Ripple’s support range has held strong since May 2023.The MACD indicator signals a potential bullish rebound.
On the daily chart, Ripple (XRP) has been settling in a sideways triangular formation that indicates a balance between buying and selling pressures and raises doubts about the general trend direction. Sellers are finding it difficult to get below the $0.47 lower border of this pattern, which the price recently hit.
Strong holding of this support range since May 2023 indicates ongoing demand and strong buying pressure. As such, a mid-term bullish reversal appears plausible, which could result in little bullish moves toward the top edge of the triangle.
A quick fall below this crucial support, however, would lead to a large long-term liquidation and a steep short-term loss.
Short-Term Bearish Continuation Flag Pattern
The XRP price forms a bearish continuation flag pattern on the 4-hour chart, with a brief phase of lateral movement and erratic price activity near the critical $0.47 support zone. The price fell recently to the important $0.47 support zone and the bottom trendline of the pattern.

Should sellers be able to cross this threshold, a big and quick decline is expected. But the MACD indicator, which has recently turned green, suggests a potential bullish rebound.
This indication and the current demand around this important support point to more buying pressure and the possibility of a mid-term bullish turnaround.

Current XRP Market Data
CoinMarketCap data show that the price of XRP is about $0.4722 at the moment of writing, down 0.57% over the last 24 hours. Earlier, CNF featured Ambassador Bitrue, King Karan, who made a strong case for XRP and stressed that it would be the biggest mistake to ignore this cryptocurrency.
On the other hand, according to GSR research, XRP and Cardano face hurdles when it comes to ETF adaptation. GSR approaches decentralization critically, highlighting aspects like permissionless participation.

Ripple Vs SEC News: Ripple President Clears the Air on Lawsuit and XRP ETF
Ripple Vs SEC News: Ripple president Monica Long spoke about XRP lawsuit, payments, RLUSD stablecoin and potential XRP ETF launch in the future. XRP price fell ahead a key ruling in XRP lawsuit.
HIGHLIGHTS
Ripple president Monica Long weighs on Ripple Vs SEC lawsuit, payments, RLUSD stablecoin, and XRP ETF.Courts clarity on XRP allowed Ripple to focus on other use cases and expansion.XRP price trading sideways ahead key ruling in the Ripple Vs SEC lawsuit.
Ripple president Monica Long talked about key opportunities and challenges regarding Ripple Vs SEC lawsuit, payments, RLUSD stablecoin, XRP ETF, and more. The status quo in the XRP lawsuit amid recent developments and clarity on XRP from courts turned Ripple president bullish on a potential XRP ETF.
Ripple President Monica Long Weighs on Ripple and XRP
Monica Long, president of Ripple, said the company has come a long way after the district court’s decision on XRP as not a security, ruling against the U.S. Securities and Exchange Commission (SEC). The clarity on XRP allowed Ripple to focus on other use cases and expansion.
SEC has not slowed down its agenda against the crypto industry, challenging the growth of crypto, blockchain, and other related technologies in the United States. Despite stringent pressure, Long claimed Ripple has boosted payments infrastructure, XRP Ledger, and custody services through Metaco. Various partnerships were announced in XRP ledger developments and custody services to banks and other financial institutions.
RLUSD stablecoin will bring additional advantage in Ripple business and entry in markets with less liquidity. The stablecoin will not compete with XRP, but help in growing its adoption driven by DeFi and institutional investors. Standard Custody, which was acquired by Ripple earlier this year, will manage the reserve for RLUSD.
Ripple has infrastructure for RWA tokenization. Recently, Ripple and Archaxextended their existing collaboration to bring hundreds of millions of dollars of tokenized real-world assets on XRP Ledger. Wall Street giants such as BlackRock, JPMorgan, and Goldman Sachs have moved towards the technology.
Monica Long remains bullish on seeing issuers filing an XRP exchange traded funds (ETFs) due to several positive factors. XRP and Bitcoin are the only crypto assets with clarity from the US government.
Also Read: Ripple CEO Slams SEC Chair for Saying Crypto Executives “Go to Jail”
XRP Lawsuit Nears Ruling
Ripple CLO Stuart Alderoty stated the SEC to put aside its demand for $2 billion in fines. He slammed the SEC for bad faith and clearly having issues with Ripple Labs’ thriving business.
Lawyers and former SEC officialsanticipate the SEC may not file an appeal against Judge Torres’ summary judgment. The crypto community awaits Judge Torres’ verdict on penalties and final judgment in the remedies phase, which is likely to come in July.
Meanwhile, XRP price continues to trade under $0.48 this week, with the price currently trading at $0.473. The price failed hold upside level amid the uncertainty and bearish sentiment. The 24-hour trading volume slumped 27% and indicates traders’ lack of interest.

