Cryptocurrencies Price Prediction: Ripple, Pi Network & Solana — American Wrap 12 September
|Ripple Price Forecast: XRP uptrend shows strong buy-side momentum as open interest rebounds
Ripple (XRP) is positioned above $3.00 on Friday, as bulls push to extend the uptrend, aiming for the record high of $3.66 reached on July 18. The uptick in the XRP price over the past week reflects bullish sentiment in the broader cryptocurrency market, which has seen the Altcoin Season Index rise to 78, indicating the beginning of the long-awaited altcoin season.
Pi Network Price Forecast: PI rebounds after consolidation, eyes channel breakout
Pi Network (PI) appreciates over 3% at press time on Friday, marking the end of a week-long consolidation phase and teasing a potential channel breakout that would add to the possibility of further gains ahead. However, chances of a breakout are limited given the increase in Centralized Exchanges (CEXs) wallet balances, which indicates a decline in retail demand.
Two 'Made in USA' tokens to watch as altcoin season beckons
The cryptocurrency market is ending the week largely in the green, backed by Bitcoin (BTC) surging above $116,000 and correcting slightly toward the $115,000 level on Friday. Altcoins, led by Solana (SOL) and Ethereum (ETH), continue to sustain the bullish outlook, hinting at the much-anticipated altcoin season.
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