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Cryptocurrencies Price Prediction: Ripple, Chainlink & Stellar – American Wrap 21 December

Cryptocurrencies Price Prediction: Ripple, Chainlink & Stellar – American Wrap 21 December
FXStreet TeamFXStreet TeamFXStreet

Ripple Price Prediction: XRP to retest $0.44 before the uptrend resumes

Ripple had a significant pullback after the SPARK airdrop ended on December 12, but managed to recover promptly. Now that the rest of the cryptocurrency market seems to be in consolidation mode, XRP bears are targeting $0.44.

Chainlink Price Forecast: LINK ready for 50% breakout if critical support holds

Despite the recent sell-off from $13.27 to $12.15, LINK bulls remain in control of the daily uptrend. Chainlink price established a higher high at $14.56 and a higher low at $12.31 compared to previous levels. Now, the decentralized oracles token needs to move above the 50-day SMA at $13 to advance further.

Stellar Price Analysis: XLM faces uphill battle as selling pressure mounts

Stellar is contained inside a symmetrical triangle pattern on the 12-hour chart. The digital asset has just defended the lower trendline support level at $0.165 and aims to rebound higher. The bulls need to reconquer the 50-SMA level as support.

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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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Ripple eyes $1.50 breakout despite softening on-chain activity

Ripple eyes $1.50 breakout despite softening on-chain activity

XRP remains elevated near $1.45 after a sharp spike from the weekly low of $1.31. XRP retains a neutral-to-bullish technical outlook, supported by the RSI and uptrending moving averages.

Zcash Price Forecast: Rally hits nine-year high above $1,000 amid growing shielded demand

Zcash Price Forecast: Rally hits nine-year high above $1,000 amid growing shielded demand

Zcash trades above $1,000 on Friday, building on its 16% gain from the previous day. On-chain data show a steady increase in shielded supply to 4.86 million ZEC tokens, pointing to growing demand for privacy.

Crypto’s $638 million buyback boom may not be as bullish as it looks

Crypto’s $638 million buyback boom may not be as bullish as it looks

Decentralized Finance (DeFi) protocols reportedly spent $638 million to buy back their native tokens in August, up 17% from a year earlier. On the surface, the buyback trend suggests the cryptocurrency industry is maturing fast.

Crypto Today: Bitcoin, Ethereum, XRP recovery takes a breather amid capital inflows

Crypto Today: Bitcoin, Ethereum, XRP recovery takes a breather amid capital inflows

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Bitcoin: Gearing up for a sharp move

Bitcoin: Gearing up for a sharp move

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