Notice of Removal of Spot Trading Pairs - 2024-06-21
2024-06-19 11:00
This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians, 
To protect users and maintain a high quality trading market, Binance conducts periodic reviews of all listed spot trading pairs, and may delist selected spot trading pairs due to multiple factors, such as poor liquidity and trading volume.
Based on our most recent reviews, Binance will remove and cease trading on the following spot trading pairs:
At 2024-06-21 03:00 (UTC): BETA/BTC, SEI/TUSD, TIA/TUSD
Please note:
The delisting of a spot trading pair does not affect the availability of the tokens on Binance Spot. Users can still trade the spot trading pair’s base and quote assets on other trading pair(s) that are available on Binance. 
Binance will terminate Spot Trading Bots services for the aforementioned spot trading pairs at 2024-06-21 03:00 (UTC) where applicable. Users are strongly advised to update and/or cancel their Spot Trading Bots prior to the cessation of Spot Trading Bots services to avoid any potential losses.There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise. 

In Brief
Bitcoin is trading at $66,623, with weakened altcoin sales.BTC's key support loss triggered new lows in altcoins.ETH price bounced from the 50-day SMA level of $3,415.

The leading cryptocurrency is trading at $66,623, while altcoinsales have weakened. BTC is still not in a safe zone. Significant losses are normal amid weak risk appetite and long-term investors selling. What levels can be tested in the coming days? What awaits investors at this stage? Current price predictions for Bitcoin and Ether.
Bitcoin (BTC)
Bitcoin, searching for a short-term bottom, continues to close above $66,000 for now. The loss of the key support level in BTC price triggered stop levels in altcoins, creating new lows. If BTC can initiate a recovery, abnormal demand for altcoins may be seen at current levels. Access NEWSLINKER to get the latest technology news.

BTC price fell below $66,147 but reclaimed the region representing the 50-day SMA. Now, $67,863, which corresponds to the EMA20, needs to be reclaimed. While the RSI is negative, the 20-day EMA has turned downward, which is discouraging. If the 50-day SMA level is lost, we could see a deeper correction in Bitcoin price down to $60,000.
In the bullish scenario, either the EMA20 will be reclaimed from the current level, or a bounce from around $65,000 will be expected. The only trigger for a jump to $70,000 would be details favoring risk markets in the Fed’s monetary market report to Congress this coming Friday.
Ethereum (ETH) ETF
While everyone expected approval in June, SEC Chairman Gensler gave a broad timeline until the end of summer for S-1 Form approvals. Bloomberg ETF experts say the normal process is being followed, and the SEC could approve exchange listings on July 2. On June 14, the ETH price bounced from the 50-day SMA level of $3,415, partly for this reason.

Ethereum (ETH) ETF
While everyone expected approval in June, SEC Chairman Gensler gave a broad timeline until the end of summer for S-1 Form approvals. Bloomberg ETF experts say the normal process is being followed, and the SEC could approve exchange listings on July 2. On June 14, the ETH price bounced from the 50-day SMA level of $3,415, partly for this reason.
Here, the 20-day EMA level, which needs to be closed above, corresponds to $3,612. Beyond this, the rally could extend to $3,730 and $3,977. In the opposite scenario, losing $3,415 could see ETH price drop to $2,850. Below $3,362, there is a risk similar to BTC’s $60,000 risk, with a potential drop to $3,000.

