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Cryptocurrencies Price Prediction: Cosmos, Ripple & Ethereum — Asian Wrap 28 December

Cosmos price gives investors a buying opportunity before a possible swing to $17.19 for ATOM

Cosmos (ATOM) price is trading with a bullish bias, which has seen the cryptocurrency vindicate itself from underneath the confines of a descending trendline. This is a bullish sign, hinting at a strong rally depending on how bulls play their hand.

XRP price consolidates after failing crucial breach even as Binance announces Ripple-USDC listing

XRP price is witnessing a dry run, making minimal growth since the 19% crash of mid-November. External factors are not contributing much either, given Ripple has remained largely away from any kind of rally even as Binance Spot listed a new XRP trading pair.

Ethereum price eyes $2,500 mark as Solana market takes a breather

Ethereum (ETH) price looks poised for a shine after a prolonged contention against its peer in the Layer 1 space, Solana (SOL). This brings to mind previous reports where Solana founder Anatoly Yakovenko said he envisions a future where SOL and Ether co-exist, urging that the whole narrative of one ecosystem kills the other be binned.

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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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Ripple defends 50-day EMA as Standard Chartered launches RLUSD custody

Ripple is coming under intense selling pressure, trading around $1.40 on Monday. The remittance token appears to lack the required tailwind to sustain its recovery, while broader crypto market headwinds weigh on price action.

NEAR Protocol rally stalls below $6 amid firm ETF inflows

NEAR Protocol is down 3% at press time on Monday, ticking lower after rallying 30% over the last three days as buying pressure eases. The recovery aligns with Bitwise’s NEAR-focused ETF recording its second weekly inflow of over $13 million last week.

Bitcoin struggles as ETF outflows, geopolitical uncertainty weigh

Bitcoin steadies around $83,600 at the time of writing on Monday, after a 3.1% decline last week. Institutional demand shows weakening signs, with spot ETFs recording $681.10 million in net outflows last week, ending a three-week streak of inflows.

Crypto Today: Bitcoin, Ethereum and XRP face recovery headwinds as ETF outflows weigh

Cryptocurrency prices are broadly consolidating on Monday, with select tokens such as Ethereum slowly edging higher above $2,500. Bitcoin holds above $84,000 as bulls battle seller congestion, while Ripple consolidates around $1.40.

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