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Cryptocurrencies Price Prediction: Bitcoin, Binance Coin and Decentraland – European Wrap 18 February

Bitcoin Weekly Forecast: BTC revisits crucial support before exploding to $60,000

Bitcoin price is currently retracing after failing to pierce through a thick resistance barrier. Going forward, investors can expect the pullback to bounce off a significant support level confluence and give the uptrend another go.

BTC/USDT 1-day chart

Binance Coin price eyes retest of $475 as BNB bulls comeback

Binance Coin price has been on a steady downtrend after failing to set up a higher high. This downswing is currently stabilizing around a support level as BNB prepares for a new attempt.

SHIB/USDT 4-hour chart

Decentraland price to revisit $4 as MANA approaches a launch pad

Decentraland price has been on a downswing for the past two days and is currently attempting to make a U-turn. There is a good chance MANA will slide lower before triggering a quick run-up.

MANA/USDT 4-hour chart

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FXStreet Team

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

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Solana Price Forecast: SOL consolidates as ETF inflows and on-chain activity rise

Solana (SOL) edges lower on Tuesday, following a 3% rise to start the week, extending its consolidation around the $100 psychological mark. Institutional confidence holds firm in the layer-1 blockchain, with $11 million in inflows on Monday, showing signs of increased risk appetite ahead of the CLARITY Act cloture vote scheduled for Tuesday.

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Ripple and Stellar outlook: Extend gains as derivatives support upside

Ripple and Stellar extend their gains after surging over 6% and 8%, respectively, on the previous day. In addition, improving derivatives metrics support a bullish bias, signaling further gains for both altcoins. Derivatives data shows bullish bias among traders. CoinGlass’ long-to-short ratios for XRP and XLM read 1.15 and 1.35, respectively, on Tuesday.

Crypto Overview: Bitcoin remains volatile amid CLARITY Act vote – Zcash, Stellar rally
Bitcoin (BTC) holds steady around $78,000 on Tuesday, sustaining its roughly 2% recovery from the previous day. Broader cryptocurrency market volatility remains elevated ahead of the scheduled CLARITY Act cloture vote on Tuesday. Zcash (ZEC) and Stellar (XLM) retain bullish momentum, emerging as the top performers over the last 24 hours.
Bitcoin: BTC retreats as macro headwinds grow
Bitcoin (BTC) remains under pressure, down over 4% this week and trading around $76,900 at the time of writing on Friday. Institutional demand shows signs of weakness as spot BTC Exchange Traded Funds (ETFs) are on track to end their three-week inflow streak, recording nearly $500 million in net outflows through Thursday.