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Cryptocurrencies Price Prediction: Ripple, Cardano & Shiba Inu — Asian Wrap 14 October

XRP Price Prediction: Has the recent rebound shifted the bearish narrative?

XRP price witnessed an extremely volatile market behavior amidst the US Consumer Price Index release. Key levels have been defined to determine the next trending direction. Invalidation of the bearish thesis is a breach above $0.56.


Is Cardano price setting up a smart money trap?

Cardano price is currently up 7% after tagging a low of $0.35 for the first time in 2022 on Thursday morning. The recent US Consumer Price Index (CPI) data release prompted the sell-off and increased selling pressure on nearly all crypto assets. Shortly after the decline, a short squeeze took place, wiping out the liquidity of day trading bears.


Shiba Inu price: Will SHIB price double with 20 million daily token burn?

Shiba Inu community has taken control of the Shibburn portal and terminated its association with the Ryoshi Vision (RYOSHI) team. Nearly 20 million Shiba Inu(SHIB) tokens were burnt in the past 24 hours, permanently removing them from circulation.

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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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Solana Price Forecast: SOL consolidates as ETF inflows and on-chain activity rise

Solana (SOL) edges lower on Tuesday, following a 3% rise to start the week, extending its consolidation around the $100 psychological mark. Institutional confidence holds firm in the layer-1 blockchain, with $11 million in inflows on Monday, showing signs of increased risk appetite ahead of the CLARITY Act cloture vote scheduled for Tuesday.

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Ripple and Stellar outlook: Extend gains as derivatives support upside

Ripple and Stellar extend their gains after surging over 6% and 8%, respectively, on the previous day. In addition, improving derivatives metrics support a bullish bias, signaling further gains for both altcoins. Derivatives data shows bullish bias among traders. CoinGlass’ long-to-short ratios for XRP and XLM read 1.15 and 1.35, respectively, on Tuesday.

Crypto Overview: Bitcoin remains volatile amid CLARITY Act vote – Zcash, Stellar rally
Bitcoin (BTC) holds steady around $78,000 on Tuesday, sustaining its roughly 2% recovery from the previous day. Broader cryptocurrency market volatility remains elevated ahead of the scheduled CLARITY Act cloture vote on Tuesday. Zcash (ZEC) and Stellar (XLM) retain bullish momentum, emerging as the top performers over the last 24 hours.
Bitcoin: BTC retreats as macro headwinds grow
Bitcoin (BTC) remains under pressure, down over 4% this week and trading around $76,900 at the time of writing on Friday. Institutional demand shows signs of weakness as spot BTC Exchange Traded Funds (ETFs) are on track to end their three-week inflow streak, recording nearly $500 million in net outflows through Thursday.