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Cryptocurrencies Price Prediction: Bitcoin, Ripple and Solana – European Wrap 17 August

Cryptocurrencies Price Prediction: Bitcoin, Ripple and Solana – European Wrap 17 August
FXStreet TeamFXStreet TeamFXStreet

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Spurts of bullish momentum fight resurging bears

Bitcoin price sees a bullish uptick in an attempt to clear up any inefficiencies formed during the recent sell-off. Despite its uptrend, Ethereum price remains broadly range bound in the short-term, while XRP price shows strength, to be confirmed at the daily close.

BTC/USD 4-hour chart

SEC v. Ripple update: Regulator argues Hinman’s speech is not relevant to the lawsuit

The SEC has filed a brief on the Hinman speech as its legal battle against Ripple drags on. The US SEC is fighting back in its lawsuit against Ripple Labs and arguing that the Hinman documents Ripple lawyers want brought into evidence are irrelevant to the case. The documents, from legal experts in the SEC, were used to inform Hinman’s speech arguing cryptos should not be treated as securities. 

XRP-USDT price chart

Solana price hints at a 50% upswing under these specific conditions

Solana price shows an interesting setup as it tries to overcome a stiff resistance level. The fifth attempt to overcome hurdles will likely be successful due to multiple bullish confluences.

SOL/USDT 1-day 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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