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Bitcoin, Ethereum, and Ripple Price Predictions in July 2020

Anca F. by Anca F.
June 25, 2020
in Crypto 101, Cryptocurrencies

We will be assessing some of the past price trends and market opinions so that we can issue a price prediction for Bitcoin, Ethereum, and Ripple in July 2020.

Bitcoin Price Prediction: Analysis

Bitcoin logoBTC started June at $9.463,61 and managed in the next couple of days to pass the $10,000 resistance mark. The coin then fell back down to $9,500 and continued to slowly climb back through the first week of the month to $9,900, but BTC swiftly fell down to $9,300 that same day.

Since June 11th, BTC is trading mostly around $9,400- $9,500, showing that the pattern is going through a sideways consolidation.

Bitcoin price has managed to keep itself above the $9,000 for the past seven days. The resistance seems to be set at $9,600, making $10,000 highly unlikely. On June 15th, Bitcoin went below $9,000, testing the price of $8,900. The recovery did place BTC above $9,000, but the rally lacked the momentum needed to surpass $9,600.

BTC/USD price chart

Support has been set at $9,300, with $9,500 is showing bearish congestion. BTC/USD is currently trading above $9,100, at $9,189.43, with a decrease of -4.66% in the last 24 hours.

Bitcoin Market Predictions

Tradingbeasts

Tradingbeasts projects that BTC will start July at $8,360.412, with the maximum possible price of $10,446.850 and a minimum value of $7,103.858. The site calculated that Bitcoin will have a closing price of $8,357.480, with a change of -11.41%.

Longforecast

Longforecast’s Bitcoin price prediction for July 1st is $9383. The maximum estimated price is $10,183, while the minimum value is projected at $7,979. The month’s average was forecasted at $9,238. They also projected that Bitcoin will close the month at $9,408, signifying an increase for July of 0.3%.

Digitalcoinprice

Digitalcoinprice foresaw that Bitcoin will hit $22,517.59 in July, which would mean a change of 137.86%.

30rates

30rates made predictions for every day of July (except weekends), with the minimum, maximum, and closing prices for each individual day.

DateWeekdayMinMaxPrice
07/01Wednesday$8627$9925$9276
07/02Thursday$8554$9842$9198
07/03Friday$8485$9763$9124
07/06Monday$8423$9691$9057
07/07Tuesday$8510$9791$9150
07/08Wednesday$8597$9891$9244
07/09Thursday$8469$9743$9106
07/10Friday$8478$9754$9116
07/13Monday$8659$9963$9311
07/14Tuesday$8111$9333$8722
07/15Wednesday$8207$9443$8825
07/16Thursday$8202$9436$8819
07/17Friday$8229$9467$8848
07/20Monday$8297$9545$8921
07/21Tuesday$8339$9595$8967
07/22Wednesday$8192$9426$8809
07/23Thursday$8301$9551$8926
07/24Friday$8423$9691$9057
07/27Monday$7860$9044$8452
07/28Tuesday$8489$9767$9128
07/29Wednesday$8271$9517$8894

Gov.Capital

Gov.Capital issues predictions for all the days in July, along with the least and best possible prices for each day.

Calendar dateRegularLeast possible priceBest possible price
2020 July
2020 July 01, Wednesday 9326.723 7927.71455 10725.73145
2020 July 02, Thursday 9206.452 7825.4842 10587.4198
2020 July 03, Friday 9629.380 8184.973 11073.787
2020 July 04, Saturday 9855.339 8377.03815 11333.63985
2020 July 05, Sunday 9616.715 8174.20775 11059.22225
2020 July 06, Monday 9717.816 8260.1436 11175.4884
2020 July 07, Tuesday 9701.747 8246.48495 11157.00905
2020 July 08, Wednesday 9911.566 8424.8311 11398.3009
2020 July 09, Thursday 10142.96 8621.516 11664.404
2020 July 10, Friday 10084.93 8572.1905 11597.6695
2020 July 11, Saturday 9705.675 8249.82375 11161.52625
2020 July 12, Sunday 9605.066 8164.3061 11045.8259
2020 July 13, Monday 9596.837 8157.31145 11036.36255
2020 July 14, Tuesday 9412.260 8000.421 10824.099
2020 July 15, Wednesday 9230.690 7846.0865 10615.2935
2020 July 16, Thursday 9224.732 7841.0222 10608.4418
2020 July 17, Friday 9107.931 7741.74135 10474.12065
2020 July 18, Saturday 9566.309 8131.36265 11001.25535
2020 July 19, Sunday 9674.116 8222.9986 11125.2334
2020 July 20, Monday 9818.825 8346.00125 11291.64875
2020 July 21, Tuesday 9888.176 8404.9496 11371.4024
2020 July 22, Wednesday 9901.681 8416.42885 11386.93315
2020 July 23, Thursday 9840.095 8364.08075 11316.10925
2020 July 24, Friday 9838.633 8362.83805 11314.42795
2020 July 25, Saturday 10015.68 8513.328 11518.032
2020 July 26, Sunday 9836.888 8361.3548 11312.4212
2020 July 27, Monday 9804.931 8334.19135 11275.67065
2020 July 28, Tuesday 9861.653 8382.40505 11340.90095
2020 July 29, Wednesday 9888.940 8405.599 11372.281
2020 July 30, Thursday 9842.132 8365.8122 11318.4518
2020 July 31, Friday 9902.139 8416.81815 11387.45985

Ethereum Price Prediction: Analysis

Ethereum started June at around $230, touching $252,22 the second day, but failed to maintain these gains and reverted back to the same levels. The rest of the week, ETH traded around $230 and a little over $240 until June 11th, when the coin reached a high of $249,89. That same day, ETH lost these gains and plummeted below the support line of $230. The altcoin bounced back to $230, reaching $239,35, but failed to surpass $240.

