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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FXStreet Team

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Ripple risks extending drop as June lows come into view

Ripple (XRP) ticks down below $1.20 with short-term support at $1.16 intact at the time of writing on Thursday. An early-week rally was rejected at $1.28, weighing on sentiment as traders broadly de-risked.

Crypto Today: Bitcoin, Ethereum and XRP pare losses on increasing bets of Fed tighter monetary policy

Cryptocurrency prices are broadly moderating downwards on Thursday, as market participants assess the impact of the Fed’s hawkish monetary policy stance. Bitcoin edges lower, with support at $64,000 holding.

Bittensor Price Forecast: TAO closes in key support, risking deeper losses

Bittensor price edges below $250 at press time on Thursday, marking its fourth straight day of losses. The AI token is losing retail demand as TAO futures Open Interest dips over 8% in the last 24 hours.

Bitcoin slips below $64,000 as hawkish Fed stance weighs on risk appetite

Bitcoin remains under pressure, extending its correction, trading below $64,000 at the time of writing on Thursday. The US Fed left interest rates unchanged but struck a hawkish tone on Wednesday, dampening the risk sentiment.

Experts agree: Bitcoin nears bottom, but weak demand raises doubts

Bitcoin (BTC) is trading above $63,000 at the time of writing on Friday after rebounding from the key 200-week Simple Moving Average (SMA) near $62,000, a level widely viewed as key long-term support. The recovery may suggest that Bitcoin has found a floor after a sharp correction that spanned more than a month, but some warning signs persist.