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Cryptocurrencies Price Prediction: Meme, BNB & XRPL – European Wrap 23 September

Cryptocurrencies Price Prediction: Meme, BNB & XRPL – European Wrap 23 September
FXStreet TeamFXStreet TeamFXStreet

Meme Coins Price Prediction: BONK, WIF, TOSHI at crossroads as crypto market melts down

Meme coins such as Bonk (BONK), Dogwifhat (WIF), and Toshi (TOSHI) stand at crucial trend-deciding crossroads on Tuesday as the broader cryptocurrency market suffers liquidations of over $1.50 billion in the last 24 hours. This crash reduced the market capitalization of the meme coin segment to $69.96 billion, down from $74.99 billion on Monday. 

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BNB Price Forecast: BNB steadies near $1,000, eyes fresh leg higher

BNB (BNB), formerly known as Binance Coin, edges slightly up and steadies at $1,000 at the time of writing on Tuesday after falling 5.2% the previous day. With institutional demand picking up, sideline investors looking for a buying opportunity could do so between the $900 and $948 range. Before, BNB bulls may be setting the stage for a potential fresh leg higher toward new all-time highs.

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XRPL roadmap highlights regulatory tools, future DeFi plans

RippleX has deployed compliance features on XRPL and outlined ongoing research into privacy and DeFi infrastructure, but key milestones remain unconfirmed.

RippleX, the development arm of Ripple, continues to build institutional-grade features for the XRP Ledger (XRPL). The latest updates focus on compliance, with ongoing research into lending and privacy solutions.

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XRP edges lower despite record on-chain activity and steady ETF inflows

XRP edges lower despite record on-chain activity and steady ETF inflows

Ripple is trading under pressure at the time of writing on Thursday, after bulls failed to break the short-term resistance at $2.22. The reversal may extend toward Monday’s low of $1.98, especially if risk-off sentiment persists in the broader cryptocurrency market.

Aster lags recovery as perpetual DEX releases new roadmap on infrastructure, utility and ecosystem 

Aster lags recovery as perpetual DEX releases new roadmap on infrastructure, utility and ecosystem 

Aster is consolidating above $1.05 at the time of writing on Thursday, reflecting lethargic sentiment in the broader cryptocurrency market. The token native to the perpetual Decentralised Exchange had recovered from Monday's low of $0.88 but stalled around $1.08 on Wednesday.

Hyperliquid Price Forecast: Bulls aim breakout as RSI and MACD flash buy signal

Hyperliquid Price Forecast: Bulls aim breakout as RSI and MACD flash buy signal

Hyperliquid struggles to surface above $35 as a local resistance trendline caps the two-day recovery run. Hyperliquid Strategies Inc. (PURR) transfered 12 million HYPE tokens to Hypercore and staked 425,000 tokens, which reflects confidence. 

Cardano builds recovery momentum as sentiment improves

Cardano builds recovery momentum as sentiment improves

Cardano is extending its recovery for the second consecutive day, trading at around $0.4400 at the time of writing on Thursday. If this recovery leg from Monday's $0.3707 level steadies in the coming days, Cardano bulls could push toward a bullish December.

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Bitcoin: BTC steadies as data suggests local bottom

Bitcoin: BTC steadies as data suggests local bottom

Bitcoin (BTC) hovers around $91,000 at the time of writing on Friday, extending its recovery by 5% so far this week. On the institutional front, a modest outflow from US-listed spot Bitcoin Exchange Traded Funds (ETFs) marks a slowdown from previous weeks and signals a reduction in selling pressure, further supporting BTC’s recovery.