Cryptocurrencies Price Prediction: Tokens, Ripple & SUI – American Wrap 22 May
|Bittensor, NEAR and other AI tokens extend gains as OpenAI, Oracle and NVIDIA announce Stargate UAE AI campus
Technology titans OpenAI, Oracle, Nvidia and Cisco have announced a groundbreaking collaboration that will see them establish a Stargate Artificial Intelligence (AI) campus in the United Arab Emirates (UAE).
Ripple Price Forecast: Breakout to $3 could be imminent as XRP holds bullish structure
Ripple's (XRP) price accelerates the uptrend to around $2.43 at the time of writing on Thursday, propelled by improving sentiment in the broader crypto market after Bitcoin (BTC) rapidly rallied to new all-time highs at approximately $111,880. Short-term support at $2.40 sits above key demand areas like the 50-day Exponential Moving Average (EMA) at $2.29 and the 100-day EMA at $2.26, reinforcing XRP's bullish outlook.
Sui's bullish momentum at risk as leading liquidity provider Cetus suffers a $220 million hack
Sui's (SUI) over 60% surge in the last 30 days hangs in the balance after the protocol announced a hack attack on its largest liquidity provider, Cetus. The smart contracts token has reversed the gains on Thursday, down slightly on the day to $3.81 at the time of writing.
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