As the cryptocurrency market enters the month of August, the sector appears to be displaying a therapeutic stance. With Bitcoin hitting the $70K mark once more, the altcoins are additionally responding nicely to the change. Two main cryptocurrency tokens, XRP (Ripple) and Binance Coin (BNB), are additionally adopting a compelling value path this August. Let’s discover how excessive or low these cash can commerce this month.
Ripple (XRP) and Binance Coin (BNB) Prediction, August 2024
Ripple XRP August Price Path
Ripple (XRP) crypto can also be trending currently, with Ripple busy forging international collaborations. With the US SEC case inching in the direction of its finish, the ultimate verdict is dubbed the final straw that may both make or break the XRP token.
For August 2024, Ripple (XRP) is at the moment buying and selling at $0.6414, with prospects of the token claiming a brand new value excessive quickly. According to CoinCodex, the token is now heading in the direction of claiming the $0.79 value mark by the top of August. If XRP is efficiently capable of cross the essential value juncture, it may possibly adapt to a wholesome value tempo, which can assist it declare the coveted value goal of $1.
“According to our current XRP price prediction, the price of XRP is predicted to rise by 21.06% and reach $0.790636 by August 30, 2024. Per our technical indicators, the current sentiment is bullish, while the Fear & Greed Index is showing 61 (greed). XRP recorded 21/30 (70%) green days with 13.57% price volatility over the last 30 days.”
Binance Coin (BNB) Price Path: August 2024
Binance Coin is likely one of the hottest cryptocurrency tokens among the many plenty. Despite being embroiled in a justifiable share of controversies, BNB continues to indicate an impeccable value tempo and is undeterred by exterior value erosion forces. BNB is at the moment buying and selling at $585 and has risen to 2% within the final month.
According to CoinCodex, BNB is adapting a quite aggressive value path this August. Per the portal, the token is amping up its sport by surging by almost 19% within the course of. BNB could declare a brand new excessive this August by buying and selling at a value threshold of $699.
“According to our current Binance Coin price prediction, the price of Binance Coin is predicted to rise by 19.51% and reach $699.56 by August 30, 2024. Per our technical indicators, the current sentiment is neutral, while the Fear & Greed Index is showing 61 (greed). Binance Coin recorded 17/30 (57%) green days with 5.64% price volatility over the last 30 days.”
