2021-07-07 14:00:00

Ripple $1, Cardano $1.65, Ethereum $2600. Cryptocurrencies Price Prediction – European Wrap

XRP price is consolidating in a tight range near the range low but eyes a move higher. A bounce from the immediate support barrier might propel Ripple into the high probability reversal zone.

 

Cardano price set up a swing low on June 22, which was followed by an exponential run-up that led to a steep pullback. Since the retracement, ADA has been on a slow uptrend.

 

ADA/USDT 4-hour chart

Ethereum enthusiasts are waiting for the delayed release of the London hard fork while trading with caution. The most notable Ethereum Improvement Proposals (EIP) in the upgrade is EIP 1559. This, combined with the transition to Proof-of-Stake (PoS) is considered equivalent to a “Triple Halving”. 

 

 

 

 

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