The increased selling from Bitcoin miners comes as revenues remain low following the halving.
Bitcoin (BTC) has fallen 4.5% in the past seven days, going to a monthly low of $65,000. This plunge in the digital asset’s value could be linked to increased selling from mining entities.
In the latest CryptoQuant weekly report, analysts revealed that the number of BTC sent from Bitcoin mining entities to exchanges has reached a two-month high amid a decline in their revenues due to lower transaction fees.
Miner Selling Hits Two-Month High
On June 9, the hourly transfer of BTC, mainly from the btc.com mining pool, to the crypto exchange Binance hit a two-month high of more than 3,000 BTC. The next day, miners sold at least 1,200 BTC via over-the-counter desks, recording their highest daily volume since late March, when the daily volume totaled 1,600 BTC.
Large Bitcoin mining companies have also increased their selling activity. One such is the U.S.-based Marathon Digital, which has offloaded 1,400 BTC so far in June. The entity’s June sale represents 8% of its total holdings, a major increase from the 390 BTC it sold in May.
The increased selling from Bitcoin miners comes as revenues remain low following the halving. Daily miner revenues have plunged to approximately $35 million, down 55% from $78 million, a peak reached in March.
Daily Bitcoin transaction fees now hover around 65, a massive drop from the 117 recorded before the halving. In addition, median transaction fees have stayed low in USD terms despite the record-high number of transactions seen on the network in the past few weeks.

CONTENTS
1. Overview
2. Binance coin price prediction: Technical analysis
3. Binance coin price analysis: BNB devalues to $606.9 amidst a downside
4. BNB technical indicators: Levels and action
5. BNB price predictions June 2024
6. BNB price predictions 2024
7. BNB price predictions 2025 to 2030
8. BNB market price prediction: Analysts’ BNB price forecast
9. Cryptopolitan’s Binance coin price forecast
10. BNB historic price sentiment
Key takeaways
Binance coin price prediction for 2024 indicates that the coin’s price could reach a maximum price of $856.The Binance coin price prediction for 2027 projects a maximum price of $2,820 and a minimum price of $2,312.By 2030, BNB’s price could surge to $7,609 with broader acceptance in mainstream finance.
After notable changes in its executive team, Binance has shown resilience and prospects for recovery. The departure of Changpeng Zhao, Binance’s CEO, who was also embroiled in legal challenges, initially caused a decline in the value of Binance coin (BNB). Despite this initial setback, the cryptocurrency has shown a positive trend.
What next for BNB in the remainder of 2024 and beyond? Let’s get into the BNB price prediction and technical analysis.
Overview
CryptocurrencyBinance coinTokenBNBPrice$606.9Market Cap$89,419,523,182Trading Volume$1,449,727,963Circulating Supply147,584,098 BNBAll-time High$717.48 June 06, 2024All-time Low$0.09611 Oct 19, 201724-h High$609.0524-h Low$0.09611
Binance coin price prediction: Technical analysis
MetricValuePrice Prediction$721Volatility6.32%50-Day SMA$603.3114-Day RSI48.29SentimentNeutralFear & Greed Index70 (Greed)Green Days15/30 (50%)200-Day SMA$438.12
Binance coin price analysis: BNB devalues to $606.9 amidst a downside
TL;DR Breakdown
Binance Coin price analysis confirms the downtrend.Coin value has dropped down to $606.9 low.Strong support is available at $551.2 extreme.
The one-day and four-hour Binance Coin price analysis for June 16, 2024, confirms a declining price movement. The past two days proved in favor of the bulls, but currently the bears are on the lead. Overall, the market scenario of the past few weeks proved to be in favor of the bears, and today they secured a comeback once again. The cryptocurrency value has depreciated below $606.9 because of the intensifying selling momentum. If the selling pressure gains further momentum, a further decline in cryptocurrency value seems possible.
BNB price analysis on the daily timeframe: A downturn results in a loss below the $606 marker
The daily Binance Coin price analysis suggests a bearish trend for the day. The past two days proved to be supportive of cryptocurrency buyers, as buying activity remained considerably high. Today, however, a noticeable rise in bearish momentum can be observed. The overall value of the cryptocurrency has declined to $607 as a result of the latest bearish comeback. If we discuss the moving average (MA) indicator, then its curve is a steep slope. That is because of the continual downswing, as observed in the earlier week. Its value has dropped to $624.4 as a result of the bearish price movement. 

