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Cryptocurrencies Price Prediction: Ethereum, Cryptos & XRP – American Wrap 24 October

XRP gains 1% as Ripple records a new all-time high in tokens issued on the Ledger

Ripple (XRP) trades at $0.5312 at the time of writing. The native token of the XRP Ledger gained 1.05% on Thursday. Data from crypto intelligence tracker Santiment shows that Ripple hit a new all-time high in terms of a key metric — the number of tokens issued on the chain. 

Bitcoin price increases on Thursday, BTC holds onto recent gains. Data from Farside Investors shows that Bitcoin-based funds observed inflows of $192.4 million. 

Ethereum (ETH) stabilizes at around $2,500 on Thursday after declining to retest its key support level of $2,461 on Wednesday; a close below this level would suggest a decline ahead. Early investor in ETH’s ICO (Initial Coin Offering) and holders booking profits further support this weakness in recent price action.
 

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