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Cryptocurrencies Price Prediction: Ripple, Shiba Inu and Cardano – European Wrap 25 August

Cryptocurrencies Price Prediction: Ripple, Shiba Inu and Cardano – European Wrap 25 August
FXStreet TeamFXStreet TeamFXStreet

Three reasons why XRP price could double in a few days

XRP price has been on an impressive upswing over the past month. While most altcoins are retracing, Ripple has managed to stay afloat without intense drawdowns.

XRP/USDT 1-day chart

Shiba Inu prepares for further losses as SHIB bulls lose control

Shiba Inu price has suffered a 22% drop from its swing high on August 17 as it continues to lose momentum. Although the SHIB offered an indecisive outlook with the recent technical pattern emergence, the canine-themed token is headed lower following a break below a key support level.

SHIB USDT

Cardano Price Prediction: ADA retracement could lead to new all-time high above $3

Cardano price is currently experiencing a sell-off after setting up a new all-time high on August 23. This downswing is likely to extend to find a stable support barrier before contemplating a new uptrend.

ADA/USDT 12-hour chart

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FXStreet Team

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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XRP Price Prediction: XRP tests major support at $1.00

XRP Price Prediction: XRP tests major support at $1.00

Ripple (XRP) remains pressured on Friday, trading around $1.03 at the time of writing. The token appears to hold this current level as support but lacks a catalyst to sustain a knee-jerk rebound toward the next key resistance at $1.10.
Top AI Coins Forecast: Chainlink, Near Protocol and Bittensor broadly stabilize after sell-off

Top AI Coins Forecast: Chainlink, Near Protocol and Bittensor broadly stabilize after sell-off

The cryptocurrency market is stabilizing on Friday as prospects for de-escalation in Middle East geopolitical tensions improve. Artificial Intelligence (AI)-focused tokens such as Chainlink (LINK), Near Protocol (NEAR), and Bittensor (TAO) continue to face selling pressure, yet are defending key technical support levels.
Bitcoin’s volatility has nearly disappeared – The risk hasn’t

Bitcoin’s volatility has nearly disappeared – The risk hasn’t

Spot Bitcoin ETFs are yet to see outflows this month, bringing in $754 million in the first week of August. Yet, Bitcoin remains steady at $64,700, while options flow favors protection at $62,000 and $63,000. The opposing signals point to a market with a spot bid but limited conviction.
Crypto Today: Bitcoin, Ethereum hold steady, XRP decline nears $1.00 amid easing geopolitical tensions

Crypto Today: Bitcoin, Ethereum hold steady, XRP decline nears $1.00 amid easing geopolitical tensions

Cryptocurrency prices are relatively stable on Friday, with Bitcoin (BTC) edging higher above the immediate $64,000 support. Ethereum (ETH) holds fairly above the short-term $1,900 demand area, as bulls target a potential breakout. Meanwhile, Ripple (XRP) maintains a dominant bearish outlook, edging lower toward the crucial $1.00 support.
Bitcoin: Can bulls weather the market uncertainty?

Bitcoin: Can bulls weather the market uncertainty?

Bitcoin (BTC) remains resilient, trading above $65,000 on Friday, with bulls defending key support despite cautious market sentiment. US-listed spot Bitcoin Exchange-Traded Funds (ETFs) showed strong inflows through Thursday, pointing to renewed institutional demand.