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.
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.
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.
Author
FXStreet Team
FXStreet
