Cryptocurrencies Price Prediction: Solana, Ripple & Cardano — Asian Wrap 27 September

Why the Solana price could wipe out all returns since August

Solana shows a significant uptick in volume amidst the recent decline. The largest candle within the current downtrend and consolidation belongs to the bears. Invalidation of the bearish thesis could occur if the bulls breach the $38.86 price level.

 

XRP Price Prediction: One more pump then a dump

Ripple's XRP price could be on its way toward $0.56. Still, caution should be applied as the technicals suggest the uptrend could be the final wave before a reversal. XRP price could set up a 14% rally targeting the recently established monthly high at $0.5590. On Monday, September 26, the bulls rebounded after an early morning sell-off. 


Cardano: $1 is a fever dream for ADA as Vasil hard fork fails to trigger buying pressure

After Ethereum’s Merge, Cardano’s Vasil hard fork was the most anticipated event for the crypto community this year. Surprisingly, both the events, while developing the network further, acted as a disappointment for the investors and traders looking to profit off of the hype.

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. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.