Cryptocurrencies Price Prediction: GameFi, Fetch,ai & Solana – American Wrap 28 June

FXStreet Team FXStreet

Web3 gaming is the worst-performing category in Q2: MYTH, PRIME, YGG face double-digit losses

A crypto analyst ranked different categories of cryptocurrencies by their performance in the second quarter of 2024. Meme coins ranked first, while Gaming Finance (GameFi) ranked last in terms of Relative Strength, among other metrics.

Fetch.ai price to extend decline after testing major resistance level

Fetch.ai (FET) price is encountering resistance at $1.65 this week, with current trading below $1.46 as of Friday. On-chain data reveals that FET’s investors are taking profits, leading to an uptick in supply on exchanges. This indicates a bearish momentum that could potentially drive down FET's price in the coming days.

21Shares files for spot Solana ETF less than 24 hours after VanEck

Asset manager 21Shares filed an S-1 registration statement with the Securities & Exchange Commission (SEC) on Friday for a spot Solana (SOL) ETF, about 24 hours after VanEck filed for the same product.

Author

FXStreet Team

FXStreet

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.

XRP rebound remains fragile as muted ETF flows and weak technicals cap upside

Ripple (XRP) is regaining momentum, trading above $1.10 at the time of writing on Monday. This modest rebound mirrors the broader recovery observed across the cryptocurrency market.

Bitcoin Weekly Forecast: Strategy sells, the market doesn’t care

Bitcoin reclaims $64,000 on Friday, extending a modest recovery while holding firmly above the key technical support zone so far this week. Mixed spot Exchange Traded Funds (ETFs) flows through Thursday reflect cautious institutional positioning.

Pi Network tests key support as bears anticipate further decline

Pi Network tests $0.1000 on Friday, edging higher after six consecutive days of weakness. The technical outlook is bearish as intense sell-side momentum warns of a steeper correction despite mild intraday recovery.

Uniswap Price Forecast: Rising stablecoin activity fuels UNI bullish rally chances

Uniswap is up 3% on Friday, extending its rebound from the 50-day EMA at $3.08. Retail demand builds around Uniswap as Open Interest rises 5% in 24 hours, with a positive spike in the funding rate.

Bitcoin: Strategy sells, the market doesn’t care

Bitcoin (BTC) reclaims $64,000 on Friday, extending a modest recovery while holding firmly above the key technical support zone so far this week. Mixed spot Exchange Traded Funds (ETFs) flows through Thursday reflect cautious institutional positioning. Meanwhile, traders have digested headlines about Strategy’s recent Bitcoin sale, highlighting the Crypto King’s resilience and deep liquidity.