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Cryptocurrencies Price Prediction: Ripple, Meme coins & Solana – American Wrap 05 June

FXStreet Team FXStreet

Ripple Price Forecast: Plunge in XRP futures open interest and volume accelerates downside risks

Ripple’s (XRP) bulls are struggling to limit downside risks while the broader cryptocurrency market consolidates. The cross-border money transfer token is hovering at around $2.18 after extending losses by 4% from its recent lower high at $2.25. Fundamentals from the derivatives market suggest that overhead pressure could continue to overshadow demand, especially with the Open Interest (OI) and trading volume falling sharply.

Meme coins to watch: TRUMP, Fartcoin hover near key support as sell pressure mounts

Overhead pressure continues to weigh on the cryptocurrency market, particularly on highly volatile assets like meme coins. The Official Trump (TRUMP) token is struggling to stay above the $10.00 support level, reflecting a lethargic sentiment. Meanwhile, Fartcoin (FARTCOIN) offers subtle reversal signs despite multiple technical sell signals cautioning that the downtrend could last longer than expected.

Why Solana down today?

Solana (SOL) dropped 3% to $152.40, driven by a combination of bearish technical indicators and unease over a possible $1 billion token launch by meme coin platform Pump.fun.

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FXStreet Team

FXStreet

Ripple tests recovery strength amid steady ETF inflows, growing retail interest

Ripple (XRP) continues to demonstrate notable resilience as the cryptocurrency market navigates the persistent war in the Middle East after the United States (US) and Israel attacked Iran on Saturday.

Bitcoin extends gains as ETF inflows persist despite broadening US-Iran war

Bitcoin hovers around $73,000 on Thursday, driven by the US Stock market recovery, boosting risk-on sentiment. Data shows analysts are mostly bullish on Bitcoin, citing renewed demand from institutional investors, on-chain holders, and the derivatives market.

Crypto Today: Bitcoin, Ethereum, XRP hold weekly gains despite US-Iran war

The cryptocurrency market is gaining strength on Thursday, building on Wednesday's upswing, which saw Bitcoin reach a weekly high above $74,000. Ethereum and Ripple are moderating their recent gains amid uncertainty stemming from the escalating war in the Middle East.

Pi Network eyes breakout rally as broader market recovers

Pi Network (PI) price extends gains above $0.1900 at press time on Thursday, following a 7% increase the previous day. The upcoming token unlock of more than 20 million PI tokens on Saturday looms over the short-term recovery.

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

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.