Cryptocurrencies Price Prediction: Ethereum, Solana & Crypto – European Wrap 26 July

FXStreet Team FXStreet

Ethereum Classic price sets for a rally following retest of key support

Ethereum Classic (ETC) edges higher by 2.3% and trades around $22.60 at the time of writing on Friday after testing a key support area the day before. On-chain data showing increased account growth suggests a bullish move ahead.

Solana, XRP ETFs may not hit the market, BlackRock doesn’t see possibility

Asset management giant BlackRock does not see much interest among clients in crypto ETFs beyond Bitcoin and Ethereum. While crypto traders consider spot Ethereum ETF approval as the first step towards other crypto assets, the statement from an executive at the asset management firm has caused uncertainty.

Crypto market takes a chance on recovery

The cryptocurrency market rallied 3.4% overnight to $2.4 trillion, taking advantage of the mixed performance of US indices, with the Russell2000 and Dow Jones up and the Nasdaq100 and S&P500 down. It's not a full recovery, but it's the second bounce in a week from just under $2.31 trillion.

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Stellar Price Forecast: XLM slips below $0.22 as bearish momentum builds

Stellar (XLM) price is trading below $0.22 at the time of writing on Wednesday after failing to close above the key resistance earlier this week. Bearish momentum continues to strengthen, with open interest falling and short bets rising.

Pi Network Price Forecast: PI struggles to rebound amid muted demand

Pi Network (PI) edges higher by almost 1% at press time on Wednesday, bouncing off the $0.2000 level after a four-day decline. The recovery lacks momentum as the social interest surrounding Pi Network declines. Technically, PI is at a crossroads, struggling for a rebound as momentum is lacking.