Cryptocurrencies Price Prediction: Bitcoin, Ethereum & Ripple – European Wrap 26 June
|Bitcoin Price Analysis: BTC/USD gains ground, ahead of options expiry
BTC/USD is changing hands at $9,211 after a short-lived dip to the intraday low of $9,079. Bitcoin has stayed mostly unchanged both on a day-to-day basis and since the beginning of Friday as the market waits for the massive options expiry later during the day. The mrket capitalization of the first digital asset exceeded $169 billion, while its market share settled at 64.4%.
Ethereum Weekly Forecast: ETH/USD bears unrelenting towards $200
Ethereum has in the last 48 hours bled profusely due to the rejection at $250. The second attempt at clearing the psychological level ended in dire losses as Ethereum spiraled under $230. Support has been established at $225 but gains above $230 are currently unsustainable. ETH/USD is trading at $228 following a 1.53% loss on the day. Other cryptocurrencies such as Bitcoin and Ripple are also in the red as they continue to nurse losses incurred.
Ripple Price Analysis: XRP/USD threatens major support below $0.1800
XRP/USD dropped below $0.1800 and touched the intraday low at $0.1784. At the time of writing, XRP/USD is changing hands at $0,1890, down 1% both on a day-to-day basis and since the start of Friday. Ripple's XRP is the fourth-largest digital asset with the current market value of $8 billion and an average daily trading volume of $1 billion.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.