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Cryptocurrencies Price Prediction: Cardano, Ripple and Crypto.com – European Wrap 26 October

Cardano price is heading to $0.45 and here’s where you can accumulate ADA

Cardano price is in a delicate place after its volatile move over the last 24 hours. Investors need to be cautious of entering the market late and getting trapped. A better plan would be to wait for ADA to pull back to critical levels. 

ADAUSDT 1-day chart

Ripple price action has a hall pass to rally higher as the dollar retreats

Ripple (XRP) price action has opened up a very large room to rally into as its main bearish factor, the stronger dollar, is taking a big step back for a second day in a row. Although XRP price seems unmoved initially, expect a catchup sometime soon. The rally could bear a 21% gain on projections and forecasts, which means it could jump as far as $0.56, which is the high of September. 

 
XRP/USD Daily chart

Crypto.com coins print 5% gains intraday and break through the bearish fortress

Crypto.com coins (CRO) price action has popped over 8% since trading started on Monday morning, when Asian stocks tanked massively. CRO price action has received support from the US stock markets, where all three major indices are on a winning streak with two consecutive gains in a row already – and those during earnings season. Additionally, some rumours allude to the fact that the Fed could be near its tipping point and could start slowing down its hikes, triggering a reshuffling of the long dollar positions with a weaker dollar.

CRO/USD Daily 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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XRP holds bearish bias despite spot ETF inflows
Ripple (XRP) retains a bearish near-term tone on Friday, falling toward the psychological support at $1.00. This follows renewed inflation concerns in the United States (US) after the Federal Reserve (Fed) left interest rates unchanged, as two members of the committee dissented in favor of a 25 basis point hike.
Crypto Today: Bitcoin, Ethereum, XRP edge lower despite renewed ETF inflows
The cryptocurrency market broadly corrects on Friday, as investors assess macro uncertainty and geopolitical tensions, which continue to escalate in the Middle East. Bitcoin (BTC) is trading below $64,000, down from the weekly high of $65,745. Altcoins such as Ethereum (ETH) and Ripple (XRP) are trading under increasing selling pressure below $1,900 and $1.10, respectively.
US sanctions Iran-linked Bitcoin insurance scheme for Strait of Hormuz ships
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Bitcoin Weekly Forecast: Bulls hold the line
Bitcoin (BTC) edges slightly lower, trading at $64,300 at the time of writing on Friday but holding firmly above a key support zone. US-listed spot Bitcoin Exchange Traded Funds (ETFs) support BTC as they continued to attract institutional flows through Thursday, pointing to the fourth consecutive week of net inflows.
Bitcoin: Bulls hold the line
Bitcoin (BTC) edges slightly lower, trading at $64,300 at the time of writing on Friday but holding firmly above a key support zone. US-listed spot Bitcoin Exchange Traded Funds (ETFs) support BTC as they continued to attract institutional flows through Thursday, pointing to the fourth consecutive week of net inflows.