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

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

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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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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Crypto Today: Bitcoin, Ethereum, XRP stabilize at lower levels amid ETF outflows and macroeconomic risks

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Bitcoin: BTC retreats as macro headwinds grow

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.