Cryptocurrencies Price Prediction: Ripple, Chainlink & Vechain – American Wrap 26 January

FXStreet Team FXStreet

Ripple Price Prediction: XRP is on the edge of a massive fall below $0.20

Over the past two months, XRP’s total market capitalization has fallen from a high of $32 billion on November 24, 2020, to only $12 billion currently. The biggest reason for this drop was the SEC suing Ripple for the sales of unregistered securities. XRP is close to losing its fifth position in market capitalization ranking to Cardano.

Chainlink price aims for $26 as it hits a new all-time high in trading dominance

Chainlink has been one of the best performing coins in 2020 and is trying to do the same in 2021. The digital asset has reached a market capitalization of $10 billion positioning itself rank seven.

Vechain price can dive to $0.02 as bears take control of the short-term trend

Vechain has been trading inside a rising wedge since January 7. The digital asset saw a 100% price increase since the beginning of 2021 peaking at $0.035. However, bears have taken control of the short-term trend and aim to drive Vechain price towards $0.02.

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Cardano holds steady as bulls intensify push for breakout

Cardano rises above the 50-day EMA resistance amid a risk-on mood across the crypto market. The MACD upholds positive divergence, increasing the potential for a 20% breakout to $0.505.

XRP poised for breakout as ETF inflows and bullish momentum align

Ripple is showing strength, trading at $2.36 at the time of writing on Tuesday. The cross-border remittance token has maintained a steady uptrend for six consecutive days, underscoring steady inflows into XRP spot Exchange Traded Funds.

Crypto Today: Bitcoin, Ethereum, XRP uptrend cools amid surging ETF inflows

Bitcoin is retracing toward support at $93,000 at the time of writing on Tuesday, after reaching a previous day’s high of $94,789. Ethereum and Ripple uptrend has cooled after several days of persistent gains, suggesting potential profit-taking.

Bitcoin holds above $93,000 as ETF inflows continue and Strategy boosts holdings

Bitcoin price trades around $93,000 at the time of writing on Tuesday, pausing near a key resistance zone after its recent advance. Institutional demand remains supportive, with US-listed spot ETFs recording their largest single-day inflow since early October.

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Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.

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