Cryptocurrencies Price Prediction: Cardano, Shiba Inu & Ethereum – European Wrap 23 December [Video]

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Cardano price looks ready to retest $2.50 with rising scale of adoption

“Ethereum-killer” Cardano has witnessed a spike in adoption as the on-chain activity in the network increases. Analysts have predicted a rally in Cardano price, setting a target of $2.50 for the altcoin.

Shiba Inu holders get Christmas early as SHIB price eyes 25% upswing

Shiba Inu price experienced a bullish onslaught over the last two days, resulting in an exponential upswing. The run-up, while impressive, failed to collect liquidity resting above a crucial level. Therefore, investors can expect SHIB to retrace briefly before seeing another leg-up.

SHIB/USDT 4-hour chart

Microsoft director bets on Ethereum as the altcoin price heads to new all-time high

A director of Microsoft is bullish on Ethereum’s adoption over the next two years. Ethereum price has recovered from the price drop over the past two weeks and the altcoin is now on track for a new all-time high.

Ethereum: Relative address supply distribution

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Ripple Price Forecast: XRP recovery dims as demand cools

Ripple (XRP) maintains narrow range trading on Monday, with support at $1.10. The token's upside remains largely constrained, as major moving averages trend downward, aligning with low demand in both the institutional and retail markets.

Crypto Today: Bitcoin, Ethereum, XRP hold key support as US and Iran agree to halt strikes

Bitcoin (BTC) maintains a neutral-to-bullish outlook, trading above $65,000 on Monday. Ethereum (ETH) is approaching the key supply and inflection point $2,000, while Ripple (XRP) hovers slightly above $1.10, underscoring a marginal improvement in the broader cryptocurrency market sentiment.

Shiba Inu Price Forecast: The three factors driving SHIB's mystery rally

Shiba Inu (SHIB) price is down 3% on Monday, reflecting a potential profit-driven pullback after rising over 25% over the last two days. The mystery rally in SHIB has outpaced the minor recovery seen in other meme coins, with data suggesting it is linked to supply burns, the Korean market demand, and ecosystem expansion.

Bitcoin options traders are dropping their hedges going into the Fed meeting

Bitcoin's options market has turned notably less defensive over the past month, unwinding the downside protection traders built up in June just as the Federal Reserve prepares to meet.

Bitcoin: BTC holds firm, but the $100 Oil threat could change the game

Bitcoin (BTC) is modestly recovering, trading at $65,400 on Friday and holding firmly above the key support zone. US-listed spot Bitcoin Exchange Traded Funds (ETFs) supported BTC’s modest recovery as they continued to attract institutional inflows through Thursday, pointing to the third consecutive week of inflows.