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Cryptocurrencies Price Prediction: Ethereum, Terra & Shiba Inu – American Wrap 26 September

Cryptocurrencies Price Prediction: Ethereum, Terra & Shiba Inu – American Wrap 26 September
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Ethereum whales gobble up SHIB, but Shiba Inu price withholds rally

Shiba Inu price is moving sideways around $0.00001100 after getting rejected at $0.00001225. The second-largest meme coin has been in a down trending channel since it encountered an intensive seller congestion area at $0.00001801 in early August. Interestingly, SHIB’s declines respected a rising trend line alongside its primary support, encouraging investors to take up long positions.

LUNA price takes off! Why A 40% Monday rally could be the start of much more

Terra’s LUNA price woke the market up on Monday morning. The controversial crypto token has rallied 40% in just hours as an uptick in volume persists on lower time frames. The move is the first sign of positive reinforcement following the 75% decline in September. Before the mudslide, LUNA had risen 300% in a week. The newfound bullish price action could be the continuation of the FOMO rally.

Ethereum Price Prediction: Miners poised to sell after GPU mining goes bankrupt

Ethereum price has yet to retaliate against the bearish onslaught experienced this month. Since September 10, the bears have forged a steep decline suppressing any attempts for a V-shaped retaliation. The downtrend fuels the newly developing bearish sentiment surrounding the Ethereum Merge.

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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.

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Cardano Price Forecast: Weak momentum puts ADA recovery at risk

Cardano Price Forecast: Weak momentum puts ADA recovery at risk

Cardano is trading below $0.222 on Thursday after failing to sustain gains above the 50-day Exponential Moving Average near $0.228 the previous day. Weakening derivatives metrics and fading bullish momentum continue to weigh on sentiment, while a break below the 100-day EMA could push ADA lower. Derivatives data shows a cautious outlook for Cardano.

Ripple and Stellar outlook: XRP and XLM recovery stalls below EMAs

Ripple and Stellar outlook: XRP and XLM recovery stalls below EMAs

Ripple and Stellar remain under pressure on Thursday as both struggle to sustain their recent recovery attempts. XRP trades below $1.36, while XLM slips beneath $0.183, as mixed derivatives metrics, weakening momentum indicators and heating market conditions suggest cautious market sentiment. Derivatives data shows weakening conditions for Ripple and Stellar.

Zcash Price Forecast: ZEC reclaims $1,300 as ETF inflow hits 30-day high

Zcash Price Forecast: ZEC reclaims $1,300 as ETF inflow hits 30-day high

Zcash price hovers above $1,300 on Thursday, sustaining its 15% gains so far this week with three straight days of recovery. Institutional and retail appeal is returning, with over $15 million in inflows recorded on Wednesday and ZEC futures Open Interest rising to a 30-day high of $2.89 billion. The technical outlook for ZEC indicates an upside bias as recovery gains traction.

Bitcoin derivatives improve, but $87,000 sell wall looms

Bitcoin derivatives improve, but $87,000 sell wall looms

Bitcoin (BTC) showed signs of recovery on Wednesday as derivatives positioning improved, but sell risk grew between $86,500 and $87,500, where sell orders and leveraged liquidation clusters could limit further gains.
Bitcoin: Macroeconomic headwinds, cooling demand cap BTC gains

Bitcoin: Macroeconomic headwinds, cooling demand cap BTC gains

Bitcoin (BTC) extends losses this week, trading below $82,500 as of Friday as selling pressure continues. Weakening institutional demand supports this pullback as BTC spot Exchange-Traded Funds (ETFs) are on track to record a two-week withdrawal streak, reaching $146.19 million in net outflows through Thursday.