Cryptocurrencies price prediction: Ripple, TRON & Litecoin – European Wrap – 5 February


Ripple defies gravity amid Intermex partnership news; $0.3000 is a possibility now

Ripple's XRP has been growing for the fifth day in succession. Now the third largest digital asset with the current market value of $12 billion, XRP has gained over 11% in recent 24 hours and tested area baove $0.2800 for the first time since October 11, 2019. The cryptocurrency was boosted by a steady flow of positive fundamental news, including the introduction of quanto swaps on BitMEX and new partnership deals between Ripple and global banks.

 

Ripple

Tron Price Analysis: TRX/USD dents $0.0200, a decisive breakthrough will be a big deal for TRX bulls

TRON (TRX), now the 14th largest digital asset with the current market value of $1.3 billion, is changing hands at $0.0198 after a short-lived spike above $0.0200 during early Asian hours. The coin has gained nearly 6% in recent 24 hours and recovered the losses of the previous day. An average daily trading volume is registered at $1.4 billion, which is in line with the recent data.


TRON

Litecoin Market Overview: LTC/USD relaunches another shot at $70

Litecoin is trading in the green after managing to come out of the ‘crypt’ it had fallen into in the last couple of days. The Asian session was also characterized by selling pressure. However, the European session is seeing the bulls swing in action across the board.
 


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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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