On June 15th, ETH plunged to $221,24, with a minor rebound to $229. The past week has seen ETH consolidating between $229 and just above $230, testing the $235 resistance level. Today, June 25th, ETH is trading at $232.91, with an increase of 3%. The next resistance is set at $240, with high chances to have a bull run in the mid-term.

Ethereum Market Predictions

Tradingbeasts

The site projected that the starting price of Ethereum for July will be set at $196.014. The website expects ETH to have a maximum price of $243.202 and a minimum of $165.378. The closing price for the month was calculated at $194.562, with a change of -14.99%.

Longforecast

Longforecast’s Ethereum price prediction for the start of July is $225. The expected max price is $266, while the min is $195. The month’s average price was estimated at around $227. The closing price for Ethereum is expected to be around $221, with a change of -1.8%.

Digitalcoinprice

Digitalcoinprice forecasted that Ethereum will be changing hands at $423.79, change for July 78.25%.

30rates

30rates made a price prediction for every day of July (except weekends), with the minimum, maximum, and closing prices for each individual day.

DateWeekdayMinMaxPrice
07/01Wednesday$223$257$240
07/02Thursday$220$254$237
07/03Friday$218$250$234
07/06Monday$216$248$232
07/07Tuesday$219$253$236
07/08Wednesday$219$251$235
07/09Thursday$212$244$228
07/10Friday$213$245$229
07/13Monday$219$253$236
07/14Tuesday$204$234$219
07/15Wednesday$207$239$223
07/16Thursday$206$236$221
07/17Friday$207$239$223
07/20Monday$209$241$225
07/21Tuesday$211$243$227
07/22Wednesday$208$240$224
07/23Thursday$207$239$223
07/24Friday$213$245$229
07/27Monday$205$235$220
07/28Tuesday$219$253$236
07/29Wednesday$209$241$225

Gov.Capital

Gov.Capital issues predictions for all the days in July, along with the least and best possible prices for each day.

Calendar dateRegularLeast possible priceBest possible price
2020 July
2020 July 01, Wednesday 196.187 166.75895 225.61505
2020 July 02, Thursday 194.609 165.41765 223.80035
2020 July 03, Friday 206.232 175.2972 237.1668
2020 July 04, Saturday 209.076 177.7146 240.4374
2020 July 05, Sunday 202.261 171.92185 232.60015
2020 July 06, Monday 203.753 173.19005 234.31595
2020 July 07, Tuesday 202.696 172.2916 233.1004
2020 July 08, Wednesday 208.989 177.64065 240.33735
2020 July 09, Thursday 207.968 176.7728 239.1632
2020 July 10, Friday 187.132 159.0622 215.2018
2020 July 11, Saturday 167.083 142.02055 192.14545
2020 July 12, Sunday 165.910 141.0235 190.7965
2020 July 13, Monday 168.501 143.22585 193.77615
2020 July 14, Tuesday 159.063 135.20355 182.92245
2020 July 15, Wednesday 150.104 127.5884 172.6196
2020 July 16, Thursday 144.613 122.92105 166.30495
2020 July 17, Friday 148.201 125.97085 170.43115
2020 July 18, Saturday 170.666 145.0661 196.2659
2020 July 19, Sunday 171.481 145.75885 197.20315
2020 July 20, Monday 166.312 141.3652 191.2588
2020 July 21, Tuesday 170.581 144.99385 196.16815
2020 July 22, Wednesday 170.315 144.76775 195.86225
2020 July 23, Thursday 167.420 142.307 192.533
2020 July 24, Friday 166.097 141.18245 191.01155
2020 July 25, Saturday 171.343 145.64155 197.04445
2020 July 26, Sunday 165.158 140.3843 189.9317
2020 July 27, Monday 161.258 137.0693 185.4467
2020 July 28, Tuesday 160.648 136.5508 184.7452
2020 July 29, Wednesday 156.919 133.38115 180.45685
2020 July 30, Thursday 157.842 134.1657 181.5183
2020 July 31, Friday 150.458 127.8893 173.0267

Ripple Price Prediction: Analysis

Ripple logoXRP debuted at $0.20 in June and remained around this level for most of the month until June 10th. On June 11th, Ripple dipped to $0,189520 and closed the day at $0.19. Until June 17th, XRP traded mostly above $0.19 but failed to surpass $0.197.

