcoin faces intense selling pressure from retail and institutional US investors across the spot and derivatives markets.

XRP extends losses below $2.00 amid subdued retail interest

Ripple (XRP) is extending its down leg below $2.00, trading at $1.87 at the time of writing on Friday. Heightened volatility and macroeconomic uncertainty are supporting the sticky risk-off sentiment in the broader cryptocurrency market.

Zcash Price Forecast: ZEC extends decline as retail demand steadies

Zcash (ZEC) is trading above $630 at the time of writing on Friday, after extending its intraday decline to $595. Despite ZEC's correction from a heavy supply zone at $700, the privacy-oriented token is showing signs of stability, which could see it regain momentum heading into the weekend.

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FXStreet Team

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Ripple extends losses as derivatives interest cools

Ripple (XRP) extends its bearish roll near $1.12 support on Friday, reflecting intense headwinds in the broader crypto market largely attributable to macroeconomic pressure.

Crypto Today: Bitcoin, Ethereum, XRP weaken further as capital outflows persist

Macroeconomic headwinds continue to weigh heavily on the cryptocurrency market on Friday, prompting major assets like Bitcoin (BTC) to pare earlier gains and extend losses after June’s brief relief rally.

Bitcoin Weekly Forecast: Recovery hopes fade after the Fed spoils the party

Bitcoin is set to end the week in the red, trading near the 200-Week Simple Moving Average at around $62,300 on Friday. Institutional selling persists, capping BTC’s recovery as spot Exchange Traded Funds point to a sixth consecutive week of outflows.

Sui risks a deeper bearish leg despite on-chain resilience

Sui is down 2% on Friday, extending its decline toward the recent support leg formed at $0.6618. The Total Value Locked in the Sui ecosystem has stabilized around 600 million SUI tokens, reflecting resilient user demand.

Bitcoin: Recovery hopes fade after the Fed spoils the party

Bitcoin (BTC) is set to end the week in the red, trading near the 200-Week Simple Moving Average (SMA) at around $62,300 on Friday. Institutional selling persists, capping BTC’s recovery as spot Exchange Traded Funds (ETFs) point to a sixth consecutive week of outflows.