Cryptocurrencies Price Prediction: Ethena, Ripple & Near Protocol — American Wrap 19 September
|Ethena Price Forecast: ENA bullish case tested as Binance’s YZi Labs deepens holdings
Ethena (ENA) ends the week on the back foot, falling to an intraday low of $0.6546 on Friday. The native token of the protocol behind the USDe stablecoin faces growing downside risks amid a weakening technical structure and an increase in volatility across the cryptocurrency market ahead of the weekend.
XRP price slides to $3 as downside risks re-emerge
Ripple (XRP) posts losses on Friday, but remains near the $3.00 level, reflecting a decline in retail interest in the broader cryptocurrency market following a minor mid-week uptrend to $3.14 triggered by the United States (US) Federal Reserve’s (Fed) dovish outlook for the fourth quarter.
Near Protocol Price Forecast: NEAR extends rebound as Ethereum revives AI economy buzz
Near Protocol (NEAR) has extended its short-term bullish outlook, trading above the $3.00 level on Friday as prices in the broader cryptocurrency market decline due to rising volatility. The token at the intersection of Artificial Intelligence (AI) and blockchain technology is signaling bullishness, with a likelihood of extending its momentum toward the resistance at $3.80.
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