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Cryptocurrencies Price Prediction: Ripple, Solana & Ethereum — Asian Wrap 17 October

Cryptocurrencies Price Prediction: Ripple, Solana & Ethereum — Asian Wrap 17 October
FXStreet TeamFXStreet TeamFXStreet

XRP gains nearly 2% as traders digest SEC appeal timeline in lawsuit

Ripple (XRP) trades above $0.5400 on October 16, Wednesday. The Ripple Swell event announcements and Securities & Exchange Commission (SEC) vs. Ripple lawsuit’s appeal process and its timeline are the key market movers for the altcoin. 

Solana Price Forecast: SOL gears up to test $172 resistance

Solana (SOL) gains on Wednesday, trades above $154 at the time of writing. SOL token has traded within a range between the March 18 peak of $210.18 and the August 5 low of $110 for six consecutive months. 

Ethereum Price Forecast: ETH eyes for $2,800 following retest of support level

Ethereum (ETH) edges higher again on Wednesday after retracing and testing its crucial support level the prior day. Supporting Tuesday’s retracement, US spot Ethereum Exchange Traded Funds (ETFs) recorded a mild outflow on the day, followed by some investors booking profits, as shown by Lookonchain data and the Sentiments Network Realized Profit/Loss metric.

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Crypto Today: Bitcoin, Ethereum, XRP pare gains despite increasing hopes of upcoming Fed rate cut

Crypto Today: Bitcoin, Ethereum, XRP pare gains despite increasing hopes of upcoming Fed rate cut

Bitcoin (BTC) is steadying above $91,000 at the time of writing on Friday. Resistance at $94,150 capped recovery on Wednesday, but in the meantime, bulls have contained downside risks above $90,000.