TRENDING:
Oil price
XAU/USD
EUR/USD
GBP/USD
Silver
Sponsored by
Login
|

Cryptocurrencies Price Prediction: Ethereum, Bitcoin & SUI – American Wrap 20 February

Cryptocurrencies Price Prediction: Ethereum, Bitcoin & SUI – American Wrap 20 February
FXStreet TeamFXStreet TeamFXStreet

Bitcoin and Ethereum compete for DeFi liquidity, while Solana faces rug pulls

Solana (SOL) is down over 40% from its peak of $295.83, trading to $172.98 on Thursday at the time of writing. The Ethereum competitor led Bitcoin bull market gains in 2024. However, recent developments have eclipsed the gains in the SOL ecosystem. 

Ethereum

Sui Price Forecast: SUI technical outlook hints at a possible double-bottom formation

Sui (SUI) price action hints at a double-bottom technical formation, which tends to be followed by a bullish move. The Coinglass long-to-short ratio for SUI stands above one and rises, indicating more traders are betting for a rally in SUI.

SUI/USDT daily chart

Bitcoin Price Forecast: BTC consolidation continues as market prepares for the next major move

Bitcoin (BTC) has been consolidating between $94,000 and $100,000 since February 5. Glassnode reports weakening capital inflows and declining derivatives activity, with short-term holder accumulation resembling challenging market conditions. 

Market: Top assets price performance 30-day chart. Source: Glassnode
 

Author

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.

More from FXStreet Team
Share:

Editor's Picks

XRP holds $1.00 key support as modest ETF inflows temper bearish trend

XRP holds $1.00 key support as modest ETF inflows temper bearish trend

Ripple continues to trend bearish, trading at $1.00 as of Monday. The remittance token has hovered near this key support level since last week, indicating muted market catalysts for a rebound and signs of seller fatigue.

Zcash extends gains amid rising retail strength, Ironwood pool adoption

Zcash extends gains amid rising retail strength, Ironwood pool adoption

Zcash (ZEC) is up 5% on Monday, erasing the 4% losses from the previous week. The privacy coin gains retail strength amid rising user adoption, with Open Interest up 6% in 24 hours as Ironwood pool shielded volume crosses 3 million ZEC tokens.

Bitcoin range trade hints at looming volatility burst, analysts say

Bitcoin range trade hints at looming volatility burst, analysts say

Bitcoin (BTC) trades slightly higher around $63,500 on Monday, following a slight correction the previous week, supported by improving risk sentiment and despite mild outflows from institutional demand.

Crypto Today: Bitcoin, Ethereum, XRP edge higher despite returning ETF outflows

Crypto Today: Bitcoin, Ethereum, XRP edge higher despite returning ETF outflows

The crypto market is broadly consolidating on Monday, with Bitcoin (BTC) holding above $63,000, Ethereum (ETH) approaching $1,900 and Ripple (XRP) sitting on top of the critical $1.00 support level.

Bitcoin: Hormuz uncertainty clouds BTC outlook

Bitcoin: Hormuz uncertainty clouds BTC outlook

Bitcoin (BTC) trades around $62,900 at the time of writing on Friday, down over 3% so far this week amid cautious institutional demand and persistent geopolitical uncertainty. While BTC shows signs of stabilization, elevated Oil prices and tensions in the Strait of Hormuz continue to weigh on risk sentiment, keeping the Crypto King’s near-term outlook under pressure.