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Cryptocurrencies Price Prediction: Bitcoin, Chainlink & Cryptos – American Wrap 18 February

Cryptocurrencies Price Prediction: Bitcoin, Chainlink & Cryptos – American Wrap 18 February
FXStreet TeamFXStreet TeamFXStreet

Bitcoin edges down but remains rangebound; Is a breakout coming?

Bitcoin eases below 96k and continues consolidating between 94k and 98k, a familiar range within which it has traded for the past two weeks.  

Chainlink (LINK) price fails another $20 breakout test as BTC stagnation drains market momentum

Chainlink (LINK) price has plunged 6% in the last 24 hours hitting $17.8 as bulls failed another attempt to breach the $20 resistance. On-chain data trends suggest steady whale demand could keep LINK price above the $17 local bottom formed in the near term. 

Chainlink (LINK) Price Action | Source: TradingView

Why Solana, XRP, Dogecoin and BNB are crashing?

Solana (SOL), XRP, Dogecoin (DOGE) and Binance Coin (BNB) decline on Tuesday. Top altcoins ranked by market capitalization are in a downward trend, even though Bitcoin (BTC) continues to consolidate around the $95,000 level. 

Dogecoin on-chain analysis
 

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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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Ripple and Stellar outlook: Rebound from key technical supports as derivatives turn mildly bullish

Ripple and Stellar outlook: Rebound from key technical supports as derivatives turn mildly bullish

Ripple and Stellar rebound slightly on Tuesday, trading above $1.359 and $0.191, respectively, following a correction the previous day. Both XRP and XLM now test key support levels, with improving derivatives metrics supporting their recovery. Derivatives data shows improving conditions for Ripple and Stellar.

Dogecoin Price Forecast: DOGE tests $0.0800 support level amid ETF outflows

Dogecoin Price Forecast: DOGE tests $0.0800 support level amid ETF outflows

Dogecoin price ticks higher at press time, showing signs of a rebound from the $0.0800 low earlier in the day and the previous day’s 5% decline. DOGE-focused Exchange Traded Funds are facing selling pressure, with nearly $400,000 in outflows on Monday, weighing on the meme coin. Dogecoin risks a decline of over 15% to the $0.0683 support level if prices break below $0.0800.

Ripple-backed Evernorth goes live on Nasdaq with 473 million XRP treasury

Ripple-backed Evernorth goes live on Nasdaq with 473 million XRP treasury

Ripple-backed digital asset treasury firm Evernorth began trading on the Nasdaq on Monday under the ticker XRPN, giving traditional stock market investors exposure to XRP. The listing follows the completion of Evernorth’s business combination with Armada Acquisition Corp. II on Friday.
Bitcoin shows bottoming signs despite recent macro pressures

Bitcoin shows bottoming signs despite recent macro pressures

Bitcoin (BTC) remained range-bound above $82,000 on Monday as upcoming US economic data and onchain indicators weigh on market sentiment. Crypto trading firm QCP Group stated in its Monday report that Bitcoin has maintained a firmer footing a year after the market’s largest single-day liquidation event.
Bitcoin: Uptober or Rektober?

Bitcoin: Uptober or Rektober?

Bitcoin (BTC) price is down over 4% so far this week, trading below $83,000 at the time of writing on Friday as mounting selling pressure threatens to derail the seasonal “Uptober” rally. Profit-taking, a surge in long liquidations and weakening demand from institutional investors are weighing on BTC.