Cryptocurrencies Price Prediction: Ripple, Binance & Cryptos – American Wrap 28 December

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[Ripple price to extend consolidation before next bold move as XRP fills up a triangle](https://www.fxstreet.com/cryptocurrencies/news/ripple-price-to-extend-consolidation-before-next-bold-move-as-xrp-fills-up-a-triangle-202312282100) [capitulated](https://www.fxstreet.com/cryptocurrencies/news/binance-capitulation-to-doj-harmed-its-case-against-the-us-sec-202312090249)to the US Department of Justice (DoJ).The US Government called out the largest cryptocurrency exchange by trading volume over allegations of money laundering, bank fraud, and sanctions violations among other charges.Information on these pages contains forward-looking statements that involve risks…

[Ripple price to extend consolidation before next bold move as XRP fills up a triangle](https://www.fxstreet.com/cryptocurrencies/news/ripple-price-to-extend-consolidation-before-next-bold-move-as-xrp-fills-up-a-triangle-202312282100) [capitulated](https://www.fxstreet.com/cryptocurrencies/news/binance-capitulation-to-doj-harmed-its-case-against-the-us-sec-202312090249)to the US Department of Justice (DoJ).The US Government called out the largest cryptocurrency exchange by trading volume over allegations of money laundering, bank fraud, and sanctions violations among other charges.Information on these pages contains forward-looking statements that involve risks and uncertainties.Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.You should do your own thorough research before making any investment decisions.FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.It also does not guarantee that this information is of a timely nature.Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress.

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Errors and omissions excepted.The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.[Join Telegram](https://t.me/fxstreetcrypto) Follow us on Telegram Stay updated of all the news Recommended Content Editors’ Picks [Binance Coin Price Forecast: BNB buying opportunity before $400](https://www.fxstreet.com/cryptocurrencies/news/binance-coin-price-forecast-bnb-buying-opportunity-before-400-202312280528) [](https://www.fxstreet.com/cryptocurrencies/news/binance-coin-price-forecast-bnb-buying-opportunity-before-400-202312280528) Binance Coin has registered a 24% rally this week, rallying from $264 to $327, where it currently trades.BNB currently tugs with the Momentum Reversal Indicator’s (MRI) resistance level at $322.

Additionally, the Binance-based altcoin will face the range high at $337, which has been a key hurdle since it was first formed in May 2022.[More Binance Coin News](https://www.fxstreet.com/cryptocurrencies/news?q=BinanceCoin&hPP=15&idx=FxsIndexPro&p=0) [This is how one Ethereum hard fork in 2023 changed the DeFi market forever](https://www.fxstreet.com/cryptocurrencies/news/this-is-how-one-ethereum-hard-fork-in-2023-changed-the-defi-market-forever-202312280314) [](https://www.fxstreet.com/cryptocurrencies/news/this-is-how-one-ethereum-hard-fork-in-2023-changed-the-defi-market-forever-202312280314) With the year coming to an end, the DeFi market is also locking in the changes witnessed throughout 2023.One key change was the Ethereum Shapella hard fork that not only impacted the market but seemingly altered the face of the Decentralized market entirely.[More Cryptocurrencies News](https://www.fxstreet.com/cryptocurrencies/news) [Ethereum Price Prediction: ETH will likely rally to $2,550 following recent bullish breakout](https://www.fxstreet.com/cryptocurrencies/news/ethereum-price-prediction-eth-will-likely-rally-to-2-550-following-recent-bullish-breakout-202312280133) [](https://www.fxstreet.com/cryptocurrencies/news/ethereum-price-prediction-eth-will-likely-rally-to-2-550-following-recent-bullish-breakout-202312280133) Ethereum validated the inverse head and should formation, a known bullish pattern.

On the short-term timeframe, ETH is likely set to witness another 5% growth to meet the target price set by the pattern.Indicators also suggest room for further increases.[More Ethereum News](https://www.fxstreet.com/cryptocurrencies/news?q=&hPP=15&idx=FxsIndexPro&p=0&dFR%5BTags%5D%5B0%5D=Ethereum) [MATIC, OP, ARB: Layer 2 tokens play catch up as attention shifts from Solana to Ethereum](https://www.fxstreet.com/cryptocurrencies/news/matic-op-arb-layer-2-tokens-play-catch-up-as-attention-shifts-from-solana-to-ethereum-202312280200) [](https://www.fxstreet.com/cryptocurrencies/news/matic-op-arb-layer-2-tokens-play-catch-up-as-attention-shifts-from-solana-to-ethereum-202312280200) Coming on the back of shifted attention from Solana to the Ethereum blockchain, L2 tokens, including MATIC, OP, and ARB are rising.MATIC is up 5% while OP and ARB are up 15%, flanked with tenfold trading volume surges, pointing to interest among traders.[More Cryptocurrencies News](https://www.fxstreet.com/cryptocurrencies/news) [Bitcoin: BTC readies for home run in 2024 with two bullish fundamentals on tap](https://www.fxstreet.com/cryptocurrencies/news/bitcoin-price-annual-forecast-btc-readies-for-home-run-in-2024-with-two-bullish-fundamentals-on-tap-202312211700) [](https://www.fxstreet.com/cryptocurrencies/news/bitcoin-price-annual-forecast-btc-readies-for-home-run-in-2024-with-two-bullish-fundamentals-on-tap-202312211700) Bitcoin (BTC) price has been bullish in 2023, scaling up as it tried to plough back the ground lost following the Terra (UST) and FTX crashes of the preceding year.The trajectory took shape in spite of it being an eventful year, with BTC riding the wave of macroeconomic as well as industry-related developments.

[Read full analysis](https://www.fxstreet.com/cryptocurrencies/news/bitcoin-price-annual-forecast-btc-readies-for-home-run-in-2024-with-two-bullish-fundamentals-on-tap-202312211700).

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Binance and Huobi among exchanges warned in India for AML and CFT framework oversight

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