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Cryptocurrencies Price Prediction: Ripple, Cardano & Polkadot – American Wrap 20 January

Ripple price could move to greener pastures as Pornhub adds XRP as a payment option

XRP has lost over 60% of its value since November 24, 2020, after peaking at $0.78. The digital asset plummeted after the SEC sued Ripple, alleging that the company sold illegal securities to investors. On December 29, 2020, XRP price dropped to $0.173 but managed to recover and it’s currently trading at $0.288. 

Cardano Price Prediction: ADA defends critical support level and reignites run to $2

Cardano had a significant breakout from an inverse head and shoulders pattern on the weekly chart that had a price target of $2. As we discussed in our previous analysis, Cardano still needs to climb above $0.38 for the bulls to be in full control. 

Polkadot Price Forecast: DOT begins corrective downtrend towards $10

Polkadot had a massive run to its all-time high of $19.4 on January 16, reaching a market capitalization of $16 billion and placing itself as the 4th largest digital asset. DOT is still up by 60% in the past week despite the recent sell-off.

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Cardano Price Analysis: Approaches key trendline amid bearish sentiment

Cardano (ADA) price is approaching its descending trendline around $0.28 at the time of writing, set to shape the next directional move. The derivatives metrics paint a bearish picture, with ADA’s Open Interest continuing to fall and short bets rising among traders.

Top Crypto Gainers: Decred, Zcash, and Dogecoin lead recovery as Bitcoin crosses $72,000

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Ethereum Price Forecast: ETH jumps alongside a spike in open interest, realized price could limit upside

Ethereum (ETH) has jumped above $2,100 on Wednesday, following a general recovery across the crypto market. The move was accompanied by a spike in Ethereum's open interest, which has increased to 13.43M ETH — its highest level since January 31. The top altcoin's OI has been rising since February 19, adding 1.2M ETH over the past two weeks. 

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Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.

Bitcoin: Another month of losses, and it’s been five

Bitcoin (BTC) price is stabilizing around $68,000 at the time of writing on Friday, but the Crypto King is poised to close February on a fragile footing, marking its fifth consecutive month of losses since October and a rare start to the year with back-to-back monthly corrections.