Cryptocurrencies Price Prediction: Crypto.com, Solana & Shiba Inu — Asian Wrap 19 July [Video]

FXStreet Team FXStreet

Why Crypto.com price is set for another 20% gain

Crypto.com price has risen 10% over the weekend. The bullish influx is taking traders by storm as the crypto market is witnessing the strongest recovery since the last week of June. Still, the market shows further upside potential. Crypto.com price ascends in wedge-like formation, which is likely to prematurely entice bears to open short positions.

Why the Solana price has investors in disbelief

Solana price has risen 25% since the weekend. SOL price has repetively breached a parallel channel and climbed higher, which raises questions about the uptrend’s strength. Invalidation of the broader bearish thesis is a breach above $50.50.

Shiba Inu Burn Alert: 1.2 billion SHIB tokens destroyed within a week

Shiba Inu’s lead developer Shytoshi Kusama identified one key requirement for a massive SHIB burn and that requirement is that a true community effort is needed for burn implementation. Kusama believes that it might take time for the timing to work out perfectly.

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Cardano holds steady as bulls intensify push for breakout

Cardano rises above the 50-day EMA resistance amid a risk-on mood across the crypto market. The MACD upholds positive divergence, increasing the potential for a 20% breakout to $0.505.

XRP poised for breakout as ETF inflows and bullish momentum align

Ripple is showing strength, trading at $2.36 at the time of writing on Tuesday. The cross-border remittance token has maintained a steady uptrend for six consecutive days, underscoring steady inflows into XRP spot Exchange Traded Funds.

Crypto Today: Bitcoin, Ethereum, XRP uptrend cools amid surging ETF inflows

Bitcoin is retracing toward support at $93,000 at the time of writing on Tuesday, after reaching a previous day’s high of $94,789. Ethereum and Ripple uptrend has cooled after several days of persistent gains, suggesting potential profit-taking.

Bitcoin holds above $93,000 as ETF inflows continue and Strategy boosts holdings

Bitcoin price trades around $93,000 at the time of writing on Tuesday, pausing near a key resistance zone after its recent advance. Institutional demand remains supportive, with US-listed spot ETFs recording their largest single-day inflow since early October.

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Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.

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