Cryptocurrencies Price Prediction: Zcash, Bitcoin & Crypto – European Wrap 17 August
Zcash Price Forecast: ZEC extends gains amid rising retail strength, Ironwood pool adoption
Zcash (ZEC) is up 5% on Monday, erasing the 4% losses from the previous week. The privacy coin gains retail strength amid rising user adoption, with Open Interest up 6% in 24 hours as Ironwood pool shielded volume crosses 3 million ZEC tokens. Zcash’s technical outlook is mildly bullish as the price approaches the apex of the symmetrical triangle pattern.
Bitcoin Price Forecast: BTC range trade hints at looming volatility burst, analysts say
Bitcoin (BTC) trades slightly higher around $63,500 on Monday, following a slight correction the previous week, supported by improving risk sentiment and despite mild outflows from institutional demand. The largest cryptocurrency by market capitalization has traded broadly sideways since mid-July, with a tight range and subdued volatility that, according to analysts, could end soon.
Crypto Today: Bitcoin, Ethereum, XRP edge higher despite returning ETF outflows
The crypto market is broadly consolidating on Monday, with Bitcoin (BTC) holding above $63,000, Ethereum (ETH) approaching $1,900 and Ripple (XRP) sitting on top of the critical $1.00 support level.
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