Cryptocurrencies Price Prediction: Bitcoin, Ethereum & Ripple – American Wrap 29 June


Bitcoin Price Prediction: BTC/USD is close to a strong move above $10,000 as the number of Bitcoin inside exchanges keeps dropping

Bitcoin is currently trading at $9,130 after a negative weekend. Bears managed to crack $9,000 and BTC/USD dropped as low as $8,800 on some exchanges. However, the move didn’t last long and bulls were able to buy the dip and recover above $9,100. Bitcoin is still in a daily downtrend but $9,000 has proved to be a strong support level.

Ethereum Technical Analysis: ETH/USD drops to $216 hitting a monthly low indicating imminent trend reversal

Ethereum is currently trading at $226 after failing to defend the last daily low of $225. Unfortunately, bulls have lost the daily uptrend even though Ethereum has recovered from the $216.37 dip. 

Ripple Technical Analysis: XRP/USD plummets down to $0.169, XRP could be doomed

While the entire crypto market suffered a dip on June 27, it’s clear that XRP is almost always the most affected coin. Every crash, XRP crashes further, and then, when it’s time to recover, it’s weaker. Basically, with every recovery, XRP is a little lower than before losing its market capitalization dominance while Bitcoin cash inches closer to the top 4. 


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Editors’ Picks

XRP gains as traders gear up for futures ETFs debut this week

XRP gains as traders gear up for futures ETFs debut this week

XRP climbs over 3% on Monday, hovering around $2.33 at the time of writing. The rally is likely catalyzed by key market movers like XRP futures Exchange Traded Funds (ETFs) approval by the US financial regulator, the Securities and Exchange Commission (SEC), and a bullish outlook. 

Bitcoin Price Forecast: BTC eyes $97,000 as institutional inflow surges $3.06 billion in a week

Bitcoin Price Forecast: BTC eyes $97,000 as institutional inflow surges $3.06 billion in a week

Bitcoin (BTC) price is stabilizing above $94,000 at the time of writing on Monday, following a 10% rally the previous week. The institutional demand supports a bullish thesis, as US spot Exchange Traded Funds (ETFs) recorded a total inflow of $3.06 billion last week, the highest weekly figure since mid-November.

Ethereum Price Forecast: ETH ETFs post first weekly inflows since February

Ethereum Price Forecast: ETH ETFs post first weekly inflows since February

Ethereum (ETH) recovered the $1,800 price level on Saturday after US spot Ether ETFs (exchange-traded funds) recorded their first weekly inflows since February.

Defi Development Corporation files to offer $1 billion in securities to boost its Solana holdings

Defi Development Corporation files to offer $1 billion in securities to boost its Solana holdings

Defi Development Corporation (formerly Janover) filed a registration statement with the Securities & Exchange Commission (SEC) on Friday, signaling its intent to offer and sell a wide range of securities, including common and preferred stock, debt instruments and warrants for the purchase of equity

Bitcoin Weekly Forecast: BTC consolidates after posting over 10% weekly surge 

Bitcoin Weekly Forecast: BTC consolidates after posting over 10% weekly surge 

Bitcoin (BTC) price is consolidating around $94,000 at the time of writing on Friday, holding onto the recent 10% increase seen earlier this week.

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