Cryptocurrencies Price Prediction: Pepe, Ethereum & Ripple — Asian Wrap 24 July

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Cryptocurrencies News

Technical Analysis

PEPE (PEPE) price broke out of a descending channel pattern, surging by 12%, but is currently experiencing a corrective pullback, trading 2.3% lower at $0.0000121 as of Wednesday.

PEPE price poised for a rally after retesting trendline support PEPE price broke out of a descending channel pattern, surging by 12%, but is currently experiencing a corrective pullback, trading 2.3% lower at $0.0000121 as of Wednesday. On-chain data reveals PEPE's Long-to-Short ratio stands at 1.66, hinting at potential upcoming rallies for the cryptocurrency.

Ethereum ETFs flows data pour in after crossing $1 billion trading volume in first day of launch Ethereum is down about 1% on Tuesday as spot ETH ETFs crossed the $1 billion mark in trading volume. Given its recent price movement, ETH may replicate the price of Bitcoin post-spot BTC ETF launch. Ripple stablecoin unlikely to invite legal trouble with SEC, XRP loses key support Ripple , the native token of the XRP Ledger slipped under $0.60, a key psychological support for the altcoin.

 

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