Cryptocurrencies Price Prediction: Ripple, Bitcoin & Crypto – European Wrap 27 August

Ripple Price Forecast: XRP rebounds as whale inflows rise

Ripple (XRP) holds above $1.40 support on Wednesday, as bulls return to take control following three consecutive days of declines. The remittance token’s upside appears capped at $1.50 while extended gains would face additional resistance at $1.70. A break above $2.00 would mark a potential regime shift from bearish to bullish.

<a href="https://xpertsstudio.com/bitcoin-price-accumulates-below-80000-while-the-sentiment-fades-is-it-bullish-disbelief-or-a-warning-signal/” title=”Bitcoin Price Accumulates Below $80,000, While the Sentiment Fades—Is It Bullish Disbelief or a Warning Signal?”>Bitcoin Price Forecast: BTC extends gains as investors shift to debasement-resistant assets

Bitcoin (BTC) is extending its rally toward $80,000 on Thursday, maintaining its steady gains from last week. Eric Balchunas, a Bloomberg ETF analyst, points to rising demand for Bitcoin amid a broader market debasement. Bitcoin’s Spent Output Profit Ratio (SOPR) indicator above 1 suggests that investors are starting to take profits after the recent recovery. 

Crypto Today: Bitcoin, Ethereum, XRP bulls regain strength amid steady capital inflows

Cryptocurrency prices are broadly edging higher on Thursday, led by Bitcoin’s (BTC) uptick near $80,000. Altcoins mirror Bitcoin’s short-term bullish outlook, with Ethereum (ETH) trading above $2,500 and Ripple (XRP) hovering above its key $1.40 support.

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