Ethereum

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<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/market-focuses-on-bitcoin-ethereum-and-xrp-amid-uncertainty/" data-wpel-link="internal">Market Focuses on Bitcoin, Ethereum, and XRP Amid Uncertainty</a><br></p>
<p style="text-align: justify">While uncertainty continues in cryptocurrencies, attention has turned to Bitcoin, the leader of altcoins Ethereum, and <a href="https://en.coin-turk.com/xrp-coin-analysis-recent-developments-and-price-predictions/" data-wpel-link="internal">XRP</a>, which is at the center of the Ripple-SEC lawsuit. In the last 24 hours, Bitcoin and Ethereum have shown a stable outlook, while XRP has been performing much better than expected.</p> 
<h2 style="text-align: justify" id="bitcoin-comments">Bitcoin Comments</h2> 
<p style="text-align: justify">Bitcoin’s price had dropped by over 11% last week. This week, however, BTC shows a positive outlook supported by a 2.5% increase. The declines in BTC had caused the price to fall to $54,400.</p> 
<p style="text-align: justify">On the other hand, attention was on the BTC price. After a 1% increase in the last 24 hours, BTC is trading at $58,026.<br> <img fetchpriority="high" decoding="async" class="aligncenter size-full wp-image-370226" src="https://coin-turk.com/wp-content/uploads/2024/07/btc-kac-dolar-coin-turk-com.png" alt="" width="823" height="357"></p> 
<p style="text-align: justify">Charts indicate that BTC could rise to the $58,847 resistance and potentially reach $60,000. If the expected scenario occurs, Bitcoin’s price could escape the $50,900 level that might form after a double top formation.</p> 
<h2 style="text-align: justify" id="ethereum-price">Ethereum Price</h2> 
<p style="text-align: justify">Attention has also turned to a recovery in Ethereum. In recent months, Ethereum’s price had risen below $4,000 but then fell to the $2,900 region.</p> 
<p style="text-align: justify"><img decoding="async" class="aligncenter size-full wp-image-370227" src="https://coin-turk.com/wp-content/uploads/2024/07/eth-coin-turk-com.png" alt="" width="831" height="357"></p> 
<p style="text-align: justify"><strong>ETH</strong> has a support level at $3,000. The first level to overcome for ETH seems to be reclaiming $3,346 as support.</p> 
<p style="text-align: justify">Given <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">market conditions</a>, Ethereum’s price may not reach $3,300. The $3,200 level could be critical during this period.</p> 
<p style="text-align: justify">The region indicating the 23.6% Fibonacci retracement level in the above chart remains a support, making $3,000 an important price. However, losing this level could invalidate the entire bullish outlook.</p> 
<h2 style="text-align: justify" id="xrp-coin-future">XRP Coin Future</h2> 
<p style="text-align: justify">A big surprise occurred on the <strong>XRP</strong> side, showing movements beyond the market. XRP’s price does not follow the trajectory of BTC and ETH. In the last week, XRP has grown by over 8%, surpassing the $0.46 level and maintaining it.</p> 
<p style="text-align: justify"><img decoding="async" class="aligncenter size-full wp-image-370228" src="https://coin-turk.com/wp-content/uploads/2024/07/xrp-coin-turk-com-2.png" alt="" width="842" height="358"></p> 
<p style="text-align: justify">If XRP surpasses the $0.47 level, it could regain the level seen in the last drop, which could please investors. On the other hand, a potential rise to $0.50 could trigger consolidation below the $0.51 region for a while.</p> 
<p style="text-align: justify">However, if the price does not stay above the $0.46 level, it could pull back to $0.42.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/market-focuses-on-bitcoin-ethereum-and-xrp-amid-uncertainty/" data-wpel-link="internal">Market Focuses on Bitcoin, Ethereum, and XRP Amid Uncertainty</a></h5>

Market Focuses on Bitcoin, Ethereum, and XRP Amid Uncertainty

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