Cryptocurrencies Price Prediction: Ripple, Luna Classic and Cardano – European Wrap 28 February
|Ripple price could break key support level as regulatory jitters linger
Ripple (XRP) price is set to tank another 13% as the lawsuit between Ripple and the US Securities & Exchange Commission (SEC) escalates again. Ripple’s lawyer suggested that the US SEC Chair recuse himself over a past claim concerning Bitcoin. Meanwhile, rumors are simmering that XRP could be backed with gold, which eats into the credibility of the top three cryptocurrencies.
Terra Luna Classic could rally 25% ending its month-long downtrend, on one condition
Luna Classic price is at a point that suggests the possibility of an upswing in the short-term. LUNC needs to overcome the barrier of resistance at $0.00017 to kickstart the bullish move towards the $0.00022 target.
Cardano price set to tank 10% as social media war between Reddit user, ADA founder develops
Cardano (ADA) price is tanking after a riot broke out online between an anonymous Reddit user known as Demesisx and the founder of Cardano, Charles Hoskinson. Hoskinson got called out in an open letter on Reddit for fraternizing with alt-right individuals such as Jordan Peterson and Elon Musk. It did not take long for Hoskinson to respond with his own public letter, which could turn the debate into a tit-for-tat war on social media with negative repercussions for Cardano.
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