Cryptocurrencies Price Prediction: Bitcoin, Compound and Ripple – European Wrap 29 June
|Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Fresh lows for crypto markets in sight as recovery gains come undone
Bitcoin price faced an intense sell-off as it approached the recent weekly open, indicating that investors are looking to book profits. This downswing has caused Ethereum, Ripple and other altcoins to take a dip as well.
Dwindling DeFi hype could send Compound’s COMP price to…
COMP price has been on a vertical ascent since the collective crypto market bottomed out on June 19. This uptrend faced a significant hurdle, however, which has caused Compound bulls to evaluate their momentum.
As NATO troops double, so do the bears' army in XRP
Ripple (XRP) price is returning with a hangover after a very short-lived party in which it rallied from $0.3043 to $0.3710, and booked 21% gains. Although bulls temporarily pushed the price above $0.3710, it turned out to be a false breakout, and eventually closed the day below, catching a lot of bulls in a bull trap in the process. Those long positions are now being dragged to the downside in a squeeze exacerbated by an overnight flare-up of geopolitical and macroeconomic tail risks.
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