This past weekend, ripple price continued its decline below the $0.1920 level against the US Dollar. The XRP/USD pair went below the $0.1900 support level and tested the $0.1840 support zone with a low set at the $0.1850 level. The price is currently consolidating gains above $0.1850.

xrpusd-jun22

Currently, the price of XRP is $0.182224, with a decline of -3.74% in the last 24 hours.

The initial resistance is around the $0.1882 level with a crucial bearish trend line forming with resistance near $0.1900. The next resistance is around the $0.1920 level.

If the bulls get past the $0.1920 resistance, the price could reach the $0.1950 resistance, with the bulls aiming for the $0.2000 level.

Ripple Market Predictions

Longforecast

Longforecast foretold that XRP would begin the month at 0.19 Dollars. They also anticipated that the maximum price would be around $0.20 and the minimum at $0.16. The expected month average was calculated at $0.19. The site estimates that XRP will close the month at a price of $0.19, change for July -0.0%.

Tradingbeasts

The XRP price is expected to reach $0.2386730 by the start of July 2020. The expected max price was calculated at around $0.2964614, while the minimum was set at $0.2015937. The XRP price prediction for the end of July is $0.2371691, which marks an increase of 25.72%.

Digitalcoinprice

Digitalcoinprice’s XRP price prediction is $0.39382563 for July, which means an increase of 110.83%.

30rates

30rates made predictions for every day of July (except weekends), with the minimum, maximum, and closing prices for each individual day.

07/01Wednesday$0.171$0.197$0.184
07/02Thursday$0.170$0.196$0.183
07/03Friday$0.175$0.201$0.188
07/06Monday$0.162$0.186$0.174
07/07Tuesday$0.163$0.187$0.175
07/08Wednesday$0.161$0.185$0.173
07/09Thursday$0.162$0.186$0.174
07/10Friday$0.162$0.186$0.174
07/13Monday$0.163$0.187$0.175
07/14Tuesday$0.162$0.186$0.174
07/15Wednesday$0.162$0.186$0.174
07/16Thursday$0.163$0.187$0.175
07/17Friday$0.156$0.180$0.168
07/20Monday$0.163$0.187$0.175
07/21Tuesday$0.159$0.183$0.171
07/22Wednesday$0.166$0.192$0.179
07/23Thursday$0.164$0.188$0.176
07/24Friday$0.166$0.190$0.178

Gov.Capital

Gov.Capital issues predictions for all the days in July, along with the least and best possible prices for each day.

Calendar dateRegularLeast possible priceBest possible price
2020 July
2020 July 01, Wednesday 0.140 0.119 0.161
2020 July 02, Thursday 0.143 0.12155 0.16445
2020 July 03, Friday 0.157 0.13345 0.18055
2020 July 04, Saturday 0.162 0.1377 0.1863
2020 July 05, Sunday 0.150 0.1275 0.1725
2020 July 06, Monday 0.148 0.1258 0.1702
2020 July 07, Tuesday 0.146 0.1241 0.1679
2020 July 08, Wednesday 0.146 0.1241 0.1679
2020 July 09, Thursday 0.148 0.1258 0.1702
2020 July 10, Friday 0.129 0.10965 0.14835
2020 July 11, Saturday 0.1046 0.08891 0.12029
2020 July 12, Sunday 0.10099 0.0858415 0.1161385
2020 July 13, Monday 0.1037 0.088145 0.119255
2020 July 14, Tuesday 0.0949 0.080665 0.109135
2020 July 15, Wednesday 0.09067 0.0770695 0.1042705
2020 July 16, Thursday 0.0892 0.07582 0.10258
2020 July 17, Friday 0.0968 0.08228 0.11132
2020 July 18, Saturday 0.120 0.102 0.138
2020 July 19, Sunday 0.1093 0.092905 0.125695
2020 July 20, Monday 0.1042 0.08857 0.11983
2020 July 21, Tuesday 0.1064 0.09044 0.12236
2020 July 22, Wednesday 0.1058 0.08993 0.12167
2020 July 23, Thursday 0.1058 0.08993 0.12167
2020 July 24, Friday 0.1031 0.087635 0.118565
2020 July 25, Saturday 0.1091 0.092735 0.125465
2020 July 26, Sunday 0.1035 0.087975 0.119025
2020 July 27, Monday 0.0999 0.084915 0.114885
2020 July 28, Tuesday 0.0967 0.082195 0.111205
2020 July 29, Wednesday 0.0932 0.07922 0.10718
2020 July 30, Thursday 0.0967 0.082195 0.111205
2020 July 31, Friday 0.0933 0.079305 0.107295

Conclusion

These have been our July price predictions for Bitcoin, Ethereum, and Ripple. We hope that the information we have provided will be of help in your future trading operations.

Featured image: medium.com

Tags: Bitcoin price predictionBitcoin price prediction JulyEthereum price predictionEthereum price prediction JulyRipple price predictionXRP price predictionXRP price prediction July
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Invest at your own risk notice : The information on this website and the links provided are for general information only and should not constitute any financial or investment advice. We strongly recommend you to conduct your own research or consult a qualified investment advisor before making any financial decisions. We are not responsible for any loss caused by any information provided directly or indirectly on this website.

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