Crypto Market Update: XRP's Impressive Weekly Gain Amidst Bitcoin's Stagnation

TL;DR Summary
Bitcoin fell near a key support level after failing to sustain above resistance, while institutional investors continue to invest in digital assets. Bitcoin's fair value is estimated to be $55,000, and once that level is crossed, a blow-off top is expected in 2024. Support levels to watch in Bitcoin and altcoins include $29,500 for BTC, $1,853 for ETH, $0.66 for XRP, $220 for BNB, and $0.30 for ADA. The market is currently in a consolidation phase, with potential for both upward and downward moves depending on key levels being breached.
- Price analysis 7/19: BTC, ETH, XRP, BNB, ADA, SOL, DOGE, MATIC, LTC, DOT Cointelegraph
- XRP’s 60% Weekly Gain Defies Broader Crypto Slump as Bitcoin Stalls Below $30K CoinDesk
- Crypto Altcoins XRP, Solana, Cardano Rise; Bitcoin Hovers Around $30,000 Bloomberg
- Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Last recourse for BTC and ETH, but XRP will not yield FXStreet
- Bitcoin, Ether trade flat as buzz around Bitcoin ETFs and Ripple court ruling fade Yahoo Finance
- View Full Coverage on Google News
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