Congressman Ro Khanna to host key Bitcoin strategy roundtable with Biden Admin and industry leaders in Washington D.C. next month.

HIGHLIGHTS
Ro Khanna to host pivotal crypto strategy roundtable in D.C. next month.Trump's pro-Bitcoin actions prompt Biden's strategic reassessment.Mark Cuban criticizes SEC's approach, impacting Biden's election strategy.U.S. Congressman Ro Khanna will be conducting a round table conference in Washington D. C next month.From a private email obtained, the event is set to gather representatives of the Biden Administration, Congress, and the industry.Bitcoin Strategy Talk Next MonthSome of the expected guests are members of the House of Representatives and the Senate.The main goal of this assembly is to develop strategies that guarantee that Bitcoin and blockchain technologies remain innovative and dominant in the United States.Khanna’s office has characterized this roundtable as a critical platform for policy makers and visionaries in the blockchain space, making it one of the most important such gatherings to date.Donald Trump’s RoundtableThe proposed roundtable seems to be a clear reaction to the recent actions of the ex-President of the United States, Donald Trump, who has already supported the Bitcoin market. Some of the engagements are, accepting Bitcoin Lightning payments for contributions towards his campaigns, a first for every former president.In addition, he has pledged to reverse what he describes as “Joe Biden’s war on crypto” and champion the idea that the future of Bitcoin and crypto belongs in America.This involvement by Trump has been in the recent past when he held a round table meeting with major US Bitcoin miners at Mar-a-Lago demonstrating his endorsement of the sector. These developments come as the Biden admin has been tightening its relationship with the crypto sector and faces a number of regulatory and legal actions against the industry.Shift in Biden Admin’s Crypto StrategyGiven the past hostility towards cryptocurrencies, as evidenced by President Biden’s veto of a bill enabling financial institutions to provide crypto custody services and the arrest of major players in the crypto mixing space, there is a shift in this policy. For instance, it has been revealed that discussions are being held within Biden admin’s campaign to accept crypto donations through Coinbase Commerce similar to the strategies employed by Trump’s campaign.Furthermore, the involvement of key personalities like Mark Cuban who has recently slammed SEC chairman Gary Gensler for his approach to regulating cryptocurrencies suggests a paradigm shift. Cuban added that this approach of Gensler may harm Biden’s chances in the next presidential election, especially among the millennial and Gen Z voters who are more familiar with cryptocurrencies.This roundtable might prove a tactical shift in the Democratic’s stance on blockchain and cryptocurrency, to ensure that the progressive steps made in the industry are not hindered by the legal actions that are being taken.🫵🏻#BinanceTournament
#AirdropGuide #CPIAlert #ETHETFsApproved #FIT21

Analysis of Fund Flow from Lookonchain, a specialist on-chain data platform where Detailed Information has been given on how spot Bitcoin ETFs has been flowing in and out of various ETF issuers. The report shows important inflows and outflows data and tells us how institutional actions might be driving the market directions.
Per data from Lookonchain, the aggregate actions across nine ETFs saw a net loss of 2,297 Bitcoins or around $153 million. This significant change underscores an important development-state of the biggest financial entities changing their Bitcoin holdings. 
Interestingly, Fidelity Wise Origin Bitcoin Fund saw a significant decrease of 1,596 Bitcoins ($106.3 million), resulting in a total of 172,753 Bitcoins ($11.5 billion) in its holdings.
Detailed ETF Performance Insights
The Grayscale Bitcoin Trust, an even bigger player, dropped its holdings by just 12 BTC, leaving a sizable stash that sits at 282,148 Bitcoins worth roughly $18.8 billion. It’s a small change in what Grayscale is currently holding, but it could suggest a more prudent course of action when compared to Fidelity cutting back on its investments so significantly.