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Cryptocurrencies Price Prediction: Bitcoin, Solana & Crypto – European Wrap 16 October

Cryptocurrencies Price Prediction: Bitcoin, Solana & Crypto – European Wrap 16 October
FXStreet TeamFXStreet TeamFXStreet

Bitcoin: Max pain zone tapped – Bear trap or breakdown?

Bitcoin has just revisited the $110K zone, tapping into the max pain area for longs. This comes only weeks after the massive liquidation cascade sparked by Trump’s tariff announcement, which wiped out more than $4.2 billion in leveraged positions — the largest crypto washout of the year.

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Solana Price Forecast: SOL eyes region above $200 as crypto market attempts recovery 

Solana (SOL) is trading above $195 at the time of writing on Thursday, indicating that sentiment in the broader cryptocurrency market may be shifting positively. 

Crypto majors, including Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP), are edging higher, hinting at restored risk-on sentiment. The largest cryptocurrency by market capitalization, BTC, is back above the $111,000 level after a short-lived dip below $110,000. Ethereum (ETH) shows signs of extending its up leg above the short-term $4,100 resistance.

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Crypto Today: Bitcoin, Ethereum, XRP downside risks escalate as traders reduce exposure 

Bitcoin (BTC) is declining for the third consecutive day, trading around $110,500 at the time of writing on Thursday. The drawdown follows the largest deleveraging event in the history of the cryptocurrency industry on Friday, which continues to drag sentiment in the broader crypto ecosystem down.

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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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XRP steadies as long-term buy signals face fresh resistance

XRP steadies as long-term buy signals face fresh resistance

Ripple trades sideways around the pivotal $1.50 level on Tuesday. The remittance token similarly holds in a broader range with support at $1.40 and resistance at $1.60. A break on either side could set the pace and direction XRP takes in the fourth quarter of 2026.

Top Altcoins Price Forecast: Ripple in a limbo near $1.50, Cardano extends rally, and Solana faces headwinds

Top Altcoins Price Forecast: Ripple in a limbo near $1.50, Cardano extends rally, and Solana faces headwinds

Ripple hovers around $1.50 on Tuesday, near the apex of a triangle pattern, suggesting an imminent breakout move. Cardano is up 3%, extending gains for the third consecutive day as bullish momentum persists. Solana edges lower for the second consecutive day.

Crypto Today: Bitcoin, Ethereum, XRP bulls battle to restart uptrend amid ETF outflows

Crypto Today: Bitcoin, Ethereum, XRP bulls battle to restart uptrend amid ETF outflows

Bitcoin upholds a robust bullish outlook, trading at $85,837 on Tuesday as sellers push to regain control over the trend. Altcoins, meanwhile, reflect Bitcoin’s ranging action, with Ethereum trading sideways above $2,700 and Ripple hovering around the pivotal $1.50 level.

Bitcoin: Rising yields, stronger US Dollar cap BTC upside

Bitcoin: Rising yields, stronger US Dollar cap BTC upside

Bitcoin remains under pressure, trading below $86,000 at the time of writing on Tuesday, as profit-taking intensifies. Mixed sentiment among corporate and institutional demand as Strategy added 334 BTC to its reserves while spot ETFs recorded a mild $89.90 million outflow on Monday.

Bitcoin: Is BTC setting up for an Uptober rally?

Bitcoin: Is BTC setting up for an Uptober rally?

Bitcoin (BTC) extends its gains, trading near $86,000 at the time of writing on Friday after closing September 6.33% up, reversing its seasonal weakness. Historical data suggest October could be a strong month for BTC, especially after a positive September.