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Cryptocurrencies Price Prediction: Luna, Polygon & Shiba– American Wrap 13 February

Cryptocurrencies Price Prediction: Luna, Polygon & Shiba– American Wrap 13 February
FXStreet TeamFXStreet TeamFXStreet

What's next for Terra Luna Classic price after LUNC sheds 20%?

LUNA Classic price fared well until two weeks ago, as the altcoin had noted a 55% increase in value over the month. But the changing market conditions might push LUNC and many other cryptocurrencies into the bears' hands.
LUNC MACD and RSI
Polygon (MATIC) price is continuing its sell-off on Monday that started on Sunday after bulls got rejected again from breaking above $1.312. Although bulls were eager to try and continue their mantra in February, which elevated the price action in January by 74%, it looks to be breaking down now. The sentiment changed two weeks ago on Friday, a very strong jobs report out of the US made traders realize that 2022 is simply continuing into 2023.
MATIC/USD daily chart

Will Shiba Inu lose 22% gains as PayPal dispels rumors of supporting SHIB payments?

Shiba Inu, the second-largest meme coin in the crypto ecosystem and a leading competitor of Dogecoin could loss its month-on-month gains in response to recent bearish developments. Payments giant PayPal dispelled rumors of Shiba Inu support and announced on crypto Twitter that it currently supports Bitcoin, Ethereum, Litecoin and Bitcoin Cash. 
 

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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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XRP steadies as long-term buy signals face fresh resistance

XRP steadies as long-term buy signals face fresh resistance

Ripple trades sideways around the pivotal $1.50 level on Tuesday. The remittance token similarly holds in a broader range with support at $1.40 and resistance at $1.60. A break on either side could set the pace and direction XRP takes in the fourth quarter of 2026.

Top Altcoins Price Forecast: Ripple in a limbo near $1.50, Cardano extends rally, and Solana faces headwinds

Top Altcoins Price Forecast: Ripple in a limbo near $1.50, Cardano extends rally, and Solana faces headwinds

Ripple hovers around $1.50 on Tuesday, near the apex of a triangle pattern, suggesting an imminent breakout move. Cardano is up 3%, extending gains for the third consecutive day as bullish momentum persists. Solana edges lower for the second consecutive day.

Crypto Today: Bitcoin, Ethereum, XRP bulls battle to restart uptrend amid ETF outflows

Crypto Today: Bitcoin, Ethereum, XRP bulls battle to restart uptrend amid ETF outflows

Bitcoin upholds a robust bullish outlook, trading at $85,837 on Tuesday as sellers push to regain control over the trend. Altcoins, meanwhile, reflect Bitcoin’s ranging action, with Ethereum trading sideways above $2,700 and Ripple hovering around the pivotal $1.50 level.

Bitcoin: Rising yields, stronger US Dollar cap BTC upside

Bitcoin: Rising yields, stronger US Dollar cap BTC upside

Bitcoin remains under pressure, trading below $86,000 at the time of writing on Tuesday, as profit-taking intensifies. Mixed sentiment among corporate and institutional demand as Strategy added 334 BTC to its reserves while spot ETFs recorded a mild $89.90 million outflow on Monday.

Bitcoin: Is BTC setting up for an Uptober rally?

Bitcoin: Is BTC setting up for an Uptober rally?

Bitcoin (BTC) extends its gains, trading near $86,000 at the time of writing on Friday after closing September 6.33% up, reversing its seasonal weakness. Historical data suggest October could be a strong month for BTC, especially after a positive September.