Cryptocurrencies Price Prediction: Ethereum, Ripple & Cardano – American Wrap 05 July
|Top 3 Price Prediction Bitcoin, Ethereum, Ripple: ETH discovers momentum, while BTC and XRP stuck in quicksand
Bitcoin price creates a new line in the sand between $35,000-$35,000 as the 50-day simple moving average (SMA) converges. Ethereum price about to collide with the 50-day SMA while trading around the 50% Fibonacci retracement of the March 2020-May 2021 advance at $2,237. XRP price slips into a new trading range between $0.650-$0.740 after triggering a rising wedge pattern on July 1.
XRP price is technically all about triangles, Ripple eyes $0.80
XRP price was blessed as well this weekend with the overall positive recovery in cryptocurrencies. The majors like Bitcoin and Ethereum made solid profits, but sentiment shifted on with profit-taking that erased the gains from the past weekend.
Cardano Price Prediction: ADA in the run, ready to push to $1.60
Cardano price was among the victims this Monday morning in the sell-off that flooded cryptocurrency markets. Big names like Bitcoin and Ethereum trended higher during the weekend, but they all paired gains and looked for support around Friday's levels.
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