Cryptocurrencies Price Prediction: Ethereum, Bitcoin & Ripple — Asian Wrap 07 August
|BlackRock files to add options to ETH ETF as Ethereum bulls ride the dip with heavy buying pressure
Ethereum (ETH) is up 2% on Tuesday as BlackRock files to add options to its iShares Ethereum Trust (ETHA). Meanwhile, traditional and crypto-native investors have been scooping up ETH after the dip from Black Monday's sell-off. ETH also appeared to have found a bottom and could be set to reclaim the $2,803 support level.
Bitcoin traders should watch these metrics after the market dump on Black Monday
Bitcoin (BTC) is up nearly 4% on Tuesday after recovering quickly from Black Monday's crash. As the market attempts a recovery, a few key metrics and indicators explored in this article could prove crucial in the coming weeks.
Ripple shrugs off recent losses and rallies 4%, XRP crosses $0.5000 resistance
Ripple (XRP) suffered a steep correction in the crypto market carnage on Monday. XRP slipped to a $0.4300 low, its lowest level since mid-July, on August 5.
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