Cryptocurrencies Price Prediction: Ethereum Classic, Cardano & Solana — Asian Wrap 21 February

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Ethereum Classic Price Prediction: Don't over complicate the trade

Ethereum Classic price continues to stair-step north during the third week of February. Traders should maintain a close watch on the digital asset as it seems poised for a 20% rise.

Cardano price eyes five-month high as founder Hoskinson blames SEC for FTX collapse

Cardano price gains noted since the beginning of the year have kept investors optimistic about profits, especially those that were impacted severely by the FTX collapse. This downfall of the exchange, as believed by founder Charles Hoskinson had as much to do with SEC as much as Sam Bankman-Fried. Read more...

Solana Price Prediction: A sprint towards $30

Solana price has displayed strong bullish technicals during the first three weeks of February. At the time of writing, the Solana price stands 27% above where it once stood ten days prior. The flux of buying momentum is visible on the upright looking trend. While skepticism remains a prevalent factor amongst traders, SOL's recent price action seems unfazed by retail opinion and inflation fears.

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XRP falls toward $1.00 amid muted ETF activity

Ripple (XRP) edges lower toward the short-term $1.05 psychological support level at the time of writing on Wednesday. This marks three consecutive days of losses, undermining investor interest and the broader optimism for a potential deal between the United States (US) and Iran to reopen the Strait of Hormuz.

Swiss-based Taurus gives banks access to Hedera via unified digital asset platform

Taurus, a Switzerland-based digital asset infrastructure provider, announced on Wednesday that it has extended its services, targeting banks and regulated financial institutions on the Hedera (HBAR) network. Meanwhile, HBAR is paring losses, trading above $0.0650 at the time of writing. The token shows signs of stability amid a broader bearish trend.

Crypto markets trade muted, lag risk rally

Whilst hopes for a US-Iran agreement to revive the Strait of Hormuz and renewed AI-trade optimism lifted US equities to all-time highs, major cryptocurrencies remained largely sidelined on Wednesday. Bitcoin and Ether hovered near $64,000 and $1,800, respectively, extending their recent period of consolidation rather than participating in a broader risk rally they would normally follow.

Crypto Today: Bitcoin, Ethereum advance while XRP lags amid US-Iran deal optimism

Bitcoin (BTC) hovers near $64,000 at the time of writing on Wednesday, buoyed by a marginal improvement in crypto sentiment amid growing optimism that the United States (US) and Iran could potentially reach an agreement to open the Strait of Hormuz this week. Ethereum (ETH) mirrors Bitcoin’s neutral-to-bullish outlook, trading toward $1,900.

Bitcoin: Bulls hold the line

Bitcoin (BTC) edges slightly lower, trading at $64,300 at the time of writing on Friday but holding firmly above a key support zone. US-listed spot Bitcoin Exchange Traded Funds (ETFs) support BTC as they continued to attract institutional flows through Thursday, pointing to the fourth consecutive week of net inflows.